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See how verdicts work3-bedroom bungalow · NR29 5JD
Listing removedReduced £25k (−10%) on 22 JunListed 735 days
Opportunity summary
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About
A recently improved waterside bungalow set in a highly regarded marina just off the River Thurne, well placed for access to the entire Norfolk Broads network.
Built in 2000 of timber construction, Grebe Cottage offers generous accommodation that consists of a spacious dual aspect living room with French doors out onto the waterside deck, a fully fitted kitchen, large master bedroom with en-suite shower room, two further double bedrooms and a family bathroom.
Features include a private 33ft long mooring, private off road parking for two cars, electric heating and sealed unit double glazing.
The property has also benefitted from some recent redecorating inside and out, replacement of some kitchen appliances, new fitted blinds and new flooring in the living room, kitchen, bathroom and en-suite.
Purpose-built to be a holiday let and equally suitable as a second home, conveniently located within walking distance of two pubs, two coffee shops, a department store, fishing tackle shop, Post Office/general store, fish and chip shop and cruiser and day boat and canoe hire.
Accommodation Generous Open Plan Living Room: 19'4" x 16'7" (12'2" min) Dual aspect reception room with French doors leading out onto a raised sundeck, looking out over the marina.
One night storage heater, coved ceiling, two TV points, down lighters. Kitchen: 9'11" x 7'6" (10'9" max) Full range of wall and floor mounted storage units with 1½ sink unit and drainer.
Built in oven, hob and extractor fan, plumbing for washing machine, coved ceiling, built in cupboard housing the hot water cylinder. Dual aspect with views out over the river, and open countryside.
Wall mounted heater, tiled floor, down lighters. Inner Hallway Loft access, coved ceiling.
Master Bedroom: 11'8" x 11'1" Window to rear with views out over open countryside, coved ceiling, panelled door, wall mounted heater, built in double wardrobe.
En-Suite Shower Room: Low level w/c, wash basin, shower cubicle, partially tiled walls, wall mounted fan heater, heated towel rail, extractor fan, window to side aspect, tiled floor.
Bedroom 2: 12'8" x 11'4" Window to front aspect with views out over the mooring and the marina beyond. Wall mounted heater, coved ceiling, panelled door.
Bedroom 3: 10'10" x 8'6" Window to side, wall mounted heater, coved ceiling, panelled door.
Family Bathroom Panelled bath with fitted shower and screen, low level w/c, wash basin, heated towel rail, tiled floor, partially tiled walls, coved ceiling, down lighters, extractor fan, shaver point, window to rear.
Outside Two off road parking spaces adjacent to the property accessed via a security barrier.
The property is decked on all sides with ramps up to the front door, a raised and covered verandah, outside lighting and a private 33ft long side on mooring.
Additional information Tenure: Freehold Occupancy: 365 days of the year, but not suitable as a permanent residence. Services: Mains water, electricity and drainage connected.
Contents available by separate negotiation. Service Charge: £1,000 per annum.
Whilst it is our intention that these sales particulars offer a fair and accurate account, they are provided for guidance purposes only and do not constitute part of any offer or contract.
All measurements are approximate and we have not tested any equipment or services, and no warranty is given or implied that these are in working order.
Prospective purchasers are advised to satisfy themselves by inspection or by further investigation via their solicitor or surveyor.
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
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FAQ
About Grebe Cottage, Bridge Road, Potter Heigham
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