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See how verdicts work4-bedroom detached house · NR4 7RX
For saleReduced £40k (−9.1%) on 25 OctListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached chalet offers lots of potential and enjoys a lovely tucked away cul de sac position in the ever-popular Cringleford village.
Close to excellent local amenities and nearby Eaton located the other side of the River Yare, which combines to provide schooling and a supermarket.
There is excellent access to the city centre, UEA, Hospital, A11 and A47, including good local bus services into Norwich.
Requiring some improvement and offers scope to extend (STPP) or reworking of the existing accommodation, currently arranged with 3 bedrooms and bathroom on the 1st floor.
An L shaped lounge, kitchen, dining room/bedroom 4 and cloakroom on the ground floor. Benefits include gas central heating, double glazing, driveway, carport, garage, front and enclosed rear garden.
Viewing is recommended. ENTRANCE PORCH Approached via a double-glazed front door. Quarry tiled floor, double glazed windows to front and side. Glazed panel door to HALL Radiator. Built-in cupboards.
Stairway to first floor. LOUNGE/DINING ROOM L shaped room. Fireplace with surround and hearth inset gas fire, 3 radiators, double glazed windows to front and side.
Double glazed patio door to rear garden.
Door to KITCHEN Fitted comprising single drainer sink unit with mixer tap inset to fitted roll edged work surfaces with base and eye level units, radiator, plumbing for automatic washing machine, built-in electric hob, separate electric oven, double glazed window to rear.
Built-in pantry cupboard. Glazed panel doors to hall and carport. DINING/BEDROOM 4 Radiator, double glazed window to front.
CLOAKROOM White suite comprising wash hand basin, WC, radiator, double glazed window to side. STAIRWAY TO FIRST FLOOR LANDING Radiator, loft access.
Built-in deep airing cupboard with hot water tank and gas boiler. Doors to bedrooms 1, 2, 3 and bathroom. BEDROOM 1 Radiator, double glazed window to rear. Built-in wardrobe. Built-in cupboards.
BEDROOM 2 Radiator, double glazed window to front. Built-in wardrobe. BEDROOM 3 Radiator, double glazed window to rear. Built-in wardrobe.
BATHROOM White suite comprising bath with shower attachment plus screen, pedestal wash hand basin, WC, radiator, tiled walls, double glazed window to rear.
OUTSIDE Attractive front garden, with flower and shrub beds. Driveway to side leading onto a Carport and adjacent Garage (with up-and-over door and personnel door).
Enclosed rear garden, laid to lawn, flower and shrub beds. AGENTS NOTE There is currently an insurance claim underway to resolve cracking in the side wall of the garage.
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 Harmer Crescent Off Colney Lane Cringleford NR4 7RX
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