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See how verdicts work3-bedroom terraced house · NR35 2AD
For saleListed 607 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An end of terrace cottage in a convenient semi-rural location. The property would now benefit from updating but offers huge potential.
Property - The property is a semi-rural end of terrace cottage built in 1927 as an estate worker's cottage. The property is now in need of updating but offers huge potential.
On the ground floor are two reception rooms with windows to the front. The kitchen is to the side and fitted with a range of wall and base units.
At the rear of the property is a ground floor bathroom, rear lobby with door to outside and a store room. There is also a useful understairs cupboard.
On the first floor are two double bedrooms with windows to the front and a further bedroom. The property has an area of front garden together with a driveway to the side.
The rear garden is a good size and laid principally to lawn plus two garden sheds.
Location - The village of Earsham is situated approximately one mile from the market town of Bungay, which is situated in the heart of the Waveney Valley on the Norfolk/Suffolk borders and offers shopping facilities, schools and bus services.
The city of Norwich is about 15 miles to the north and the county town of Halesworth is about 9 miles to the south where there is a railway station for connections to London via Ipswich.
Within motoring distance is the nearby market town of Beccles on the edge of the Norfolk Broads waterways, the coast at Southwold and other areas of natural beauty along the Heritage Coastal Belt.
Services - Oil fired central heating. Drainage via septic tank. Mains water and electric.
(Durrants have not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order).
Local Authority - South Norfolk District Council Council Tax Band B Agent's Note - 1) The property is of non-standard construction and therefore mortgage companies are unlikely to lend and therefore only of interest to cash buyers.
Please note the cladding and roof are asbestos. If you require a mortgage then you will need to make your own enquires to your lender/broker prior to viewing.
2) The field to the rear and side has been earmarked for gravel extraction. It is a 10 year programme and once completed the area will be landscaped as a nature area.
During the extraction a soil bund will be created to screen the area under extraction.
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
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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
Agent & docs
FAQ
About Bath Hills Road, Earsham, Bungay
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