3-bedroom bungalow · NR13 6QW
Listing removedListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the popular village of Rackheath, within walking distance to local amenities, this beautifully presented bungalow boasts well proportioned and versatile accommodation.
Internally, the property comprises a modern fitted kitchen, lounge/diner with wood burning stove, three double bedrooms with the main bedroom featuring an ensuite and a separate family bathroom.
The property boasts a large garage/workshop with power, providing a versatile space ideal for conversion if required.
The home is surrounded by a generous and well maintained rear garden and a driveway providing parking for multiple vehicles and ample space for extension if desired.
Kitchen - Double glazed window to side aspect, wall and base units with inset ceramic sink and drainer, space and plumbing for dishwasher and washing machine, fitted electric oven and microwave oven, integrated fridge and freezer, radiator, tiled flooring, Neff induction four ring hob with cooker hood over.
Hallway - Laminate flooring, radiator, access to loft. Lounge/Diner - Window to rear and patio door, engineered wood flooring, inglenook fireplace with wood burning stove, two radiators.
Bedroom One - Double glazed window to side aspect, carpet, radiator, door to:- Ensuite - Double glazed window with obscured glass to side aspect, WC, cubicle with Triton electric shower, vanity unit with wash hand basin, radiator, laminate flooring, heated towel rail.
Bedroom Two - Double glazed window to front aspect, carpet, radiator. Bedroom Three - Double glazed window to front aspect, laminate flooring, radiator.
Bathroom - Double glazed window with obscured glass to side aspect, fitted with a four piece suite comprising roll top bath, cubicle with electric shower, vanity unit with wash hand basin, tiled flooring, radiator, fitted wall cupboards.
External - To the front the property is approached via a spacious driveway laid to hardstanding, with fence to the front.
The rear garden is mainly laid to lawn with maintained borders of mature shrubs and flowers, a paved patio and a composite decked seating area, shed and garage.
Agents Notes - This property is Freehold. Mains drainage, electricity, water and gas connected. Council tax band: C (Broadland)
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
Agent & docs
FAQ
About Lonsdale Road, Rackheath, Norwich
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