2-bedroom bungalow · IP24 1JR
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
******* Chain Free Property****** This spacious bungalow offers well-proportioned accommodation throughout and presents an excellent opportunity for buyers looking to create a home tailored to their own style and requirements.
Accessed via a side entrance, the property opens into an L-shaped hallway which provides access to the principal rooms.
Positioned at the front of the property is a generous double bedroom enjoying a pleasant outlook, while a second well-sized bedroom offers flexible accommodation for guests, family members or those working from home.
Both bedrooms are served by the family bathroom, fitted with a bath, wash hand basin and WC.
The lounge is a welcoming and comfortable space, featuring an electric fireplace as its focal point and sliding patio doors that flood the room with natural light while providing direct access to the rear garden.
An open archway leads seamlessly into the kitchen breakfast room, which has been thoughtfully extended to create additional dining space, comfortably accommodating a family-sized table and making it ideal for both everyday living and entertaining.
Outside, the rear garden offers a delightful outdoor setting with a raised patio area, perfect for enjoying a morning coffee or al fresco dining during the warmer months.
A few steps lead down to the lawn, which is complemented by a selection of established shrubs and planting, creating a pleasant and private space to relax and enjoy.
Offered to the market with no onward chain, the property would benefit from a programme of modernisation, but provides fantastic potential for a new owner to update and personalise to their own taste.
With its practical layout, generous room sizes and attractive garden, this bungalow represents an exciting opportunity for anyone seeking a home with scope to add value and make their own mark.
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. Thetford blends deep history with a vibrant local spirit.
Once an Iceni stronghold tied to Queen Boudica, it’s famed for Dad’s Army filming spots and bronzes of Thomas Paine and Maharajah Duleep Singh.
Visitors roam Thetford Forest for outdoor adventures, explore the atmospheric priory ruins, or descend into the Neolithic flint mines of Grimes Graves, all within a lively market town setting.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 The Glade, Thetford, Norfolk, IP24
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