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See how verdicts work5-bedroom flat · NR2 3DS
Sold STCListed 251 daysAuction 25 Mar · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY LIVESTREAM ONLINE AUCTION - 10:00AM, WEDNESDAY 25th MARCH 2026 TO REGISTER FOR LEGAL PACK AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE High yielding residential investment producing £31,080 pa.
Five let self contained flats This three storey mid terrace Victorian property is arranged as five self contained flats. Two are one bedroom flats and three are studio flats.
It has a total gross internal area of around 210 sq/m. Currently all are let producing £2,590 pcm (£31,080 pa).
Flat A is let to a long established tenant on an initial six month assured shorthold tenancy dated 17th August 2020 at £625 pcm (£7,500 pa) Flat B is let to a long established tenant on an initial six month assured shorthold tenancy dated 25th July 2019 at £525 pcm (£6,300 pa) Flat C is let on a six month assured shorthold tenancy dated 26th January 2026 at £525 pcm (£6,300 pa) Flat D is let to a long established tenant on an assured shorthold tenancy dated 28th September 2020 at £510 pcm (£6,120 pa) Flat E is let to a very long established tenant on an initial six assured shorthold tenancy dated 3rd August 2001 at £405 pcm (£4,860 pa) This is an ideal opportunity for an investor looking for a high yielding investment.
On instruction of executors.
Flat A (50 sq/m) Second floor: bedroom, living room, kitchen, bathroom Flat B (34 sq/m) First floor: living room / bedroom / kitchen, bathroom Flat C (26 sq/m) First floor: living room / bedroom / kitchen, bathroom Flat D (23 sq/m) Ground floor: living room / bedroom / kitchen, bathroom Flat E (33 sq/m) Ground floor: bedroom, living room, kitchen, bathroom Outside Front and rear garden.
Council Tax Band A Note The photos of the flats were taken before the tenant moved in.
Viewings Viewings by arrangement with each tenant and by appointment only, as follows: To view Flats A, B, E Saturday 14 March Saturday 21 March To view Flats C, D Tuesday 10 March Tuesday 17 March Please note that no further dates are being offered.
To book an appointment please contact the Norwich office. Tenure: Freehold EPC Rating: 82a: E, 82b: C. 82c: D, 82d: E, 82e: 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.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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FAQ
About 82 Mill Hill Road, Norwich, Norfolk NR2 3DS
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