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See how verdicts work3-bedroom detached house · NR9 3SE
Sold STCListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This brand new detached house in Hethersett, Norfolk is the perfect opportunity for those looking to step onto the property ladder through shared ownership.
Located in the Heather Gardens Development, this property offers three bedrooms, perfect for a small family or those looking for extra space.
The house features a modern kitchen, ideal for preparing meals for family and friends. There is also a downstairs W/C for added convenience.
The property also benefits from off-road parking for two cars, ensuring you have a space to park your vehicles securely.
This shared ownership property offers flexibility with shares available from 10% up to 75%, allowing you to tailor your investment to your financial situation.
The price is based on a 40% share, making it an affordable option for many buyers. Hethersett, Norfolk is a charming village with plenty to offer its residents.
From exploring the local countryside with scenic walks and bike rides, to enjoying the local amenities such as shops, pubs, and restaurants, you will never be short of things to do.
The village also boasts good schools, making it an attractive option for families.
With easy access to Norwich city centre, you can enjoy the benefits of city living while still residing in a peaceful and picturesque village setting.
Don't miss out on this fantastic opportunity to own a brand new detached house in Hethersett through shared ownership.
Contact the agent today to arrange a viewing and take the first step towards owning your own home in this desirable location.
AGENT NOTES: 40% ownership- £136,000.00 60% rent- £467.50 full market value- £340,000.00 service charge- £50.22
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 Spearwort Avenue, Hethersett, NR9 3SW
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