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See how verdicts work3-bedroom bungalow · NR12 9JW
For saleReduced £110k (−27.5%) on 30 SepListed 422 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are pleased to offer this spacious three/four bedroom detached chalet bungalow situated in the delightful North Norfolk rural village of East Ruston.
This beautifully positioned property sides onto open countryside and offers accommodation including a entrance porch, hall, impressive 6.8m lounge, garden room, kitchen/diner, utility, three bedrooms, bathroom and a first floor bedroom/sitting room.
The property offers oil fired central heating, uPVC sealed unit double glazed windows, driveway parking, double garage and a generous mature garden.
Offered with no onward chain, early viewing is highly recommended as properties of this type and location rarely become available.
Entrance Porch (3.04m x 1.58m (9'11" x 5'2")) Part glazed entrance door, windows to front and side aspects, tiled flooring, power points, door giving access to; Hallway Power points, radiator, under stair cupboard, doors leading off; Kitchen/Diner (7.38m x 2.77m at max (24'2" x 9'1" at max)) Window to front and side aspects, a range of modern fitted kitchen units with rolled edge work surface and tiled splash back, stainless sink drainer with mixer tap, ceramic hob, extractor, electric double oven, door giving access to; Utility Room (1.8m x 2m (5'10" x 6'6")) Window to side aspect, part glazed door to rear garden, oil fired boiler for hot water and central heating, fitted work surfaces, power points, plumbing for washing machine.
Lounge (6.88m x 4.95m reducing to 4.32m (22'6" x 16'2" red) A spacious double aspect room with window to side aspect and glazed French doors to rear garden, two radiators, power points, television point, wall lighting, brick built fireplace surround with timber mantle, glazed French doors giving access to; Garden Room (5.12m x2.69m (16'9" x8'9")) Rear facing windows and sliding patio doors to garden, Polycarbonate roof, wall lighting, power points.
Bedroom 1 (3.58m x 3.36m at max (11'8" x 11'0" at max)) Window to front aspect, radiator, power points, fitted shelving, airing cupboard with radiator.
Bedroom 2 (3.24m x 2.93m (10'7" x 9'7")) Window to side aspect, radiator, power point.
Bedroom 3 (3.97m at max x 2.58m (13'0" at max x 8'5")) Glazed French doors to rear garden, radiator, power points.
Bathroom Obscure glazed window to rear aspect, part tiled walls, low level w.c., panelled spa bath, pedestal hand wash basin, tiled shower cubicle with electric shower, radiator.
First Floor Bedroom/Sitting Room (6.8m at max x 4.21m (22'3" at max x 13'9")) (With some restricted headroom), Window to rear aspect allowing a superb open view beyond the rear garden to open countryside, access to roof eaves storage space, power points, radiator, door to loft area, walk-in cupboard of landing with fitted hanging rails and light.
Outside The property occupies a generous plot in this rural position, siding on to open countryside, vehicular access via a tarmac driveway leading to double garage with ample parking and turning space.
Double Garage (5.2m x 4.84m (17'0" x 15'10")) With power and lighting, two front facing up and over doors.
Gardens The property offers lawned gardens to the front and rear, nicely enclosed with a variety of mature hedgerow and close board panel fencing to boundarie and an attractive mature Willow tree.
To the rear of the property is a split level patio area and to the side, an open fronted timber store. Tenure Freehold. Services Mains water, electric and drainage.
Council Tax North Norfolk District Council - Band: C. Location East Ruston is a delightful rural village located between Broadland and the North East coast.
The Broadland town of Stalham is approxiamately 3.5 miles away with its own facilities including a Health Centre, Junior and High Schools, Post Office, Tesco Supermarket and a range of High Street shops and food outlets.
East Ruston itself has a First school and a public house. The nearby East Ruston Vicarage Gardens are a famous visitor attraction.
Agents Note Due to some evidence of historic structural movement, the property has just been monitered for a 6 month period by assessors on behalf of an insurance company and it was found that there is now evidence of current and ongoing subsidence.
More information available on request via our Stalham office Reference Pjl/S9919
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.
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About The Bungalow, Honing Road, Norwich
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