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 · NR18 0RN
For saleListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***The property must be occupied under an Agricultural Occupancy Condition*** A 2 bedroom non-standard construction detached bungalow in 0.15 with an additional 3.89 acres of land.
The Location Barnham Broom Road can be found on the outskirts of Wymondham in a semi rural position. Wymondham itself is a historic market town just 10 miles south of Norwich City Centre.
The town benefits from a variety of good schooling, both primary and secondary, with Wymondham college in particular, boasting an 'outstanding' Ofsted rating.
There are good supermarkets including Waitrose and numerous small businesses in the town.
Transport buses link the surrounding towns and villages and the town's railway station also provides a direct line into Norwich, Ely and Cambridge, with London commutable in around 2 hours.
The Property The bungalow is understood to be of non-conventional construction ‘prefab’ with asbestos inner walls. The exterior is brick faced beneath a concrete tiled roof. There is a UPVC fascia.
Windows are wood framed and secondary glazed. The bungalow offers two good size bedrooms, a family bathroom, a lounge with dual aspect outlook, kitchen with pantry and a lean-to.
Some moderisation is required.
The Outside The bungalow and immediate grounds are approximately 0.15 acres with hard standing for several vehicles with access gates leading to 3.89 acres of land currently down as grassland.
Agents Note Please note - The occupation of the bungalow shall be limited to persons employed or last employed locally in agriculture, as defined in Section 221(1) of the Town and Country Planning Act 1962, or in forestry, and the dependents of such persons.
Prospective purchasers should note that this property is subject to an agricultural tie.
Should the successful purchaser succeed in removing the agricultural tie, an overage payment will be due to this vendor or their successors equivalent to 100% of the uplift in the value generated as a result of the removal of the tie.
This will be included in the sales contract and the term for the overage will be 50years. These terms are non-negotiable.
The field will be sold with a separate overage entitling the vendor (and their successors) to 50% of any uplift in value should planning permission for residential use be granted.
This will apply for a term of 30 years. Services Mains water, electricity, oil fired boiler with radiators and private drainage.
Tenure Freehold How to get there ///storming.noted.tailing Viewing Strictly by appointment only with T W Gaze Council Tax : B - payable to South Norfolk Council Anti-Money Laundering, Terrorist Financing and Transfer of funds Regulations 2017.
In line with the regulations, TW Gaze are legally required to carry out aml due diligence checks on all proposed legal purchasers involved in the transaction.
A charge of £25.00 + VAT (£30.00 Inc VAT) processing fee is applicable for each purchaser once an acceptable offer is agreed. Reference : 1/19749/reh
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
.png)
FAQ
About 101, Barnham Broom Road, Wymondham
Explore nearby