3-bedroom house · NR29 4PZ
Listing removedReduced £15k (−6.3%) on 12 JulListed 186 days
Opportunity summary
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About
This three-bedroom bungalow is situated in the popular village of Martham and offers spacious and flexible accommodation throughout.
The property benefits from a carport, rear garage, workshop and a generous rear garden.
Although in need of cosmetic updating, it presents an excellent opportunity for buyers looking to modernise a well-laid-out home in a sought-after location.
The property is accessed via the entrance hall, which features a window to the front aspect and provides access to the main living space.
The lounge is a good-sized room with a window to the front aspect and an additional window to the side, overlooking the carport. From here there is direct access into the kitchen.
The kitchen is fitted with a range of base and wall units with stainless steel sink, complemented by a range of worktops.
A window to the side aspect provides natural light and there is a door giving access to the side of the property. Returning to the lounge, an inner hallway leads to the bedrooms and shower room.
Bedroom one is a generous double room and benefits from an additional sitting area, which then leads into a lean-to.
Bedroom two includes built-in wardrobes and has a window overlooking the lean-to, while bedroom three enjoys a window to the rear side aspect. The shower room completes the internal accommodation.
The lean-to benefits from a window overlooking the rear garden and doors providing access to both the front and rear of the property.
Externally, the property offers a carport, a rear garage and a separate workshop set within the garden.
The rear garden is mainly laid to lawn and features a variety of mature shrubs and trees, providing a pleasant and private outdoor space.
The property would benefit from cosmetic updating throughout but offers excellent potential to create a comfortable and personalised home.
DamGate Lane is situated within the well-regarded village of Martham, which offers a wide range of local amenities including shops, schools, medical facilities and public houses.
The village is well placed for access to the Norfolk Broads and the nearby coastline, while Great Yarmouth and Stalham are easily accessible by road.
Martham combines a strong village community feel with convenient access to both coastal and countryside surroundings.
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 21, Damgate Lane, Great Yarmouth
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