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See how verdicts work3-bedroom bungalow · NR13 5HX
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**no onward chain** Gilson Bailey are pleased to present this three bedroom detached bungalow, situated in the popular rural village of Little Plumstead.
The property offers well proportioned accommodation throughout, including an entrance porch, hallway, spacious lounge measuring, kitchen, three bedrooms, wet room and conservatory.
Whilst requiring some modernisation, the property offers excellent scope for improvement and provides an appealing opportunity for a buyer looking to update and enhance the accommodation to their own specification.
Outside, the bungalow benefits from a private rear garden, offering a good degree of privacy and plenty of potential for landscaping.
There is also off-road parking and a garage, providing useful parking and storage facilities. The property benefits from mains water and drainage.
No heating system currently installed, allowing the purchaser to choose a system to suit their requirements.
Situated in Little Plumstead, the property offers the opportunity to enjoy a more peaceful village lifestyle whilst remaining within easy reach of Norwich and the surrounding area.
With its detached position, three bedrooms, private rear garden, off-road parking, garage and excellent potential for improvement, this property presents an exciting opportunity for those looking for a bungalow they can update and make their own.
Offered for sale with no onward chain. Disclaimer To comply with Anti-Money Laundering (aml) regulations, successful buyers must complete the required aml checks and provide proof of funds.
A non-refundable fee of £60 including VAT is payable per purchaser, per transaction, including any individuals contributing or gifting funds towards the purchase.
Fees are payable for up to a maximum of two purchasers, for the transaction, any additional parties checks will be covered by these fees.
This fee must be paid directly to Gilson Bailey & Partners Ltd. All required checks must be completed before a memorandum of sale can be issued.
Notice Please note that we have not tested any apparatus, equipment, fixtures, fittings or services and as so cannot verify that they are in working order or fit for their purpose.
Gilson Bailey cannot guarantee the accuracy of the information provided. This is provided as a guide to the property and an inspection of the property is recommended.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 62, Salhouse Road, Norwich
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