We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom terraced house · NR3 3QJ
Listing removedListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £145,000 - £150,000 calling all first time buyers** Gilson Bailey are delighted to offer this well-maintained, one bedroom end-terrace house, conveniently situated to the north of Norwich and offering an excellent opportunity for first-time buyers or buy-to-let investors.
The property provides a modern and practical layout, with the ground floor comprising a welcoming entrance hall, open-plan kitchen/living area creating a sociable space for cooking, dining and relaxing, and a convenient WC.
Upstairs, the property features a generously sized double bedroom complete with its own stylish en-suite shower room, providing a comfortable and private retreat.
Outside, there is the added benefit of one allocated parking space within the residents’ car park.
Further benefits include double glazing, gas-fired central heating and good decorative condition throughout.
Combining easy-to-manage accommodation, allocated parking and a convenient position to the north of Norwich, this appealing home would make a fantastic first step onto the property ladder or a strong addition to a rental portfolio, so be quick to book a viewing.
Location Parkhouse Court is situated close by to many local amenities including schooling, popular local shops, pubs, restaurants and supermarkets with great public transport links to and from the City centre and ease of access to Norwich Ring Road and the ndr.
Accommodation Comprises: Front door to: Entrance Hall With doors to kitchen/living area and WC.
Open Plan Kitchen/Living Area (5.34 x 5.23 (17'6" x 17'1" )) Fitted wall and base units with worktops over, sink and drainer, four ring electric hob, fitted oven, space for fridge/freezer and washing machine, two radiators, double glaze windows to rear and side, under stairs storage cupboard.
Wc Low level WC, hand wash basin, radiator, double glazed window to front. First Floor Landing With door to bedroom.
Bedroom (4.35 x 3.96 (14'3" x 12'11" )) Double glazed window to rear, radiator, two storage cupboards.
Shower Room (3.19 x 1.19 (10'5" x 3'10" )) Shower cubicle, low level WC, hand wash basin, radiator, extractor fan. Outside One allocated parking space in the residents car park.
Small paved area to the side of the property. Agents Note: There is a monthly service charge payment of £29 for the upkeep and maintenance of the communal areas.
Local Authority Norwich City Council, Tax Band A. Tenure Freehold Utilities Fibre to the property. Mains gas, water and electric.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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 advisers 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.
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FAQ
About 22, Park House Court, Norwich
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