1-bedroom bungalow · NR7 8DS
Listing removedListed 99 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Alexander & Co is proud to offer this one bedroom property located north of the city in Sprowston. Only 2.9 miles from the city centre with great public transport.
This well presented one bedroom property is minutes’ walk from all local amenities such as fish and chip shop, public house, and newsagents. Also, within reach of main supermarkets.
Inside the property is a fitted kitchen with ample storage. Provided with the property is a cooker.
The living room of the property is a great size with a large window letting in lots of natural light. The bedroom benefits from a sky light built into the roof of the property.
The En suite bathroom is fitted with shower enclosure. Outside the property you have an allocated parking space. SINGLE OCCUPANCY Electric being on a £1 and £2 meter.
Rent will include £150.00 for heating and water.
SPROWSTON ONE BEDROOM OFF ROAD PARKING INCLUDES WATER & HEATING WHITE GOODS LOCAL AMENITIES SOUGHT AFTER LOCATION Holding deposit - £206 Damage deposit - £1032 Council tax band - A EPC Rating – D Total floor Area – 32 SQ M The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments: A holding deposit (up to 1 week's rent) A tenancy deposit of 5 weeks' rent A payment of up to £50 inc VAT to alter the tenancy agreement, when requested by a tenant, or reasonable costs incurred if higher Interest at a rate of 3% above the Bank of England's base rate, for late payment of rent (which is more than 14 days overdue) A payment of £50 inc VAT for the replacement of a lost key or security device Payments associated with early termination of the tenancy when requested by the tenant Payments to service providers in respect of utilities, communication services, TV licence and council tax Other payments, permitted under appropriate legislation, including damages.
The agent is a member of The Property Redress Scheme, which is a redress scheme, and Client Money Protect, which is a client money protection scheme.
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
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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 The Courtyard, Neville Road, Sprowston, Norfolk
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