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See how verdicts work3-bedroom bungalow · NR29 5ND
For saleListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are pleased to offer this spacious three bedroom riverside bungalow situated in the popular Broadland location of Potter Heigham.
Location on the banks of the River Thurne, this extended property offers spacious accommodation including a 7.17m river facing living area, three bedrooms, master en-suite and a shower room.
The property offers uPVC sealed unit double glazed windows, modern fixtures and fittings, a generous garden, quay headed river frontage and a mooring dock.
Internal viewing is highly recommended to appreciate this nicely positioned property which is directly opposite Repps Staithe.
Entrance Hall Part glazed entrance door to side aspect, power points, doors leading, off, open plan access to; Living Room/Kitchen Area Kitchen Area (3.59m x 1.84m (11'9" x 6'0")) With a range of fitted kitchen units with rolled edge work surface, stainless steel sink drainer with mono bloc tap, plumbing for dishwasher, integrated electric oven, ceramic hob and extractor, open plan access to; Living/Dining Area (7.17m x 2.79m (23'6" x 9'1")) A tremendous river facing room with windows and glazed French doors to the front, Southerly aspect, allowing a panoramic view of the River Thurne, wall lighting, power points, television point, telephone point.
Bedroom 1 (2.45m x 2.64m at max (8'0" x 8'7" at max)) Window to side aspect, power points, door giving access to; En-Suite Shower Room Fully tiled walls, hand wash basin within a fitted storage unit, low level w.c., tiled shower cubicle, ventilation.
Bedroom 2 (2.7m increasing to 3m x 2.16m (8'10" increasing to) Window to rear aspect, power points. Bedroom 3 (2.72m x 2.16m (8'11" x 7'1")) Window to rear aspect, power points.
Shower Room Side facing obscure glazed window, fully tiled walls, tiled shower cubicle with electric shower, ventilation, low level w.c., hand wash basin within a fitted unit with storage surrounding, heated towel rail, power points, plumbing for washing machine.
Outside The property occupies a generous riverside plot with quay headed river frontage and a mooring dock to the side.
The grounds are predominately laid to lawn with timber decked seating area to the front of the property, garden store to rear.
Pedestrian access is to the rear of the property via the riverside tow path, with an outstanding open marshland view available. Tenure Leasehold - 'A' Lease.
We are informed the term remaining is until 2085, approximately 59 years. Annual ground rent £5.00, Annual service charge tbc Services Mains water, electric & drainage.
Agents Note At the time of listing the vendor has has a small dayboat and a fishing dory in the mooring dock. These are available by separate negotiation.
Parking The vendor currenty has an annual parking permit in the farmyard on the opposite bank at Repps Staithe. Those property owners who park there, row across the river to their properties.
It is considered that the permit could be transferred to the new owner.
Location Potter Heigham is a well known Broadland village with a famous ancient bridge over the River Thurne, approximately twelve miles from Great Yarmouth to the South East.
Village amenities include a Post Office, selection of shops, two pubs, cafe, boat yards and a bus service which operates to Great Yarmouth and the Fine City of Norwich.
The River Thurne connects at its mouth with The River Bure on the Broads network and leads upriver towards Martham, Hickling, Horsey and West Somerton. Reference Pjl/S10045
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Blue Waters, L2D, North West Riverbank, Great Yarmouth
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