3-bedroom bungalow · NR5 0AP
Listing removedReduced £10k (−2.8%) on 23 SepListed 43 days
Opportunity summary
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About
**detached bungalow with A large private rear garden** Gilson Bailey are delighted to offer this impressive and extended, three bedroom detached bungalow, occupying a generous plot within the sought-after suburb of Costessey.
Offering spacious and versatile accommodation ideally suited to a range of buyers, the property comprises a welcoming entrance hall, generously sized lounge/diner providing an excellent space for relaxing and entertaining, fitted kitchen, bright garden room, three well-proportioned bedrooms and a shower room.
Outside, the bungalow continues to impress with a large driveway providing ample off-road parking and leading to a garage, while to the rear is a beautiful and substantial garden, offering plenty of space for outdoor dining, entertaining, gardening or simply relaxing during the warmer months.
Further benefits include double glazing and gas heating.
Combining extended accommodation, excellent presentation, plentiful parking and an impressive plot in a popular Costessey location, this attractive bungalow would make a fantastic family home, so be quick to book a viewing.
Location Costessey can be found to the west of Norwich with a selection of amenities including good primary and secondary schooling, selection of shops, popular local pubs and restaurants, also good access to the University of East Anglia, University Hospital, A47 Southern Bypass and good public transport links in and out of the city centre.
Accommodation Comprises Front door to: Entrance Hall Doors to lounge/diner, kitchen, three bedrooms and shower room.
Lounge/Diner (6.65 x 3.62 (21'9" x 11'10")) Kitchen (3.63 x 3.24 (11'10" x 10'7")) Garden Room (4.25 x 2.45 (13'11" x 8'0")) Bedroom One (3.65 x 3.63 (11'11" x 11'10")) Bedroom Two (3.63 x 2.73 (11'10" x 8'11")) Bedroom Three (3.81 x 2.73 (12'5" x 8'11")) Shower Room (2.25 x 2.22 (7'4" x 7'3")) Outside Front Lawned garden and driveway providing off road parking leading to a single detached garage.
Outside Rear Large patio seating area with steps down to large lawned garden, mature plants, shrubs and trees, large timber shed, enclosed by timber fencing.
Local Authority South Norfolk Council, Tax Band C. Tenure Freehold Utilities Fibre to the property. Mains gas, water and electric.
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.
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
Agent & docs
FAQ
About 81, Olive Road, Norwich
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