Monthly profit +£271/mo from completion — the no.1 reason to invest
20.14% return before costs — above-market
Priced below market -50% vs 12 nearby sold (last 12 mo) — instant equity
11.9% 5y IRR — strong total return on capital
Why to be cautious
No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.
EPC band not stated — verify the certificate before offering (2030 MEES minimum is band C).
Property research tool — not a regulated financial service. Numbers are point-in-time estimates; how we decide →
Monthly cashflow
+£271/mo
Pays you every month, net of costs
Price vs market
Below market value
-50% vs 12 sold · interior unseen
Return · IRR
11.9%/yr
Solid annualised return
Cash left in
£0
Fully recycled — pull all your cash back out
Price £75KCash to buy £28KReturn before costson price20.14%5-yr return on cash 74%Rent est. £1,259 (£1,200–£1,321)
How we define each return:On price — gross yield = annual rent ÷ purchase price.On cost — net yield ÷ total project cost (price + refurb + fees).On cash — cash-on-cash & ROI ÷ the actual cash you put in (deposit + costs).
Listing seen …
What-if calculator
Edit any input — outputs recalc liveRates as of 20 May 2026
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer (£)
Monthly rent (£)
Local comp range: £1,200–£1,321/mo · n=186
Financing
DepositYour cash in — the rest is the mortgage25% · £18,750
5%100% (cash buy)
Standard 75% LTV for BTL
Mortgage rate5y fixed5.8%
3.0%9.0%
5-year fixed at 75% LTV — 5.75% (as of 2026-05-20).
Mortgage term (years)
Stress rate6.5%
5.0%9.0%
BoE base + 2pp stress (6.5%)
Acquisition costs
Refurb (£)
Per-property refurb estimate from the element rate-card model (£1,013–£1,890 range), VAT-inclusive
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £56,250 loan + £1,000 booking fee
We don't ingest the NHLE bulk register, so we can't flag listed-building or conservation-area status for this address from our data alone. Use the official registry to verify before exchanging.
+£157/mo cash flow vs Rent it out if converted to Rent by the room
38.40% Return before costs on price converted vs 20.14% as-is
As-is Rent it out
Monthly profit+£426
Return before costson price20.14%
Cash needed£30,648
If converted to Rent by the room
Monthly profit+£583
Return before costson price38.40%
Cash needed£46,648
Δ vs Rent it outMonthly profit+£157
Show conversion detail
Cannot Rent by the room:Only 2 bed — too small for an HMO (3+ unrelated tenants from 2+ households) without major reconfiguration.
Conversion cost estimate
£44,000
Range: £38,000 – £52,000
Fire safety, plumbing, partitioning, licensing.
Rates as of Apr 2026
£23,900–£45,000full refurb + room split
⚠️ Capped at 60% of £75,000 asking (£45,000). Raw model: £42,690–£80,380. Verify with a surveyor before offering.
What's in this cost
Kitchen£4,837–£9,674
1 × bathroom£3,191–£5,850
Rewire£1,814–£3,174
Replumb£1,360–£2,721
Windows£4,535–£8,162
Paint + decor£3,174–£5,895
Flooring£4,988–£9,523
Comparables
sold within 0.5 mi
Wide · CV 37.0%Med confidence
Loading nearby sold…
Location & area intelligence
Transport 100 / 100
Loading map…
Transport score100 / 100
On the map
Registered HMOs
Approved HMO conversions
Pending HMO applications
Schools & catchment1 school nearby
Nearby schoolsOfsted-rated, nearest first1 of 5
Charles Darwin Primary School
Primary · Free schools · NR1 1DJ
Not rated
Ofsted · postcode-area match. Catchment areas vary year to year — verify with the local council before relying for school admissions.
Tax treatment
£3,137/yr kept
Annual gross rent£15,108
Section 24 credit£0
Annual tax due£872
Post-tax Monthly profitannual£3,137
Exit costs
£20,654 after CGT
Projected sale price (5y · 2%/yr growth)£82,806
Capital gain (pre-CGT)£7,806
Sale costs (~2.5%)£2,070
CGT due (Ltd Co 25%)£0
No personal CGT — the gain is taxed at the company level (corporation tax) when the SPV disposes of the property.
Net 5y Monthly profitafter CGT£20,654
Rates as of Oct 2024
Acquisition costs
£27,975cash needed
Purchase price£75,000
Deposit (25%)£18,750
Stamp duty+5% additional-property surcharge£3,750
Refurb£1,350
Legal + survey£2,000
Mortgage fees£2,125
Total cash neededdeposit + costs (loan covers the rest)£27,975
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
About this propertydescription · rightmove
Description& agent copyRightmove
abbotFox presents this well positioned two bedroom apartment within Norwich City Centre, which can be offered as an ideal buy to let investment with tenants in situ.
The property provides well balanced accommodation throughout, comprising an entrance hall, a bright and spacious living area, and a practical fitted kitchen arranged to maximise available space. Two generously sized bedrooms offer comfortable accommodation, supported by a well appointed bathroom.
Priced below market -50% vs 12 nearby sold (last 12 mo)
Monthly profit+£271/mo at 25% deposit @ 5.5%
Stress Rent-covers-mortgage check PASS at 6.5% rate stress
20.14% Return before costs — above-market
Price
£75K
50% below sold comps
Return before costs
20.14%
est rent £1,259/monot enough comparablesRange £1,200–£1,321/mo (Q1–Q3)
Bedrooms
2
1 bath
Energy rating
—
Energy rating
Run the numbers
Each tab prefills
What-if calculator
Edit any input — outputs recalc liveRates as of 20 May 2026
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer (£)
Monthly rent (£)
Local comp range: £1,200–£1,321/mo · n=186
Financing
DepositYour cash in — the rest is the mortgage25% · £18,750
5%100% (cash buy)
Standard 75% LTV for BTL
Mortgage rate5y fixed5.8%
3.0%9.0%
5-year fixed at 75% LTV — 5.75% (as of 2026-05-20).
Mortgage term (years)
Stress rate6.5%
5.0%9.0%
BoE base + 2pp stress (6.5%)
Acquisition costs
Refurb (£)
Per-property refurb estimate from the element rate-card model (£1,013–£1,890 range), VAT-inclusive
Legal + survey (£)
Leasehold flat — £1,500 legal + £500 survey
Mortgage fees (£)
2% product fee on £56,250 loan + £1,000 booking fee
Short-let (SA) context325 active short-lets nearby
Short-let market context
Local nightly-rate and occupancy benchmarks for this postcode.
325 active short-let listings in this postcode
Housing-benefit (LHA) scheme detailBRMA Central Norfolk & Norwich · cap £693/mo
Housing-benefit rent scheme detail
Per-BRMA Local Housing Allowance + per-LA council leasing scheme.
Rental Market Area (BRMA):
Central Norfolk & Norwich
LHA monthly cap:
£693
Scheme type:
PSL
Premium:
+0% premium over LHA cap
Typical lease:
0 years lease
Management:
management covered by council
Year-by-year Monthly profit (5-yr horizon)
Net Monthly profit after tax. Rent + costs compound at their growth rates; mortgage principal amortises year-by-year for repayment loans.
Mortgage paydownRent profitbefore price growth
Full year-by-year breakdown
Year
Gross Rent
Op Costs
Mortgage
Equity Built
Tax
Net
Cumulative
Year 1
£15,108
£6,862
£3,656
£0
£872
£3,718
£3,718
Year 2
£15,561
£7,068
£3,656
£0
£919
£3,918
£7,636
Year 3
£16,028
£7,280
£3,656
£0
£968
£4,124
£11,761
Year 4
£16,509
£7,498
£3,656
£0
£1,017
£4,338
£16,098
Year 5
£17,004
£7,723
£3,656
£0
£1,069
£4,556
£20,654
Rent by the roomupside
Tap to expand
Rent by the room conversion upside—▾
Required
Rooms (3+)2 bd
If converted
Gross Rent by the room yield—
What we verified
14 total
4307
Legal & planning4▾
Article 4HMO restriction lookupUnknown
Rent by the room licensingMandatory if 5+ unrelatedN/A
TenureTenure typeLeasehold
HeritageListed building / conservation areaNot stated on the listing
Building condition4▾
EPCPostcode estimate — check the registerNot stated on the listing
EWS1External wall safety (cladding)Not stated on the listing
Refurb costBased on beds + baths + sqftEstimate available
Service chargeReduces net yield£1,932/yr
Area3▾
Crimepolice.uk · monthlyChecking…
SchoolsGIAS · OfstedChecking…
FloodEA Flood Map · England onlyChecking…
Investor profile3▾
Tenant profileBeds + postcode heuristicFamily let
Rent by the room feasibilityMin 3 beds for C4 routeBelow threshold
TenantMonthly profit from day oneIn situ
Comparables
sold within 0.5 mi
Wide · CV 37.0%Med confidence
Loading nearby sold…
Location & transport
Score 100/100
Loading map…
PropertySchoolsUniversitiesStationsArticle 4
Transport detail not loaded for this property.
Tax & exit
Ltd Co
Tax bandLtd Co 25%
Mortgage-interest tax rule credit£731
Annual rental tax£762
CGT yr 5£0 · company level
5y net total£20,654
Acquisition costs
£28K
25% deposit£18,750
Stamp duty£3,750
Refurb£1,350
Legal + survey£2,000
Mortgage + broker£2,125
Cash needed£27,975
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
Make an offer
Pro analysis — outcome range, stress tests & portfolio impact
Your notes
Auto-saves
Description& agent copyRightmove
abbotFox presents this well positioned two bedroom apartment within Norwich City Centre, which can be offered as an ideal buy to let investment with tenants in situ.
The property provides well balanced accommodation throughout, comprising an entrance hall, a bright and spacious living area, and a practical fitted kitchen arranged to maximise available space. Two generously sized bedrooms offer comfortable accommodation, supported by a well appointed bathroom.