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 work4-bedroom terraced house · NR2 2DY
Sold STCListed 197 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD PRIOR TO AUCTION A vacant hall entrance end terrace house in a highly sought after position This bay fronted hall entrance terrace house was previously tenanted for many years but is now vacant and available for investor or owner occupation.
The property has a bay fronted lounge, dining room, breakfast room, kitchen and bathroom on the ground floor with three/four bedrooms off landing on the first floor.
The gas boiler was replaced in November 2024. The house is located just off Unthank Road with its useful array of shops, restaurants and other community facilities.
The house is also well placed for access to the University and Hospital. Ground Floor Hall, lounge, dining room, breakfast room, kitchen, rear lobby, bathroom.
First Floor Landing, three bedrooms (third bedroom divided into two areas providing potential space for a first floor bathroom or fourth bedroom).
Outside Small front garden, non-bisected courtyard style rear garden. Council Tax Band C Viewing Viewings are being held by appointment only. To arrange a viewing, please contact the Norwich Office.
Tenure: Freehold EPC Rating: E Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About 103 Gloucester Street, Norwich, Norfolk NR2 2DY
Explore nearby
