We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · NR14 6PG
Listing removedListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the quiet village of Haddiscoe is this two bedroom semi detached bungalow, sitting on a lovely sized plot and offering potential for refurbishment, a perfect opportunity to create the home of your dreams...
Having been a much loved home of many decades, The Lilacs is now offered to market with no onward chain. Situated along a quiet country lane and sitting on a good sized plot.
You find a generous frontage that offers off road parking and is hedged for extra privacy, not that you need it as this property is not over looked at all!
Once inside you have a spacious sitting room through to kitchen where you have space for a breakfast table too! Then two bedrooms and the family bathroom.
The rear garden is labour of love, well stocked with mature trees and hedges with a patio area for outdoor dining along with a swathe of grass to enjoy.
This is real gardeners paradise and is just waiting to be enjoyed. Offering great potential for a refurbishment and even scope for extensions (stp) if desired.
This really has to be viewed to be appreciated.
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
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FAQ
About The Lilacs,, Rectory Road, Norwich
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