2-bedroom terraced house · NR18 9EH
For saleListed 85 days
Opportunity summary
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About
GUIDE £190,000-£200,000 SPACIOUS TWO BEDROOM COACH HOUSE ON HIGHLY POPULAR DEVELOPMENT WITH OPEN GREEN SPACE & LAKE ON YOUR DOORSTEP.
BUILT IN 2020 & PROVIDING SPACIOUS, ENERGY-EFFICIENT, OPEN-PLAN LIVING.
Located on a highly popular development with open green space and a lake on your doorstep, this spacious coach house offers excellent access to Wymondham town centre and the railway station.
Built in 2020, the property still benefits from an NHBC guarantee until 2030 and provides spacious, energy-efficient, open-plan living.
You enter the home via a private entrance with all accommodation situated on the first floor. The hub of the home is a large, open-plan kitchen, dining and living room with triple-aspect windows.
Two generous bedrooms and a large bathroom are located just off the landing.
The home boasts an impressive 'B' energy efficiency rating, featuring excellent insulation levels, high-performance double-glazed windows and gas-fired central heating with a combination boiler.
This property offers a greater degree of privacy than conventional flats, as there is no communal hallway, no adjoining neighbours to one side and no one living above or below.
It also benefits from its own loft space and a large shed to the rear. Outside, a communal gravelled area leads to two back-to-back parking spaces and a large communal bin store.
Nearby, you will find open green space complete with a children’s play area, walkways and a picturesque lake.
Entrance Hall & Landing Entering the property into a small hallway with a radiator and stairs leading to a landing on the first floor, which features a double-glazed window, radiator and storage cupboard.
Bedroom One Double-glazed window to the front and a radiator. Bedroom Two Double-glazed window to the front and a radiator.
Open Plan Kitchen/Diner/Living Area A bright and spacious, triple-aspect living space featuring fitted wall and base units, work surfaces, an integrated oven, gas hob, and stainless steel extractor.
Tiled splashback, one and a half bowl sink and drainer, space and plumbing for washing machine and dishwasher.
Completed with a radiator, TV point, part-tiled flooring and space for large fridge/freezer. Bathroom Featuring a bath with shower over, pedestal wash basin, wc, radiator and shaver point.
Parking Two designated, back-to-back parking spaces to the rear of the property. Additional Storage A large shed is located under the staircase, accessed from the rear via wooden doors.
A communal bin store is situated to the side of the shed. Leasehold Details Ground rent: £130 per annum. Service charge: £926.44 per annum.
Approximately 117 years remaining on the lease, which expires on 01/01/2144.
South Norfolk Council Tax Band B Agents Note - To comply with AML regulations £25 plus vat (£30 inclusive of vat) is charged to each buyer which covers the cost of the digital ID check.
The checks will be conducted by Hipla, who will contact buyers directly to arrange payment of £30 per report.
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 Heron Rise, Wymondham, Norfolk, NR18
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