3-bedroom bungalow · IP26 5LN
For saleListed 241 days
Opportunity summary
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About
Exciting opportunity to acquire this detached bungalow on a large plot of approx. 6.6 acres, with a double garage and barn with stables.
Making an ideal home for equestrians, there is also development potential with planning in principle agreed.
Description Situated in the charming village of Northwold, this impressive and versatile 6.6-acre (sts) property offers unique lifestyle and/or commercial opportunities for equestrian enthusiasts, developers, landlords, small businesses - in short anyone who can make use of the space and facilities.
Key features include: · a spacious bungalow with 3 double bedrooms; · 6 acres (approx.) of paddocks; · a large barn with 4 large, airy, internal stables; · additional storage barn; · a fenced compound; · large area of hard-standing with room for several horse boxes, trailers etc.
· permission in principle for the development of 2-5 dwellings.
Spanning an impressive 1571 square feet the bungalow features three generously sized double bedrooms, two with built-in storage, providing ample space for family living or guests.
The family bathroom is well-appointed with both a bath and separate shower.
The spacious lounge invites relaxation and social gatherings, while the kitchen offers generous cupboard storage as well as a walk-in pantry.
A large, tiled utility room enhances the practicality of the home with ample space for washing machine, dryer, freezer etc. As well as the occasional muddy pet.
The 6-acres (approx.) of paddock has been used for equestrian purposes over the past 20-plus years, including a time as a riding school.
The well-drained land and large barns could be used for a variety of other purposes, subject to the necessary permissions.
One of the standout features of this property is the recent granting of permission in principle for the residential development of 2 to 5 dwellings.
Please contact us for more details or see: Further development opportunities remain to be explored. Situated in a sought-after location in Norfolk, this property is offered with no onward chain.
Whether you are looking to enjoy the rural lifestyle in a comfortable family home with land, or to explore development and business possibilities, this property is sure to impress.
Measurements Entrance Hall Lounge - 27' x 14' 10" Kitchen - 13' 10" x 10' 10" Conservatory/ Utility - 19' 6" x 5' 10" Bedroom - 14' 2" plus wardrobe x 13' 4" Bedroom - 13' 2" plus wardrobe x 10' 11" Bedroom - 13' 3" x 10' 10" Bathroom - 9' 9" x 5' 9" plus depth of shower Council Tax band - D Molyneux Estate Agents has not tested any fixtures and fittings, services or appliances in this property and cannot guarantee that they are in working order.
Whilst we intend to make our particulars as accurate as possible, measurements and statements are provided as a general guidance, they are not factual and should not be relied upon.
Before ordering any carpets or built in furniture please contact the agent to verify any specific measurements. Floor plans are not to scale.
They are provided for indication purposes and their accuracy should not be relied upon. Items shown in photographs are not included unless they are detailed within the sales particulars.
They may be available by separate negotiation. Please contact the agent with regards to this. The Buyer is advised to obtain verification of the tenure from their Solicitor.
The agent has not reviewed the title documents for this property.
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 61, Methwold Road, Northwold
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