2-bedroom bungalow · NR5 0DF
Sold STCReduced £10k (−4%) on 4 AugListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**offered with no onward chain** Gilson Bailey are delighted to offer this extended two-bedroom semi-detached bungalow, ideally situated in the highly sought-after suburb of Costessey and offered with no onward chain.
Offering spacious and versatile single-storey living, the accommodation comprises a welcoming entrance hall, a comfortable lounge, an impressive extended kitchen/dining room perfect for everyday living and entertaining, two well-proportioned bedrooms, and a stylish newly fitted modern shower room.
Outside, the property continues to impress with a driveway and carport providing ample off-road parking, leading to a large timber storage shed, while the generous enclosed rear garden offers an excellent space to relax, entertain or enjoy gardening.
Further benefits include double glazing and gas central heating.
Conveniently located close to local amenities, schools, transport links and easy access to Norwich city centre, this fantastic bungalow is sure to appeal to a wide range of buyers, making early viewing highly recommended.
Location Costessey can be found to the west of Norwich with a selection of amenities including good primary and secondary schooling, selection of shops, popular local pubs and restaurants, also good access to the University of East Anglia, University Hospital, A47 Southern Bypass and good public transport links in and out of the city centre.
Accommodation Comprises Front door to: Entrance Hall Doors to lounge, two bedrooms and shower room.
Lounge (5.66 x 3.47 (18'6" x 11'4")) Kitchen/Diner (5.02 x 2.77 (16'5" x 9'1")) Bedroom One (4.65 x 2.49 (15'3" x 8'2")) Bedroom Two (3.00 x 2.62 (9'10" x 8'7")) Shower Room (1.96 x 1.63 (6'5" x 5'4")) Outside Front Driveway and carport providing off road parking.
Outside Rear Patio area, lawned garden, mature plants and shrubs, large timer shed, enclosed by timber fencing. Local Authority South Norfolk District Council, Tax Band B.
Tenure Freehold Utilities Fibre to the property. Mains gas, water and electric.
Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
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
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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 12, Oval Road, Norwich
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