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See how verdicts work2-bedroom house · NR14 8EG
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Looking for a project? No Onward Chain! This two bedroom house in popular Norfolk village, Mulbarton, has a massive amount of potential as a renovation project.
Walking through the front door, there is a handy porch area with storage before entering into the open lounge space.
The kitchen is of a good size, with plenty of cabinets for storage and space for a table. Patio doors open the room to the garden, which is private and enclosed.
Upstairs, there are two bedrooms, one double and one single. The bathroom has been converted into a wet room for accessibility, but originally had a bath so could be reverted.
This property benefits from off-road parking for several cars, as well as a single garage.
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 61, Lark Rise, Norwich
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