2-bedroom house · NR1 2BU
Listing removedListed 114 days
Opportunity summary
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About
**bigger then avarage city centre terraced, offered with no onward chain** Situated within easy walking distance of the train station, this charming two-bedroom, two-bathroom home offers well-proportioned accommodation arranged over three floors, making it an ideal purchase for first-time buyers, commuters, or investors alike.
The property features a welcoming lounge, separate dining room, fitted kitchen, and ground-floor bathroom, while the first floor offers two good-sized bedrooms, including a principal bedroom served by a well-appointed en-suite bathroom.
A versatile loft room provides additional space that could be utilised as a home office, hobby room, or occasional guest accommodation.
Outside, the property benefits from both front and rear gardens, providing space to relax and entertain.
Combining character features, including decorative fireplaces, with practical modern living, this delightful home is sure to attract strong interest.
Location Accommodation Comprises: Entrance Porch: Entrance porch with door leading into the lounge.
Lounge: (3.72 x 3.18 (12'2" x 10'5" )) Bright reception room featuring a radiator and double-glazed window to the front aspect.
Dining Room: (3.25 x 3.72 (10'7" x 12'2" )) Spacious dining room with radiator, access to the lean-to, and doorway leading through to the kitchen.
Kitchen: (3.66 x 2.06) Fitted kitchen offering a range of wall and base units with space for appliances.
Bathroom: Comprising a shower cubicle, low-level WC, wash hand basin, and double-glazed window to the rear aspect.
Bedroom One: (3.71 x 3.30 (12'2" x 10'9")) Generous double bedroom with radiator, double-glazed window to the rear aspect, and attractive decorative fireplace.
Bedroom Two: (3.73 x 2.33 (12'2" x 7'7" )) Well-proportioned bedroom featuring a radiator, double-glazed window to the front aspect, and decorative fireplace.
En-Suite: Fitted with a panelled bath with shower over, wash hand basin, low-level WC, and double-glazed window to the rear aspect.
Loft Room: (3.43 x 3.69 (11'3" x 12'1" )) Versatile loft room offering a variety of potential uses, with two Velux windows and stairs rising from the landing.
Outside Front: Small garden enclosed by walling with path to front door. Outside Rear: Enclosed rear garden, ideal for outdoor seating and entertaining.
Tenure Freehold Local Authority: Norwich City Council - Tax Band A Utilities: Ultrafast full fibre broadband available. Mains water and electric.
Disclaimer: To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
Value & comps
No previous sales on record.
Returns
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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 248, King Street, Norwich
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