5 bed property for sale

Stevenson Road, Norwich NR5

Guide Price: £250,000 – £275,000

excellent investment opportunity close to uea – five bedroom student let

An outstanding opportunity to acquire a well-positioned five-bedroom semi-detached student property within walking distance of the University of East Anglia, offering strong rental demand and excellent income potential.

The property is currently arranged to provide five lettable bedrooms, a well-presented kitchen and communal lounge, . Externally, there are low-maintenance front and back garden.

For investors, the property offers the potential to achieve circa £2,500 pcm (£30,000 per annum) once fully let.

Based on the guide price, this equates to an approximate gross yield of 10.9% – 12.0%, making it a strong addition to any HMO or student portfolio.

Further benefits include double glazing, gas central heating, and no onward chain, allowing for a smooth and efficient purchase.

Location
Situated on Langton Close, the property is ideally located for students with easy access to the University of East Anglia and Norfolk & Norwich University Hospital, as well as regular transport links into Norwich city centre. The area is well-served by local amenities including shops, supermarkets, pubs, and restaurants, while also offering convenient access to the A47, A11, and Longwater Retail Park.