We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · NR13 3TR
For saleReduced £30k (−13.6%) on 25 OctListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare Opportunity - Semi-Detached Bungalow Near the Norfolk Broads.
Set within one of the most sought after villages near the Norfolk Broads, this rarely available semi-detached bungalow occupies a generous plot with both front and rear gardens.
While the property does require updating, it offers fantastic scope to create a personalised home, with clear potential to modernise the kitchen, bathroom, and overall interior to your own taste.
The bungalow benefits from a beautiful rear garden, a good sized front garden, and the added convenience of a garage with parking to the rear.
Located just moments from the Broads, this is an exciting opportunity for buyers looking to invest in a prime location and add value.
Outside Front Enclosed front garden, lawn to one side, low maintenance shingle to the other side, pathway leading up to the front entrance.
Entrance Hall Upvc double glazed door giving access, night storage heater, door to the living room, double glazed door out to the rear to an enclosed walkway with access to a shed and double glazed door out to the garden.
Living Room 4.05 m max narrowing to 3.31 m x 4.60 m Fitted carpet, storage heater, double glazed window to the front, built-in cupboard, sliding door doors through to the kitchen, door through to inner hallway.
Kitchen 13'3" x 6'10" (4.04m x 2.10m) Range of wall and base kitchen units, night storage heater, space and plumbing for undercounter fridge, sink and drainer with mixer tap, tiled splashback, built-in oven, ceramic hob and cooker hood over, double glazed window with views to the garden.
Inner Hall Fitted carpet, access to loft, doors off to Principal Bedroom 11'10" x 11'9" (3.63m x 3.60m) Fitted carpet, storage heater, built-in cupboard, built-in wardrobe, double glazed window to the front.
Bathroom 7'1" x 4'11" (2.16m x 1.50m) Wood style flooring, low level WC, hand wash basin with vanity unit underneath, wall cabinet, panelled bath, tiled splashback, wall mounted shower, frosted double glazed window, extractor fan.
Bedroom Two 10'2" x 6'7" (3.10m x 2.03m) Fitted carpet, storage heater, double glazed window.
Garden Well kept rear garden with lawn, pathway to the rear, timber shed, access from the gate to a communal car parking space, access to your own garage.
Disclaimer Howards Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Howards Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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 New Road, Reedham
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