2-bedroom terraced house · NR4 7JP
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DRAFT DETAILS AWAITING APPROVAL SUMMARY Offered as a 60% shared ownership home, this is an excellent opportunity for first-time buyers to step onto the property ladder with a more affordable purchase.
Positioned in a cul-de-sac setting, the property offers a practical kitchen complete with an integrated oven and hob and a dual aspect lounge/diner, creating a sociable living space with direct access into the rear garden, ideal for relaxing or entertaining guests.
Upstairs, the property offers 2 double bedrooms, both benefitting from twin windows allowing plenty of natural light, alongside a family bathroom featuring a shower over the bath.
Outside, the property enjoys tandem off-road parking and an enclosed rear garden with lawn and patio seating area.
OUTSIDE The property is in a cul de sac position with a public cycle and pedestrian pathway nearby.
Fronted by mature shrubs and pathway to the entrance door, the property benefits from tandem off-road parking to the right-hand side.
A wooden gate off the driveway leads through to the enclosed rear garden which is mainly laid to lawn and features a patio seating area.
LOCATION Located within the popular suburb of Cringleford, Roundhouse Park is a contemporary residential community known for its excellent amenities, connectivity, and family-friendly appeal.
Just 3 miles from Norwich city centre, the area benefits from outstanding local facilities including Cringleford Primary School—rated 'Good' by Ofsted—and easy access to the University of East Anglia (UEA) and the Norfolk and Norwich University Hospital (NNUH).
The nearby Cringleford Interchange bus stop offers regular services into the city, making commuting a breeze, while swift road links via the A11 and A47 connect you effortlessly with the wider Norfolk region and beyond.
The local area offers green open spaces, cycle routes, and a growing selection of shops, making Roundhouse Park ideal for modern family life with everything you need within easy reach.
DIRECTIONS Enter the Round House Park development from Newmarket Road, A11 via Roundhouse Way.
At the mini roundabout turn right into Dragonfly Lane, then take the second exit at the next mini roundabout.
Turn right into Jasmine Walk and continue into Lobelia Lane then left into Catkin Close, where the property can be found at the end on the left-hand side.
AGENTS NOTE Shared Ownership means that you will purchase 60% of the property. It will remain Leasehold and as such you will pay a monthly rent to Orbit Homes on the remaining 40%.
It may be possible to purchase further shares in the property to reach 100% ownership. For further information please contact the office.
Please be advised that all interested parties must register with Orbit Homes to confirm eligibility for the Shared Ownership scheme.
LOCAL AUTHORITY South Norfolk COUNCIL TAX BAND B DISCLAIMER While we have made diligent efforts to ensure the accuracy of the information relating to each property at the point of listing, you are advised to consult the official local council website for details on conservation areas, flood risks, tree preservation orders, planning applications, and other relevant aspects.
These details are for guidance purposes only and we do not seek advice from the seller's legal representative in their preparation.
We also strongly advise that you inspect the property and surrounding area on Google Maps and Street View prior to viewing.
The photographs do not infer that items shown are included in the sale, the measurements quoted are approximate and the fixtures, fittings and appliances have not been tested, therefore no guarantee can be given that they are in working order.
If there is any point which is of particular importance to you then please obtain professional confirmation of it.
GDPR Should you wish to view one of our properties, we will require certain pieces of personal information from you in order to provide a professional service to you and our client, the seller.
The personal information you provide to us will be shared with the seller, but it will not be shared with any other third parties without your consent.
Should you wish to proceed and make an offer on a property, some of the personal information you provide to us will be passed to the seller.
Again, it will not be shared with any other third parties without your consent. More information on how we hold and process your data is available upon request or on our website.
LETTINGS SERVICES We offer a professional, ARLA accredited Lettings and Management Service via our affiliated agency, Habi Property.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free, no obligation review of your current portfolio then please contact the office to discuss this further.
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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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 advisers 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.
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About Catkin Close, Cringleford
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