2-bedroom bungalow · NR12 7EJ
Listing removedReduced £10k (−5.9%) on 30 JunListed 163 days
Opportunity summary
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About
Chain-free over 55s bungalow set within a popular and peaceful development in the highly sought-after Broadland village of Horstead.
The property offers well-presented accommodation including a bay fronted lounge/dining room, fitted kitchen, two bedrooms and a shower room, along with a private rear garden and access to well-maintained communal grounds.
With parking, window cleaning, buildings insurance and communal maintenance included within the service charge, the bungalow provides a comfortable, low maintenance lifestyle and is ready for immediate occupation.
Situated within a welcoming over 55s development, this attractive bungalow offers bright and practical accommodation ideal for those seeking a manageable home in a tranquil setting.
The property is entered via a welcoming entrance hall with a built-in storage cupboard and access to all principal rooms.
The spacious lounge/dining room is positioned to the front of the property and benefits from a bay window that fills the room with natural light, creating a pleasant and inviting space suitable for both everyday living and entertaining.
The fitted kitchen is arranged with a range of wall and base units, work surfaces and space for appliances.
A window overlooks the private rear garden, providing a pleasant outlook while preparing meals.
There are two bedrooms, including a generously sized main bedroom featuring built-in wardrobes and cupboards offering excellent storage.
The second bedroom is a versatile room, ideal for use as a guest bedroom, home office or hobby room. Completing the accommodation is a shower room fitted with a shower cubicle, wash basin and WC.
Outside, the bungalow enjoys a private enclosed rear garden, providing a quiet area for sitting out and relaxing.
Residents also benefit from beautifully maintained communal gardens and residents’ parking located to both the front and rear of the development.
The property is managed by FirstPort, with a maintenance charge of £242 per month for ten months (£2,420 per annum), covering communal maintenance, window cleaning, buildings insurance and a pushbutton callout system to a named contact.
Location Horstead is a highly desirable Broadland village located just north of Norwich, well known for its picturesque riverside setting along the River Bure.
The village is home to the historic Horstead Mill and offers scenic countryside surroundings, peaceful riverside walks and a popular local pub.
The nearby village of Coltishall provides a wider range of amenities including shops, cafés, a doctor’s surgery and a selection of well-regarded riverside restaurants.
With convenient access to Norwich, the Norfolk Broads and surrounding countryside, Horstead offers an appealing blend of village charm, natural beauty and everyday convenience.
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 20, Havergate, Norwich
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