3-bedroom bungalow · NR5 0HT
Listing removedReduced £25k (−5.9%) on 23 JunListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the ever-popular area of Old Costessey, this spacious three-bedroom detached bungalow offers beautifully presented, versatile accommodation and has been lovingly maintained to an exceptional standard throughout.
The heart of the home is the impressive open-plan living and dining area, featuring a striking large log burner and triple-aspect windows that flood the space with natural light, creating a wonderfully bright and airy atmosphere - perfect for both relaxing and entertaining.
The property further benefits from a newly refurbished kitchen and stylish modern family bathroom, finished to a high specification and designed with both practicality and contemporary living in mind.
There are three well-proportioned double bedrooms, including a particularly spacious principal bedroom complete with fitted wardrobes and the added convenience of a separate WC.
Outside, the bungalow enjoys generous wrap-around gardens offering a high degree of privacy and colour throughout the seasons.
The front garden is beautifully established with mature plants and shrubs, while the rear provides a wonderful allotment area for keen gardeners, along with a patio ideal for al fresco dining and outdoor entertaining.
This immaculate home combines comfort, space and charm in a highly sought-after location, making it an ideal purchase for families, downsizers or anyone seeking single-storey living in a peaceful yet well-connected setting.
Location Old Costessey is a highly sought-after village on the western outskirts of Norwich, popular for its blend of semi-rural charm and excellent convenience.
Known for its attractive mix of period properties, modern homes and green open spaces, the area appeals to families, professionals and retirees alike.
The village offers a strong sense of community along with a range of everyday amenities including local shops, schools, pubs and scenic countryside walks.
Residents also benefit from excellent transport links, with easy access to Norwich city centre, the A47 and nearby retail and leisure facilities including Longwater Retail Park.
Old Costessey is particularly admired for its picturesque surroundings, mature tree-lined roads and proximity to the River Tud, providing a peaceful setting while remaining well connected to the city and surrounding Norfolk countryside.
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 9 Grovedale Close, Norwich
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