2-bedroom house · NR3 4RE
Listing removedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson bailey lettings are pleased to offer this two double bedroom modern house set in a tree lined no through road close to local shops and schools yet within easy reach of the City centre.
The accommodation comprises of an entrance hall, downstairs cloakroom, modern kitchen, large living room with doors to garden, two double bedrooms, main bathroom with shower over the bath, terrace garden, off street private driveway parking, gas central heating, double glazing.
Council Tax Band B. Unfurnished. Entrance Hall: Part glazed front door to entrance hall. Radiator. Downstairs Cloakroom: Suite in white comprising WC and wash basin.
Tiled floor, inset spot light, radiator.
Living Room - 4.30m ( 14'2'') x 4.30m ( 14'2''): Large 'L' shaped living room, glazed patio doors and rear aspect window allow much natural light in providing the room with a bright and welcoming feel.
TV / cable points, radiator. Kitchen - 2.70m ( 8'11'') x 2.20m ( 7'3''): Modern kitchen with ample storage and work surface. Appliances include gas hob, oven and cooker hood.
Space and plumbing for additional appliances. Tiled floor, front aspect window.
Bedroom 1 - 3.50m ( 11'6'') x 3.20m ( 10'6''): Double bedroom, rear aspect windows over looking the garden, built in double wardrobe, TV point, radiator.
Bedroom 2 - 3.20m ( 10'6'') x 2.20m ( 7'3''): Second double bedroom, two front aspect windows, built in wardrobe, radiator.
Bathroom: Modern suite comprising; shower bath with electric shower over, WC and inset wash basin. Extensive tiling, radiator.
Garden: Fully enclosed private rear garden, mainly laid to lawn with patio area and timber shed. Parking: Private off street driveway parking.
Agents Note: The tenants may still be in residence so these details and photos are only an indication of the property and there could be some requirement for remedial work before the start of a new tenancy.
Agents Note: There may be Furniture/furnishings along with white goods in the property when viewing that are not included in the tenancy . Please contact the office for further details.
Agents Note: Due to high demands, there may be multiple viewings at the same time and cannot guarantee a solo viewing at any one time.
Agents Note : Please be advised that the bath is to be updated for the start of a new tenancy.
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
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FAQ
About Romany Road, Norwich Norfolk
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