2-bedroom bungalow · NR29 5ND
Listing removedListed 161 days
Opportunity summary
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About
A much loved riverside bungalow coming to the market for the first time in 30 years!
Occupying an elevated south facing position on the banks of the River Thurne with impressive sweeping views to the front and to the rear.
Offering approximately 60ft of private river frontage along with a private mooring dock measuring approximately 45ft x 9'6".
The accommodation comprises a generous triple aspect living space with high ceilings and picture windows, making the most of the picturesque river views and patio doors leading out onto a raised south facing seating area.
There is a fitted kitchen adjacent to the living room with the potential to be incorporated into the living room, creating a spacious open plan living area.
There are two double bedrooms and a bathroom. The plot is laid to lawn with a storage shed and wonderful open views. Available with no onward chain.
Accommodation Kitchen: 6'11" x 8'11" Glazed door, window to side. Full range of wall and floor mounted units with sink unit and drainer. Electric cooker point.
Open Plan Living Room: 7'11" x 23'4" Light and airy space. Triple aspect with high ceilings. Sliding patio doors leading out onto a raised south facing seating area with steps down onto the lawn.
Inner Hallway Bedroom 1: 9'0" x 8'11" Window to side with river views. Bedroom 2: 9'0" x 8'11" Window to side with open views. Bathroom Wash basin, w/c, bath, window to rear.
Outside Laid to lawn with quay headed river frontage extending to approximately 60ft with a private mooring dock measuring approximately 45ft x 9'6". There are also two storage sheds.
Additional information Tenure: Leasehold. Term: Lease runs until 2085. Ground Rent and Service Charge: Approximately £200 per annum. Services: Mains electricity, water and drainage.
Access via footpath and river only. Contents included. No onward chain.
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
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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 3a, North West Riverbank, Potter Heigham
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