2-bedroom terraced house · IP20 9DW
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A conveniently located 2 bedroom end-of-terrace house on the edge of a popular development built by Persimmon Homes. The property has an enclosed rear garden and a garage en-bloc.
Property - The property is an end-of-terrace 2 bedroom house on the edge of the popular development by Persimmon Homes at the end of Mendham Lane.
It is well-placed for access to town centre amenities and until recently has been rented and comes with no forward chain. A path passes the neighbouring properties and leads to the front door.
The path continues round to the side gate giving access to the garden. The front door opens to the hall with stairs to the first floor.
There is a kitchen with wall and base units and integrated appliances to the front. There is also a cloakroom to the front. The sitting/dining room is to the rear and has French doors to the garden.
On the first floor are two double bedrooms and a bathroom. The garden is a a good size and laid principally to lawn with a patio for alfresco dining. It is enclosed by fencing.
There is a garage en-bloc accessed from Harvest Way.
Location - Harleston is a thriving market town with many historical buildings and an excellent range of independently owned shops along with a supermarket, doctors, veterinary surgery, schools to GCSE level, 2 hotels, a number of cafes, restaurants and pubs.
There is a strong sense of community with many events going on all year and lots of local clubs, organisations and activities. Services - Gas fired central heating. Mains drainage, water and electric.
(Durrants have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order).
Local Authority - South Norfolk Council and Tax Band B Viewing - Viewing is strictly by arrangement with the vendors' agent Durrants, please contact us to arrange.
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
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FAQ
About Mendham Lane, Harleston
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