2-bedroom bungalow · IP20 9EJ
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering spacious, versatile single-storey living with private parking, a manageable garden and the rare advantage of freehold ownership within an established over-55s community.
Property - A particularly spacious two-bedroom semi-detached bungalow, situated within an over-55s development, offering well-proportioned accommodation, private parking and a delightful, manageable garden.
Believed to be one of the largest bungalows on the site, the property also benefits from the considerable advantage of freehold ownership.
The accommodation begins with a welcoming entrance hall, leading into a comfortable sitting room, where a front-facing bay window draws in natural light and creates an inviting space in which to relax.
The sitting room is fitted with an electric storage radiator.
The kitchen is fitted with a range of wall and base units, work surfaces and an inset sink, alongside an oven, upright fridge/freezer and automatic washing machine.
A full-length fitted cupboard provides useful additional storage.
An inner hall with airing cupboard leads to two bedrooms, comprising a well-proportioned double bedroom and a smaller second bedroom, equally suited to use as a home office or hobby room.
The latter enjoys direct access to a conservatory, providing a versatile additional space with a pleasant connection to the garden. Electric heating is provided to the rooms.
Solar panels are installed on the roof. The bathroom completes the internal accommodation, fitted with a panelled bath and electric shower over, pedestal wash basin and WC.
Outside, the property enjoys a private rear garden with a bonded resin patio area, offering an appealing outdoor space without extensive maintenance.
Side access provides convenient access around the property, whilst private parking to the rear and a useful storage shed further enhance the practicality of the home.
Combining generous proportions, flexible accommodation and the benefit of freehold ownership, this is an appealing opportunity for those seeking comfortable, single-storey living within an established over-55s community.
Location - The property is situated in a small bungalow development of about 14 similar properties for the over 55's. The property is situated about 10 minutes from the town centre.
Harleston is a popular south Norfolk town with excellent amenities including shops, supermarket, schools, health and recreational facilities together with regular bus service.
Diss is about 9 miles to the west with main line railway station to London (Liverpool Street). Services - Electric Heating. The property also benefits from solar panels.
Water & Drainage are connected.
(Durrants has not tested any apparatus, equipment, fittings or services and so cannot verify they are in working order.) Local Authority - South Norfolk Council - Tax band A Agents Note - Please note that we understand that there is a lease in place however the vendor has also purchased the freehold for the property and both will be transferred upon the sale of the property.
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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FAQ
About Holly Court, Harleston
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