3-bedroom terraced house · NR2 3TQ
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Now letting for the 2025/26 academic year this three bed student property closely situated near the city centre.
Dereham Road is situated close to Norwich City Centre and provides one of the most direct routes into the City. The location also offers nearby shops and regular bus routes through to UEA Campus.
This property offers kitchen, lounge, bathroom and three bedrooms.
The kitchen is fully fitted with; fridge-freezer, oven with gas hob, washing machine and offers plenty of cupboard storage and countertop workspace.
One of the bedrooms is situated downstairs in the property with the remaining two being upstairs with one benefitting from and additional study room.
The property also offers a small rear garden with a shed for bike storage.
Dereham Road - Three Bed Property Key Features Three double bedrooms Additional study room Small rear garden Gas central heating Double glazing throughout Energy Performance Certificate Council Tax Band B
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Dereham Road, Norwich NR2 3TQ
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