We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · NR9 5RR
Sold STCListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***village location and A generous plot*** Iconic estate agents are pleased to bring to the market this immaculately presented three bedroom detached bungalow in the sought after semi-rural village location of Lyng, to the outskirts of Norwich.
The property is situated on a plot in excess of ¼ acre and boasts generous lateral living accommodation that comprises; spacious entrance hall with doors to all the internal rooms and the three piece family bathroom suite which offers a shower over the bath.
There is a generous 25ft lounge/diner with dual aspect windows and a recently installed wood burning stove.
The three bedrooms are all of a good size with two being generous double rooms and both with fitted wardrobes.
There is a recently re-fitted 15ft kitchen with an eye level oven, electric hob and a range of base units. The conservatory overlooking the rear garden completes the internal accommodation.
Outside the property offers ample parking to the front and side of the bungalow along with a single garage.
The mature rear garden offers an array of shrub and plant boarders with a lawn garden being completely enclosed and private.
The village is situated just 12 miles from Norwich City centre and 6 miles from East Dereham and offers the local residents a village shop and tea room along with a petrol station/garage, primary school and a recently renovated local pub.
We strongly advise an internal viewing so call Iconic today.
Value & comps
No previous sales on record.
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 asking
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 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.
Area
Agent & docs
.png){kind=logo}
FAQ
About Bishops Pawn, Elsing Road, Norwich
Explore nearby
