3-bedroom bungalow · IP25 6DH
For saleReduced £25k (−7.7%) on 17 OctListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious three-bedroom detached bungalow situated within walking distance of the popular market town of Watton.
Set slightly back from the road and offering ample off-road parking, this versatile home provides generous accommodation, making it ideal for growing families or those seeking flexible living space.
An attractive bay-fronted entrance welcomes you into the property, where a long central hallway provides access to the principal rooms.
To the left is a bright and inviting lounge featuring a beautiful bay window overlooking the front garden and a charming open fireplace, creating a cosy atmosphere during the colder months.
Opposite, a spacious bedroom enjoys a matching bay-fronted window, flooding the room with natural light and offering pleasant views across the front aspect.
At the heart of the home is the generous kitchen and breakfast room, a wonderful space for family life, entertaining guests and social gatherings.
The kitchen is fitted in a classic cream shaker style and offers a range of wall and base units, providing ample storage and worktop space.
Integrated appliances include an electric hob and double oven, while the open layout creates a welcoming hub of the home.
A door leads through to a useful lean-to utility area and cloakroom, adding further practicality to the property.
The bungalow offers two additional well-proportioned ground floor bedrooms, each providing comfortable accommodation and flexibility for family members, guests or home working.
These rooms are served by the family bathroom, which is fitted with a panelled bath with shower over, vanity wash basin and WC. The loft has been fully converted for an array of uses.
Outside, the property continues to impress with its mature and established gardens.
The outdoor space has been thoughtfully planted with a variety of fruit trees, seasonal roses and attractive shrubs, creating a colourful and private setting to enjoy throughout the year.
There is also a timber shed complete with power and lighting, ideal for storage, hobbies or workshop use.
A particular feature of the property is the substantial outbuilding, which has been converted into a self-contained one-bedroom unit.
This highly versatile space could be utilised as guest accommodation, a home office, a gym, studio or annexe, depending on the needs of the new owner.
With plenty of off-road parking, versatile living accommodation and excellent outdoor space, this property is perfectly suited to growing families or those seeking multi-generational living options.
Conveniently located within easy reach of Watton's amenities, shops, schools and transport links, this delightful home offers an excellent opportunity to enjoy spacious and flexible living in a desirable location.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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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 89, Norwich Road, Thetford
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