3-bedroom terraced house · NR3 2HB
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**OFFERED WITH NO ONWARD CHAIN** Gilson Bailey are delighted to offer this well-presented three-bedroom mid-terrace home, ideally positioned in the ever-popular NR3 area of Norwich and offered with no onward chain.
Full of character and offering excellent potential, the accommodation comprises a comfortable lounge, a separate dining room, a fitted kitchen and a ground floor bathroom.
Upstairs, there are two well-proportioned bedrooms accessed from the landing, with the third bedroom leading from bedroom two, providing a versatile space ideal as a nursery, home office or dressing room.
Outside, the property benefits from a low-maintenance front garden and a generous bisected rear garden, perfect for enjoying the warmer months.
Further benefits include double glazing and gas central heating.
Conveniently located within easy reach of Norwich city centre, local amenities, schools and excellent transport links, this fantastic home is perfectly suited to first-time buyers and buy-to-let investors alike, and an early viewing is highly recommended.
Location - The popular NR3 area of Norwich provides a good range of local amenities to include schooling, shops, supermarkets, pubs and restaurants.
There are good public transport links to and from the City centre with ease of access to the Norwich Ring Road and NDR.
Accommodation Comprises - Front door to: Lounge - 3.50 x 3.40 (11'5" x 11'1") - Double glazed window, radiator. Dining Room - 2.60 x 3.40 (8'6" x 11'1") - Door to garden, radiator, storage cupboard.
Kitchen - 4.0 x 1.90 (13'1" x 6'2") - Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for washing machine, double glazed window.
Bathroom - Panelled bath with shower over, low level WC, hand wash basin, heated towel rail, frosted double glazed window.
Bedroom One - 3.50 x 3.40 (11'5" x 11'1") - Double glazed window, radiator, storage cupboard. Bedroom Two - 3.50 x 3.50 (11'5" x 11'5") - Double glazed window, radiator.
Bedroom Three - 2.50 x 1.90 (8'2" x 6'2") - Double glazed window, radiator. Garden - Bisected, paved and lawned garden, timber shed, enclosed by timber fencing.
Local Authority - Norwich City Council, Tax Band A. Tenure - Freehold Utilities - Copper wire broadband. 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
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Vicarage Road, Norwich
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