2-bedroom bungalow · NR12 9PJ
Listing removedListed 86 days
Opportunity summary
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About
Aldreds are pleased to offer this spacious semi detached bungalow situated in a convenient position, close to the local amenties, within the popular Broadladn town of Stalham.
This well located property would now benefit from a course of modernisation and updating, representing an excellent opportunity to acquire a bungalow in this location.
The accommodation offered includes an entrance porch, hall, lounge, kitchen, inner hall, two bedrooms and bathroom.
The property offers oil fired central heating, uPVC sealed unit double glazed windows, driveway parking, garage and a delightful enclosed rear garden.
Entrance Porch - Part glazed uPVC entrance door, windows to front and side aspects, door giving access to; Hallway - Radiator, power points, built-in cupboard housing electric meters, doors leading off; Kitchen - 3.03m x 2.42m (9'11" x 7'11") - Window to side aspect, part glazed door to side, a range of fitted units with rolled edge work surface, stainless steel sink drainer, power points.
Lounge - 4.5m x 3.85m (14'9" x 12'7") - Window to front aspect, radiator, power points, thermostat, tiled fireplace surround with tiled hearth with an electric coal effect fire, door giving access to; Inner Hall - Loft access, cupboard housing hot water cylinder with immersion heater, doors leading off.
Bedroom 1 - 3.53m x 2.93m (11'6" x 9'7") - Window to rear aspect, radiator, power point, built-in wardrobe.
Bedroom 2 - 3.38m x 3.53m reducing to 2.76m (11'1" x 11'6" red - Window to rear aspect, radiator, power points.
Bathroom - Side facing obscure glazed window, panelled bath with tiled surround and electric shower over, pedestal hand wash basin with tiled splash back, low level w.c..
Outside - The property sits in a pleasant position with lawned front garden, driveway extending to the side with gates leading onto a garage with a front facing up and over door, side service door.
To the rear of the property is a delightful enclosed garden, laid to lawn with a patio to the rear of the property, timber garden shed, greenhouse, external oil fired boiler and oil storage tank, external lighting.
Tenure - Freehold. Services - Mains water, electric and drainage.
Council Tax - North Norfolk District Council - Band: 'B' Location - Stalham is a popular Broadland Town with its own range of facilities, which include a public staithe, health centre, schools, library, post office, supermarket and a variety of High Street shops and food outlets.
Reference - PJL/S9971
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.
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About Rivermead, Stalham, NR12
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