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 work2-bedroom bungalow · NR10 4LS
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £200,000 - £210,000.
Situated in the ever-popular town of Reepham, this well-positioned two-bedroom semi-detached bungalow presents an excellent opportunity for buyers looking to put their own stamp on a home.
Ideal for first-time buyers, downsizers, or investors, the property is offered with great potential and no onward chain.
The accommodation begins with a welcoming entrance hall featuring a useful storage cupboard and providing access to all principal rooms.
The spacious living room offers a charming fireplace as a focal point, while the fitted kitchen is equipped with a range of base and eye-level units.
An extension to the rear creates a pleasant dining area, ideal for everyday living and entertaining.
The property offers two well-proportioned bedrooms, including a generous double and a comfortable single, both served by a family bathroom.
Outside, the front of the property benefits from off-street parking and a detached single garage, providing additional parking or useful storage space.
To the rear, the good-sized garden is mainly laid to lawn and features a patio area, offering plenty of space to relax or enjoy outdoor dining.
Offered for sale with no onward chain, this is a fantastic opportunity not to be missed. Contact us today to arrange your viewing. Services Electric storage heaters.
Mains water, electricity, and drainage are connected. For room measurements please click on the floor plan option.
Situation Reepham is a popular and historic Broadland market town located approximately 13 miles from Norwich city centre.
The town hosts numerous local businesses and independent local shops, as well as two popular public houses / hotel in the Market Place.
There is a renowned secondary school and sixth form college together with many other useful amenities.
The beautiful North Norfolk coast and various beaches are within easy driving distance from Reepham.
For further information and to arrange your viewing, please contact our friendly and professional staff.
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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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
FAQ
About Richmond Rise, Reepham
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