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 work4-bedroom house
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular Norfolk village of Rackheath and with easy access to Norwich, A47 & Norfolk Broads, this 1862 square feet chalet style bungalow would make an ideal family home!
The property offers accommodation comprising entrance hall, lounge, conservatory, kitchen, study/bedroom five, a double bedroom with en suite, second double bedroom with family bathroom and rear porch on the ground floor.
On the first floor, you will find a double bedroom with en suite, another double bedroom and landing area with storage cupboard.
Externally, the property boasts a garage, brick weave driveway, solar panels and EV charger. At the rear of the property, you will find a mature garden with array of shrubs, bushes and lawned areas.
Furthermore, the property comes connected to gas central heating with air conditioning units in 5 rooms, mains water and drainage.
Rackheath is a charming village located just a few miles northeast of Norwich, offering a peaceful yet well-connected lifestyle.
The village has a friendly, community-focused feel, with local shops, a primary school, and convenient amenities close by.
Surrounded by open countryside, Rackheath is perfect for those who enjoy outdoor walks, cycling, and a more rural pace of life, while still being within easy reach of the city for work, shopping, and leisure.
Its mix of village charm and accessibility makes it a popular choice for families and professionals alike.
Entrance Hall Spacious hallway with entrance door, vertical radiator, stairs to first floor and carpeted flooring Lounge French doors into Conservatory, air conditioning unit and carpeted flooring Kitchen Fitted kitchen with range of wall and base units with work surfaces over, eye level oven, electric hob with cooker hood above, skylights, plumbing for washing machine, integrated dishwasher, bin store, space for fridge freezer and tiled flooring Conservatory Brick base conservatory with uPVC windows and doors with tiled flooring Rear Porch Door into Garden and door into Conservatory with tiled flooring Study/Bedroom Five Window to side aspect, air conditioning unit and carpeted flooring Family Bathroom Suite comprising bath, WC, wash hand basin, storage cupboard housing water softener, part tiled walls, extractor fan, heated towel rail, window to side aspect and tiled flooring Bedroom Window to front aspect, air conditioning unit and wooden flooring.
Door into: En Suite Shower Room Suite comprising shower cubicle, WC, wash hand basin, extractor fan, part tiled walls, heated towel rail, window to side and vinyl flooring Bedroom Window to front aspect, air conditioning unit and laminated flooring First Floor Landing Large storage cupboard, carpeted flooring and doors into bedrooms Bedroom Skylight windows to front and side aspects, electric heater, eaves storage, carpeted flooring and door into: En Suite Shower Room Suite comprising shower cubicle with electric shower, WC, wash hand basin, bidet, skylight and airing cupboard housing water tank Bedroom Window to rear aspect and skylight, air conditioning unit and carpeted flooring Exterior At the front of the property is a brick weave driveway offering parking for several vehicles leading to a garage with up and over door, power and lighting.
There is an EV charger fitted at the front of the property.
At the rear, you will find a mature garden mainly laid to lawn with mature bushes, shrubs, fruit trees, garden shed, green house and patio seating area Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Gilson Bailey cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
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