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See how verdicts work4-bedroom bungalow · IP25 6EZ
Sold STCReduced £25k (−8.3%) on 18 SepListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***viewings Saturday 23rd may 2026, from 1.30PM, by appointment only, call to book*** offered chain free and screened by mature hedging, this four bedroom, double-fronted detached bungalow enjoys a desirable non-estate position and sits within generous, well maintained gardens.
Providing flexible and versatile accommodation throughout, the property also benefits from extensive parking suitable for multiple vehicles.
Upon entering, you are welcomed into a spacious lobby, which provides access to the garden cloakroom and a practical laundry room.
The kitchen is well appointed with a comprehensive range of base and wall units, along with an integrated hob, oven, and a useful walk-in pantry.
The duel-aspect lounge enjoys views over the surrounding gardens from both windows, creating a bright and inviting living space.
An inner hallway leads to two built-in storage cupboards and four well proportioned double bedrooms, one of which benefits from fitted wardrobes.
The accommodation is completed by a family bathroom and a separate WC. Externally, the property continues to impress.
The front is enclosed by mature hedging and features an ‘in-and-out’ driveway, providing easy access and exit.
A further driveway sits to the side of the bungalow, leading directly to the garage, while an additional gravelled parking area to the front ensures ample space for numerous vehicles.
The rear garden is generously sized, mainly laid to lawn, and attractively stocked with a variety of hedging, trees, and shrubs, offering both privacy and a wonderful outdoor space to enjoy.
Watton boasts a range of traditional amenities including a post office, supermarkets, doctors surgery, chemist, infant, junior and secondary schools all within reach.
There is a weekly town market, Watton Sports Centre offers a fitness suite, all weather courts, badminton, squash and snooker facilities while Richmond Park Golf Club has an 18-hole course, driving range and practice green.
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
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FAQ
About 40, Dereham Road, Thetford
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