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See how verdicts workProperty · NR1 2PF
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gilson Bailey are pleased to offer this single lock up garage with an up and over door in a popular residential area in the heart of NR1. The garage is Ideal for extra storage or investment.
For further details please call the office on !
Patricia Road is Located within close proximity of the city centre as well as many local amenities including shops, pubs, schooling for all ages, ease of access to Norwich ring road, A47, Norwich train station and regular public transport links.
Leasehold - Term -125 years from 1977. Ground Rent: £10 per annum Service Charge: £60 per annum
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 Patricia Road, Norwich
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