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See how verdicts work3-bedroom detached house · NR12 8DW
Sold STCListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached family home or ideal retirement property with no onward chain, located toward the end of a cul-de-sac in the popular riverside village of Hoveton and with near access to the amenities that include shopping, doctors, dentist, riverside eateries and a train station.
The property is approached over a driveway providing off-road parking and access to the garage which frames a south facing lawn garden to the front.
To the rear of the property there is an enclosed and neatly maintained lawn garden with paved terrace and timber storage shed bordered by mature beds.
The main entrance to the property leads into a hallway separate internal doors provide access into a cloakroom, a generous family lounge with a bay window and feature fire place, three bedrooms, a family bathroom and a kitchen dining room.
A door from the kitchen leads to a side lobby with covered access to the front and rear gardens as well as the garage through an additional utility room.
With all year-round appeal this bungalow benefits from its location in the famous Norfolk Broads village of Hoveton and Wroxham; crowned the Broads Capital and is well situated to access the Broads waters, for a boating adventure, the sandy beaches of the north Norfolk coastline or the capital city of Norwich for some retail therapy and sight seeing.
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 Merlin Close, Hoveton, Norfolk
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