1-bedroom terraced house · NR2 2DW
Listing removedListed 43 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Alexander & Co is delighted to present this unfurnished one bedroom terraced home on the sought after Newmarket Street.
This property is presented well throughout, also offering practical, but low maintenance living.
Upon entering this home, you will find yourself in the spacious lounge, which provides two large storage cupboards. The lounge is carpeted.
The kitchen includes; electric cooker, washing machine and ample cupboard space. The kitchen also has vinyl flooring and provides access to the courtyard.
Access to the first floor is within the lounge, this takes you to the study/office space. The bedroom is large and comprises ample space for a double bed, and further furnishings.
This bedroom also gives you a spacious en suite bathroom, containing a three piece suite which includes hand basin, toilet, and large enclosed shower cubicle, with vinyl flooring.
This property is only a moment away from Norwich City centre and all the amenities the city has to offer.
One bedroom large living area unfurnished close to city centre EPC rating – E Holding deposit - £206 Damage deposit - £1032 Council tax band - A 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
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
FAQ
About 4, Newmarket Street, Norwich
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