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See how verdicts work2-bedroom bungalow · NR29 5JX
For saleReduced £11k (−5.6%) on 21 JunListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £230,000 - £240,000.
A well positioned two bedroom riverside bungalow, set on the banks of the River Thurne with stunning uninterrupted panoramic views out over the water and the open countryside beyond.
A quiet and peaceful location perfect for anyone with an interest in boating, fishing and bird life.
The flexible accommodation consists of a galley style kitchen, spacious living room with box bay window looking out over the river and a multi-fuel burning stove.
The primary bedroom offers river views and enjoys direct access to the shower room.
The second double bedroom could easily be used as further living space and is currently utilised as a dual aspect dining room.
The private river frontage extends to approximately 63ft with a mooring dock measuring 20'9" x 8'4".
Accommodation Kitchen: 15'5" x 6'0" Galley style kitchen with a comprehensive range of storage units with sink unit and drainer, built in double oven and hob, plumbing for dishwasher, window and door to rear with impressive open views.
Door to shower room. Living Room: 14'8" x 12'2" Box bay window to front aspect with stunning panoramic river views. Door to front aspect. Multi-fuel burning stove.
Double doors to: Bedroom 2/Dining Room: 12'6" x 10'3" Dual aspect with French doors to side and rear with far reaching river views. Full range of fitted wardrobes with sliding mirror fronted doors.
Bedroom 1: 12'3" x 7'0" Window to rear with river views. Door to Shower Room Shower enclosure with electric shower. Vanity wash basin, low level w/c.
Plumbing for washing machine, window to rear, down lighting, heated towel rail.
Outside Quay headed river frontage extending to approximately 63ft including a private mooring dock measuring 20'9" x 8'4". Detached garden shed plus lean to storage shed.
Additional information Tenure: Leasehold: B Lease Term: Lease runs until 2085 Ground Rent: £1,450 per annum Service Charge: Tbc Holding tank drainage £68 per empty.
Whilst it is our intention that these sales particulars offer a fair and accurate account, they are provided for guidance purposes only and do not constitute part of any offer or contract.
All measurements are approximate and we have not tested any equipment or services, and no warranty is given or implied that these are in working order.
Prospective purchasers are advised to satisfy themselves by inspection or by further investigation via their solicitor or surveyor.
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
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FAQ
About 78, Riverside, Repps with Bastwick
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