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See how verdicts work6-bedroom detached house · NR5 0SZ
Sold STCListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** MUST SEE LARGE DETACHED HOUSE OFFERING INCREDIBLE VERSITILE LIVING WITH A DETACHED ANNEXE OFFERING MULTIPLE USES** Gilson Bailey are delighted to offer this SPACIOUS, UNIQUE, SIX BEDROOM, THREE STOREY, DETACHED HOUSE situated to the west of Norwich within close proximity to the City Centre, university and hospital.
Accommodation comprising entrance hall, lounge, family room, kitchen/diner, utility room, conservatory, bedroom/office and WC to the ground floor.
On the first floor there are four bedrooms and a bathroom off landing with two bedrooms having en-suites. To the second floor there is another bedroom and en-suite WC.
Outside there is a front driveway providing ample off road parking and a large rear garden ideal for entertaining with its own DETACHED ANNEXE with a living space, kitchen, bedroom and shower room making it an ideal Airbnb rental.
The house benefits from double glazing, gas heating and is in excellent condition throughout.
The property would make a great family home or buy-to-let investment so be quick to book a viewing to appreciate the size on offer.
Location - Costessey can be found to the west of Norwich with a selection of amenities including good primary and secondary schooling, selection of shops, popular local pubs and restaurants, also good access to the University of East Anglia, University Hospital, A47 Southern Bypass and good public transport links in and out of the city centre.
Accommodation Comprises - Front door to: Entrance Hall - Doors to lounge, family room, kitchen/diner and stairs to first floor.
Lounge - 4.90 x 3.60 (16'0" x 11'9") - Double glazed window, radiator, wood burner. Family Room - 5.85 x 3.60 (19'2" x 11'9") - Sliding patio doors, radiator, wood burner.
Kitchen/Diner - 7.80 x 5.65 (25'7" x 18'6") - Fitted wall and base units worktops over, sink and drainer, gas hob, fitted oven, integrated dishwasher, space for fridge/freezer, radiator, double glazed window.
Utility Room - 3.35 x 2.43 (10'11" x 7'11") - Fitted wall and base units with worktops over, sink and drainer, space for washing machine, double glazed window.
Conservatory - 6.30 x 3.60 (20'8" x 11'9") - Two radiators, patio doors to garden. Bedroom/Office - 3.50 x 3.00 (11'5" x 9'10") - Double glazed window, radiator. Wc - Low level WC, hand wash basin.
First Floor Landing - Doors to four bedrooms, bathroom and stairs to second floor. Bedroom One - 5.95 x 3.60 (19'6" x 11'9") - Double glazed window, radiator, built in wardrobes.
En-Suite - Shower cubicle, low level WC, hand wash basin. Bedroom Two - 4.85 x 3.00 (15'10" x 9'10") - Double glazed window, radiator, built in wardrobes. En-Suite - Low level WC, hand wash basin.
Bedroom Three - 3.60 x 3.40 (11'9" x 11'1") - Double glazed window, radiator. Bedroom Four - 3.60 x 3.00 (11'9" x 9'10") - Double glazed window, radiator.
Bathroom - 4.40 x 2.50 (14'5" x 8'2") - Rolltop bath, shower cubicle, low level WC, hand wash basin, radiator, frosted double glazed window.
Second Floor Landing - Door to: Bedroom Five - 7.30 x 6.00 (23'11" x 19'8") - Velux window, radiator, eaves storage. En-Suite - Low level WC, hand wash basin.
Outside Front - Large driveway providing ample off road parking.
Outside Rear - Patio seating area leading to large lawned garden, mature plants, shrubs and trees, storage sheds, enclosed by fencing with side gate access.
Annxe Lounge - 5.40 x 3.00 (17'8" x 9'10") - Double glazed window, wood burner.
Annexe Kitchen - 4.40 x 2.19 (14'5" x 7'2") - Fitted wall and base units with worktops over, sink and drainer, fitted hob and oven, space for fridge and washing machine, two double glazed windows.
Annexe Dining Room - 4.40 x 3.21 (14'5" x 10'6") - Doors to lounge, kitchen and shower room. Annexe Bedroom - 3.20 x 2.80 (10'5" x 9'2") - Double glazed window.
Annexe En-Suite - Panelled bath, low level WC, hand wash basin, frosted double glazed window. Annexe Shower Room - Shower cubicle, low level WC. Local Authority - Norwich City Council, Tax Band E.
Tenure - Freehold Utilities - Ultrafast full fibre broadband available. Mains water and electric.
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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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
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