3-bedroom bungalow · NR29 3AD
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom, detached bungalow in central Ormesby location within good sized plot, benefits from ample parking and a garage to the front and is available Immediately.
ENTRANCE HALLWAY double glazed entrance door; carpet; radiator. Doors to all rooms. LOUNGE 11' 9" x 11' 1" (3.6m x 3.4 max) carpet; radiator; double glazed window to front with fitted shutter blinds.
KITCHEN 14' 1" x 9' 10" (4.3m x 3.0m) vinyl flooring; range of beech wall and base units with built-in electric oven; four ring ceramic hob and extractor hood over; feature chimney breast (closed off) with storage cupboard/ pantry to one side and recess for fridge freezer the other; walk-in utility cupboard with plumbing for washing machine; double glazed window to side aspect; door to rear Lobby with double glazed door to rear garden.
BEDROOM ONE 11' 9" x 11' 1" (3.6m x 3.4m) carpet; radiator; double glazed window to front with fitted shutter blinds.
BEDROOM TWO 10' 9" x 10' 9" (3.3m x 3.3m) carpet; radiator; double glazed window to side. BEDROOM THREE 9' 6" x 7' 10" (2.9m x 2.4m) carpet; radiator; double glazed window to side.
SHOWER ROOM vinyl flooring; white suite comprising of low level wc; hand wash basin; shower cubicle with sliding door and mains connected shower; double glazed window to rear; wall mounted towel warmer/radiator.
OUTSIDE To the front is good sized garden with seating area screened from the road by Conifer hedging.
There is a shingled driveway for several vehicles, single garage with electric door, side gate to rear and side garden areas, oil tank, side privacy door into the garage, outside store housing the oil boiler and further additional outbuilding.
COUNCIL TAX The property is currently listed as Band C. VIEWINGS Strictly by appointment with the letting agents, BYCROFT LETTINGS, tel: .
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Cromer Road, Ormesby
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