2-bedroom house · NR5 0EB
Listing removedListed 343 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION - £221,000 This two bedroom detached bungalow is now vacant and in need of updating, scope to extend (stpp).
Tucked away off a private drive, this two bedroom detached bungalow offers an exciting opportunity for buyers seeking a home with potential.
Set on a generous plot in the popular suburb of Costessey, the property enjoys a peaceful setting while remaining convenient for local amenities and transport links into Norwich city centre.
The accommodation comprises entrance hall, lounge, dining room, kitchen, two bedrooms, bathroom, and conservatory.
The property benefits from a driveway with garage, and outbuildings within the large rear garden. The expansive plot offers excellent potential to extend or redevelop (subject to planning permission).
Accommodation Entrance hall, Lounge, dining room, two bedrooms, bathroom, kitchen, conservatory Outside Front garden, large rear garden, outbuildings, garage.
Council Tax Band C Viewings Viewings are arranged for Monday 1 December - appointment essential - please telephone the Norwich office to have a time slot allocated to you.
Tenure: Freehold EPC Rating: E Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £900 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 3 Arnfield Lane, Norwich, Norfolk NR5 0EB
Explore nearby
