2-bedroom bungalow · NR21 7QS
For saleReduced £30k (−15%) on 23 SepListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a peaceful development of bungalows just a short 10 minute drive from the popular market town of Fakenham, this delightful home offers a perfect blend of comfort, space, and convenience.
The property is presented in good condition throughout and benefits from off road parking, along with mature front and rear gardens ideal for outdoor dining, relaxation, and enjoying the tranquil surroundings.
At the heart of the home lies a spacious open-plan sitting and dining room, providing a welcoming environment for entertaining guests or spending quality time with family.
Large windows allow natural light to flood the space, creating a bright and airy atmosphere. This property is offered with no onward chain, so view now to avoid disappointment.
Wicken Green is a long established development of bungalows built in 1957. It is close to the village of Syderstone.
The famous North Norfolk coast is just ten miles away, and the market town of Fakenham is just seven miles away.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
Area
Agent & docs
FAQ
About 8, Penny Croft, Norfolk
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