2-bedroom terraced house · NR2 3TT
To rentListed 1 day
Opportunity summary
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About
Leaders are pleased to present a unfurnished two-bedroom terraced house to let in Norwich’s NR2 area, featuring a spacious through living room, kitchen/breakfast room, enclosed rear garden and on-street parking, within easy reach of the city centre, local amenities and public transport links.
EPC Rating: C.
Council Tax Band: B The property is offered unfurnished and opens into a generously sized living room running the depth of the house, with neutral décor, fitted carpets and good natural light from front and rear windows.
An open staircase rises from the living area, giving a practical and airy layout.
To the rear is a tiled kitchen/breakfast room with fitted units, integrated oven and hob, and space for a small dining table.
A door leads directly out to the enclosed rear garden, which offers a lawn, planting border, pathway and storage shed – a manageable outdoor space for relaxing or entertaining.
Upstairs are two well-proportioned bedrooms, both carpeted and neutrally finished. The bathroom includes a white threepiece suite with shower over bath. On-street parking is available to the front.
Merton Road is well placed for access to Norwich city centre, around 5–10 minutes by car or approximately a 20–25 minute walk.
The area is convenient for local shops and cafés along Unthank Road and Earlham Road, as well as green space at Earlham Park and Chapelfield Gardens.
Norwich’s independent schools and the University of East Anglia are accessible by bus or bike.
Public transport links are strong: Regular buses run into the city centre, where Norwich railway station offers direct services to London Liverpool Street in about 1 hour 50 minutes, as well as routes to Cambridge and Great Yarmouth.
Room dimensions pending verification. Information regarding broadband options and phone signal can be obtained from the Ofcom broadband and mobile coverage checker.
Rent excludes the tenancy deposit and any other permitted charges. Deposit payable £1269.23. A holding deposit of £253.85 is required to reserve the property based on the advertised rent.
Please contact the branch for further information or visit our website.
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
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FAQ
About Merton Road, Norfolk
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