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Plumstead Road, Norwich, Norfolk, NR1 - Image 1
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Plumstead Road, Norwich, Norfolk, NR1

East of England

£375,000

Listed on 14/08/2026

The listing

Property details

Bedrooms
6
Type
Terraced

Features

  • Garage
  • Garden

Description

This 6-bedroom HMO presents a compelling investment opportunity, fully let with a robust monthly rental income of £3,160, totaling approximately £37,920 annually. Currently housing working professionals at full occupancy, the property ensures immediate cash flow from the outset. It holds a valid HMO license until 2029, offering peace of mind in terms of compliance and operational integrity.

The layout encompasses six generous double bedrooms, making it a sought-after option in the local rental market. Beyond its current performance, there is significant potential to enhance returns; the expansive loft area could be converted into two additional bedrooms with the appropriate permissions. Additionally, the rear garden offers prospects for expansion that would further increase both rental value and overall capital appreciation.

External features include two garages that provide convenient storage options and flexibility for future developments, subject to necessary approvals. This property not only delivers steady income but also has considerable scope for growth through strategic renovations and enhancements.

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Location

Plumstead Road, Norwich, Norfolk, NR1
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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