4-bedroom bungalow · NR12 9LH
For saleListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*£475,000 to £500,000* *No Onward Chain* Merristwood is a spacious four-bedroom detached bungalow, perfectly suited as a generous family home or as a single-storey residence with ample space for visiting friends and family.
Nestled within the peaceful waterside hamlet of Wayford, the property enjoys a tranquil setting amongst a small cluster of similar homes.
Everyday amenities are close at hand, with The Wayford Bridge Inn and a garden centre both less than half a mile away.
Set back from the road behind natural hedging, Merristwood occupies a generous plot approaching one-third of an acre.
A shingle horseshoe driveway provides in-and-out access, ample off-road parking, and leads to a garage with adjoining workshop.
The front garden is expansive and neatly kept, while to the rear, a beautifully maintained lawn is framed by mature flower beds, paved terraces ideal for alfresco dining, and a productive vegetable plot, all overlooking distant field views.
Inside, the property is well-presented and thoughtfully arranged to provide versatile living space.
An alternative side entrance leads into a porch and utility, while the main accommodation includes three reception rooms: a welcoming lounge with feature fireplace, an open-plan kitchen and dining room, and a bright garden room with French doors onto the terrace.
Four bedrooms and two bathrooms complete the home, offering flexibility for family living or guest accommodation.
Whether you are seeking a permanent family home, a peaceful retreat, or a base for exploring the renowned Norfolk Broads and nearby coastline, Merristwood offers an enviable lifestyle.
The neighbouring town of Stalham provides excellent amenities including schools, a range of shops, a supermarket, and a petrol station, all just a short drive away.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Merristwood, Wayford, Norfolk
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