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See how verdicts work5-bedroom bungalow · NR13 5HN
Sold STCListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**five bedroom detached bungalow with land** Gilson Bailey are pleased to present this rare opportunity to purchase a detached five bedroom bungalow set within approximately 5 acres of land (subject to survey), situated on Church Road, Postwick.
The accommodation comprises a welcoming entrance hall, two reception rooms, kitchen, conservatory, five bedrooms and a range of bathroom and shower facilities.
The property also benefits from a self-contained annexe, offering excellent flexibility for multi-generational living, additional accommodation or a separate living space.
There is also potential for the annex to be incorporated into the main house, creating a versatile and adaptable home to suit a variety of needs.
The approximately 5-acre plot (subject to survey) is a particular feature of the property. The grounds include a mixture of open areas and mature trees, with stables and out buildings.
There is plenty of space for those with equestrian interests, animals, gardening or simply wanting a large amount of land around their home.
There may also be scope for further development or alternative use of the land, subject to planning permission.
The property is heated via an oil fired central heating system, with mains water and a septic tank providing drainage.
Postwick is a small, rural village situated just outside Norwich, offering a peaceful setting whilst being particularly well placed for access into the city.
The property is also conveniently positioned for the A47 and the wider road network, making Norwich and the surrounding areas very easily accessible.
The nearby village of Brundall offers a range of amenities including shops, cafés and pubs, as well as local schooling and further facilities.
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.
What3words /// soups.firepower.customers Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Gilson Bailey cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About The Chestnuts, Church Road, Norwich
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