3-bedroom bungalow · NR12 8DP
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented three-bedroom detached bungalow situated in the heart of Hoveton, offering versatile accommodation, ample off-road parking, a single garage, and enclosed rear gardens.
The property features a spacious lounge/dining room, a kitchen/breakfast room, three bedrooms and a central hallway providing access to all rooms, making it an ideal home for those seeking single-storey living.
Upon entering the property, you are welcomed into a central hallway which provides access to all principal rooms and benefits from a useful storage cupboard.
The spacious lounge enjoys a window to the front aspect and is open-plan to the dining area, creating an excellent space for both relaxation and entertaining.
The dining area benefits from a dual-aspect outlook, allowing plenty of natural light to flow through the room.
The kitchen/breakfast room is fitted with a range of base and wall-mounted units and offers space for appliances.
There is a window to the side aspect above the sink, an induction hob with electric oven, and a door providing convenient access to the side of the property.
Bedrooms one and two both overlook the rear garden, with bedroom two featuring French doors opening onto the garden, offering flexibility as a bedroom, garden room or additional reception space if desired.
Bedroom three enjoys a window to the side aspect.
Externally, the front garden is predominantly laid to hardstanding, providing ample off-road parking, alongside an area of lawn complemented by a range of mature shrubs and planting.
The enclosed rear garden is mainly laid to lawn and features established shrubs and borders, creating an attractive outdoor space.
A side access pathway leads to the front of the property, whilst a single garage provides additional storage or parking.
Waveney Drive is situated within the highly sought-after Broadland village of Hoveton, often regarded as the gateway to the Norfolk Broads.
The village offers an excellent range of amenities including shops, supermarkets, cafés, restaurants, doctors' surgery and schools.
Nearby Wroxham provides further facilities, whilst the area is renowned for its beautiful riverside walks, boating opportunities and access to the Norfolk Broads National Park.
The city of Norwich is approximately 8 miles away, offering extensive shopping, leisure and transport links, including rail services to London Liverpool Street.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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About Waveney Drive, Norwich
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