2-bedroom house · NR7 0JT
Listing removedReduced £10k (−3.8%) on 15 OctListed 407 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lovely 2-Bed, 1-Bath Bungalow With Kitchen And Spacious Living Room. Features Front And Rear Gardens Plus A Driveway.
In Need Of Renovation, This Property Offers Excellent Potential To Create A Personalised Home Perfect For Buyers Seeking A Project With Scope To Add Value.
Enquire and book online quoting reference 23521 ✨ 2-bedroom bungalow with huge potential – norwich ✨ This 2-bedroom, 1-bathroom bungalow presents an exciting opportunity for buyers looking to create a home full of potential The accommodation includes a spacious living room, kitchen, family bathroom, and two bedrooms , all ready for modernisation and personalisation Externally, the property benefits from a drive, front garden, and a generous rear garden , offering ample space for outdoor living, extensions, or even a potential second plot (STPP).
The neighbouring properties demonstrate the scope for double extensions and additional buildings , making this a rare opportunity in a prime Norwich location 📍 Location – NorwichSituated in Norwich , the property is ideally placed to enjoy the city’s wide range of amenities , including excellent restaurants, cafés, shops, universities, leisure facilities, cinemas, and theatres The city also boasts historic landmarks, riverside walks, and two magnificent cathedrals , combining rich heritage with modern convenience With excellent schools, healthcare, and transport links , Norwich is a thriving and desirable place to live, offering both lifestyle and investment potential.
🔨 Investment & Development Potential Priced below market value for a quick sale Scope for extensions and additional building projects Potential to create a second plot within the grounds Ideal for first-time buyers, investors, or developers seeking a rewarding project This property is a rare project with enormous scope.
Available now – early viewing is highly recommended to fully appreciate the potential on offer! Council Tax Band The council tax band for this property is B.
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
FAQ
About 1, Thor Close, Norwich
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