4-bedroom property · NR4 7AE
Listing removedListed 343 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent investment opportunity to acquire this multi let four bedroom property, ideally situated and offering strong rental returns with a current annual combined income of £20,400.
The property also benefits from planning permission for a single storey side extension, which would provide two additional bedrooms and a communal living area, further enhancing its income potential (Planning Ref: 20/00676/F).
The accommodation comprises an entrance hall leading to a quality fitted kitchen/diner, utility room, adjoining shower room, ground floor bedroom four, and a comfortable communal lounge.
On the first floor, there are three further bedrooms, a shared shower room, and a separate cloakroom off the landing.
The property benefits from double glazing and gas central heating, ensuring comfort and efficiency throughout.
Outside, there is a front garden, an enclosed private rear garden providing outdoor space for tenants, and a driveway to the side offering off road parking.
This is a superb opportunity for investors seeking a ready made income producing property with excellent scope to expand and increase future returns. Early viewing is highly recommended.
Location Lovelace Road is ideally located to the West of Norwich City centre, offering excellent access to a wide range of local amenities and key institutions.
The property is situated within close proximity to the University of East Anglia and the Norfolk and Norwich University Hospital, making it a convenient choice for students, professionals, and families alike.
There are a variety of shops, schools, and doctors nearby, along with good public transport links providing easy travel in and out of the City.
The location also benefits from quick access to the A11 and the Southern bypass, making it ideal for commuters.
In addition, residents can enjoy nearby local parks and green spaces, perfect for leisure and recreation.
What3words /// line.maybe.bliss Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Pymm & Co cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 95, Lovelace Road, Norwich
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