2-bedroom bungalow · NR5 0RG
Sold STCListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Iconic are delighted to bring to the market this beautifully extended semi-detached home, ideally situated in the popular area of New Costessey.
Modernised throughout to a high standard, this impressive home offers stylish and versatile accommodation, complemented by a stunning south-facing rear garden that enjoys sunshine throughout the day.
The accommodation begins with a welcoming entrance hallway featuring a useful storage cupboard and doors leading to the majority of the ground floor rooms.
There are two well-proportioned double bedrooms and a contemporary family bathroom fitted with a modern three-piece suite comprising a panelled bath with mains-fed shower and glazed shower screen, low-level WC and a hand wash basin set within a vanity unit.
The heart of the home is the beautifully appointed kitchen, fitted with a range of modern two-tone wall and base units, an inset stainless-steel sink with drainer, and ample space for appliances including an American-style fridge freezer, washing machine, tumble dryer and dishwasher.
A recessed fireplace provides the perfect space for a large range cooker, adding character to this attractive room.
The kitchen flows seamlessly into the stunning open-plan living and entertaining space to the rear, measuring over 25 feet in length.
This exceptional room offers an abundance of space for both relaxing and dining, with French doors and an additional single door opening directly onto the south-facing garden, creating a wonderful indoor-outdoor lifestyle.
The living area also connects to the cosy sitting room, which features a continuation of the quality flooring and an attractive feature fireplace with inset wood-burning stove.
Outside, the property continues to impress. To the front is a generous driveway providing ample off-road parking for several vehicles, enclosed by a low-level retaining wall.
The driveway extends to the side of the property where double timber gates provide convenient access to the rear garden.
The beautifully maintained south-facing rear garden is predominantly laid to lawn and enjoys a large paved patio, ideal for outdoor dining and entertaining, with steps leading directly to the open-plan living area.
Mature flower and shrub borders add colour and privacy, whilst timber fencing encloses the garden.
A particular feature of this property is the extensive outbuildings located at the rear of the garden.
There are two substantial timber workshops, measuring approximately 22'5" x 12'8" and 22'5" x 12'10", offering exceptional storage or workshop space.
In addition, a substantial timber-built outbuilding which offers fantastic versatility, comprising an office, a gym (which could equally be used as an additional office), and a WC.
This building also benefits from mains electricity and drainage, making it ideal for those working from home, running a business, or seeking additional recreational space.
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 13, Jerningham Road, Norwich
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