2-bedroom semi-detached house · NR18 9EG
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Moneyproperties are delighted to bring to market this immaculately presented two double bedroom semi-detached shared ownership property.
Built by Orchard Homes this large two-bedroom home offers over 820sq ft of living space with the opportunity to purchase 75% ownership with a £1 peppercorn rent per year.
The accommodation comprises of an entrance hall and downstairs wc, open plan living room/diner leading to the well-presented living room.
To the upstairs comes two generous double bedrooms and a family bathroom. Outside the property benefits from a spacious and enclosed rear garden, with driveway parking for 3/4 cars.
There is the opportunity to purchase 100% ownership of the property if desirable.
Entrance Hall Kitchen/Diner - 5.26m x 2.62m (17'3" x 8'7") Living Room - 3.86m x 3.15m (12'8" x 10'4") WC - 1.91m x 0.84m (6'3" x 2'9") Bedroom One - 4.34m x 2.9m (14'3" x 9'6") Bedroom Two - 4.34m x 2.9m (14'3" x 9'6") Bathroom - 2.13m x 1.88m (7'0" x 6'2") Rear Garden - 13.72m x 10.06m (45'0" x 33'0") Parking 3/4 Cars 75% shared ownership with saffron - peppercorn rent of £1 a year AGENT’S NOTES - Planning : Details, if any, can be found on the South Norfolk Council Planning website.
Covenants, Rights and Restrictions: Please enquire with the selling agents for any information. Broadband : FTTC - See Ofcom checker and Openreach website for more details.
Mobile phone : See Ofcom checker for coverage details. Flood risk : Very low risk of surface, rivers and seas according to Gov.uk website Services : Mains Electricity, Water.
Air Source Heat Pump, Sewerage Treatment Plant. Local Authority : Norfolk County Council and South Norfolk Council Council Tax Band : C Tenure : Leasehold EPC : B
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
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FAQ
About The Ridings, Spooner Row, NR18
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