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See how verdicts work3-bedroom bungalow · NR13 6QW
Listing removedListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** DETACHED BUNGALOW WITH FANTASTIC SPACE INSIDE AND OUT ** Gilson Bailey are delighted to offer this three bedroom detached bungalow situated in the highly sought after village of Rackheath.
The property offers a generous garage/out building that presents excellent potential for an annex, workshop, home office, gym, or additional garage space, all equipped with power and ready for heating if desired.
The heart of the home is the open plan lounge boasting a cosy wood burner, perfect for relaxing evenings.
The spacious private garden offers a sheltered decking area ideal for outdoor entertaining or simply enjoying peaceful outdoor living.
The accommodation comprises of a hallway, kitchen, lounge/ dining room, three bedrooms with a newly fitted en suite off the main bedroom and a family bathroom.
The property benefits from gas central heating, mains water and drainage. Location Rackheath is a small village found within proximity to the city of Norwich.
The village offers a variety of amenities including a village shop, a imminent doctors surgery, pub and a regular bus service into Norwich.
A short drive away is access to Sprowston and the amenities there.
East of Rackheath there are larger villages of Salhouse and Acle which offer train stations, and access to the Norfolk Broads National Park.
Hallway Fitted hard wood effect flooring, radiator, loft access.
Kitchen - 16'6" (5.03m) x 9'1" (2.77m) Fitted with matching base, wall and drawer units, built in Neff eye line oven and microwave, induction hob with extra hood above, integrated fridge, freezer, space for washing machine and dishwasher, sink and drainer, radiator, boiler, window to the side, sliding door to the hallway.
Lounge/ Dining Room - 22'3" (6.78m) x 12'1" (3.68m) Engineered wood flooring, multi fuel wood burner, radiators, space for dining table and chairs, window and door to the rear.
Bedroom One - 14'3" (4.34m) x 9'4" (2.84m) Fitted carpet, radiator, window to the side.
En Suite Newly fitted suite comprising of WC, hand wash basin, shower cubicle, radiator, heated towel rail, hard wood effect flooring, tiled splash back, obscured private window to the side.
Bedroom Two - 13'6" (4.11m) x 10'10" (3.3m) Fitted carpet, radiator, window to the front.
Bedroom Three - 10'11" (3.33m) x 10'7" (3.23m) Fitted hard wood effect flooring, built in wardrobe, built in shelving, radiator, window to the front.
Bathroom Fitted four piece suite comprising WC, hand wash basin, bath and shower cubicle, tiled flooring, radiator, obscured private window to side.
Outbuilding - 29'8" (9.04m) x 11'6" (3.51m) A fantastic opportunity for multipurpose use, fitted with power, hard flooring and access to the front and side.
Outside To the front is a large driveway leading down to the side of the property, enclosed by gates offering parking for plenty of cars.
To the rear is an extremely spacious garden, laid to lawn with an array of plants and shrubs. A patio area leading off from the decking, the decking is ideal for seating or entertaining.
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 Brundall Ltd.
All required checks must be completed before a memorandum of sale can be issued.
what3words /// shut.intelligible.hats 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.
Area
Agent & docs

FAQ
About Lonsdale Road, Rackheath
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