Summary - 205 THE AVENUES NORWICH NR4 7DN
5 bed 1 bath Semi-Detached
Proven five-bed multi-let near UEA and hospital — strong gross rent history, off-street parking..
Guide Price £300,000–£325,000
Set within easy reach of the University of East Anglia and Norfolk & Norwich University Hospital, this five-bedroom semi-detached house is presented as a proven multi-let investment with strong rental history (previously achieving £2,795 pcm gross). The freehold property offers a kitchen/breakfast room, five lettable bedrooms, a separate shower room plus cloakroom, gas central heating and double glazing. A large shingle driveway provides generous off-street parking and a private enclosed rear garden offers good privacy and outdoor space.
The property measures about 936 sq ft overall and sits in a predominantly private-renting, cosmopolitan student neighbourhood — a location that supports multi-let demand but can bring higher tenant turnover and management responsibilities. The listing notes the property as well maintained; images and description also indicate the house may benefit from some updating to maximise rental yields and appeal to longer-term tenants.
Financial highlights are straightforward: freehold tenure, low council tax banding described as cheap, no flood risk, and a Guide Price of £300,000–£325,000. Buyers looking for an income-producing asset will appreciate the recent gross rent figure and the property’s proximity to major local employers and transport links. Consider ongoing management, refurbishment costs to modernise certain areas, and the typical requirements of a student/short-term rental market when assessing net returns.
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