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See how verdicts work3-bedroom bungalow · NR5 0HZ
Listing removedListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Iconic Estate Agents are delighted to present this attractive detached chalet bungalow, occupying a generous plot in the sought-after area of New Costessey.
Offering flexible and well-proportioned accommodation throughout, this superb home is complemented by an exceptional rear garden extending to over 140ft (stms), beautifully landscaped with an abundance of mature planting, alongside a substantial frontage with ample parking and a detached double garage.
The accommodation begins with a spacious entrance hall, with stairs rising to the first floor and doors leading to the principal rooms.
Positioned at the rear of the property, the impressive sitting room measures approximately 16' x 16' and enjoys a bright and airy feel, with sliding patio doors opening into the conservatory.
The conservatory provides a wonderful additional reception space, flooded with natural light and enjoying uninterrupted views across the magnificent rear garden.
Sliding doors lead directly onto the patio, while a further door provides access to the kitchen, creating an ideal layout for both everyday living and entertaining.
The kitchen/dining room is a fantastic social space, fitted with a range of attractive wall and base units complemented by fitted worktops, a stainless-steel sink and drainer, concealed extractor hood and ample space for appliances.
The dining area comfortably accommodates a family-sized table and benefits from additional fitted units, inset spotlights, ceramic tiled flooring and patio doors opening onto the rear garden.
The principal bedroom is conveniently located on the ground floor and features a walk-in wardrobe together with a modern en-suite shower room comprising a shower cubicle, vanity wash basin and WC.
A second double bedroom is also found on the ground floor, along with the family bathroom, which is fitted with a three-piece suite.
To the first floor, the landing opens into a versatile space that would make an ideal home office, reading area or study.
This leads through to the third bedroom, which benefits from a Velux window to the front aspect.
To the front of the property, a generous paved driveway provides ample off-road parking and is bordered by attractive brick retaining walls with mature planting, creating an impressive first impression.
The detached double garage benefits from power, lighting, overhead storage and twin up-and-over doors. The rear garden is undoubtedly one of the property's most impressive features.
Extending to over 140ft (stms), this beautifully established garden has been lovingly maintained over many years and offers an exceptional level of privacy.
A sweeping lawn is framed by an extensive collection of mature trees, ornamental shrubs, colourful flower beds and carefully shaped borders, creating a picturesque setting throughout the seasons.
The garden offers a number of peaceful seating areas, including a charming pergola draped with climbing plants, making it the perfect place to relax or entertain whilst enjoying the peaceful surroundings.
Completing the outside space is a substantial brick-built outbuilding, offering excellent potential for use as a home office, gym, workshop or hobby room, subject to any necessary consents.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 101, Grove Avenue, Norwich
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