2-bedroom bungalow · NR12 8XN
To rentListed 10 days
Opportunity summary
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About
2 Bedroom semi-detached bungalow with large wraparound gardens, patio area, field views and off street parking.
**Available December** 2 Bedroom semi-detached bungalow Large garden Field views Off street parking ACCOMMODATION COMPRISES: - SITTING ROOM KITCHEN - Comprising wall and base kitchen units, stainless steel sink with up and over tap, and integrated hob and oven.
DINING ROOM - Patio doors leading onto garden HALLWAY - Built-in boiler cupboard BEDROOM 1 BEDROOM 2 OUTSIDE - The property benefits from a shingle driveway with off street parking, a large patio area and wraparound garden DEPOSIT A deposit equivalent to five weeks rent will be required, returnable at the end of the tenancy, subject to there being no breaches of the terms of the tenancy.
To comply with statutory regulations the deposit will be lodged with The Deposit Protection Service.
REFERENCES References are undertaken by an external referencing agency and are subject to a minimum 5 day waiting period. The tenancy will not commence until we have received satisfactory references.
PAYMENT The first payment of the rent and deposit will be paid by banker's draft or bank transfer to Brown & Co Clients Account. We are unable to accept cash payments.
If the payment is to be made by cheque then a period of 6 working days should be allowed to ensure that the cheque has cleared so that keys can be released.
Please note we will not release keys until we have received confirmation that the funds have been cleared. Thereafter, payment will be made by standing order.
VIEWING Strictly by appointment with the letting agent Brown & Co, The Atrium, St Georges Street, Norwich NR3 1AB.
AGENTS NOTE Holding Deposit (if required): One week's rent Deposit: 5 weeks rent (6 weeks if rent over £50,000 per annum) During the tenancy payable to Brown & Co: Variation of Contract at your request: £50 (inc.VAT) per agreed variation.
Change of Sharer at your request: £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
Early Termination at your request: You will be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Unpaid Rent - payment of interest charged at 3% above the Bank of England Base Rate Lost key(s) or other Security Device(s): You are liable to the actual cost of replacing any lost key(s) or other security devices(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys will be charged to you.
If extra costs are incurred there will be a charge to you of £15 per hour (inc. VAT) for time taken replacing lost key(s) or other security devices(s).
As well as paying the rent you may also be required to make the following permitted payments - (payable to the landlord) if applicable: Utilities - gas, electricity, water or other.
Communication - telephone and broadband. Installation of cable/satellite. Subscription to cable/satellite supplier. Television licence. Council Tax.
Brown & Co LLP is a member of RICS Client Money Protection Scheme, RICS Firm Reference: 016189 which is a client money protection scheme, and also a member of The Property Redress Scheme, Membership Number: PRS012758 which is a redress scheme.
You can find out more details on the agent's website or by contacting the agent directly.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 1 Ivy Farm Bungalow, School Road, Neatishead, Norwich, Norfolk
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