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See how verdicts work3-bedroom bungalow · IP24 1BB
Listing removedListed 438 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
3-bedroom detached bungalow boasting a family bathroom and a generously sized lounge / diner, perfect for both relaxation and entertaining.
Situated conveniently close to town and local amenities, its prime location offers easy access to the A11 and A134.
With gas heating and a garage with a driveway, this property provides both warmth and practicality to its future owners.
In addition to its desirable attributes, this home is also chain-free, offering a smooth transition for potential buyers.
Don't miss the opportunity to make this bungalow your new home; call now to arrange a viewing and secure this fantastic property before it's gone!
EPC Rating: D Hallway (5.31m x 1.13m) Doors to lounge / diner, kitchen, family bathroom, and all bedrooms, with two radiators, carpet flooring, and access to loft via ceiling hatch.
Lounge / Diner (3.57m x 5.43m) Windows to front, rear, and side, with radiator.
Kitchen (5.32m x 2.89m) Window to rear, matching wall and base units with worktop over, inset 1.5 bowl sink unit with mixer tap over and separate water faucet, tiled splashbacks, with space for a cooker and several further undercounter appliances, with tiled flooring, and door to rear garden.
Bathroom (1.68m x 2.10m) Frosted window to side, bath with mixer tap and separate mixer tap shower over, low level W/C, wash basin with mixer tap over, with full wall tiling, radiator, and wood effect vinyl flooring.
Bedroom 1 (3.36m x 3.63m) Window to front, with radiator. Bedroom 2 (2.83m x 3.61m) Window to front, with radiator, and carpet flooring.
Bedroom 3 (2.66m x 2.69m) Window to front, with radiator, and carpet flooring.
Agents Note This property falls under a C band for the local council tax and costs approximately £2,123.69 per annum for 2025/26.
The property has suffered from subsidence in the past however this has now been rectified with an insurance policy in place. For more information, please contact the office.
Please be advised that there is a Tree Preservation Order (TPO) relating to one or more trees within the boundary.
This means that the trees are protected under local authority regulations, and any works involving pruning, removal, or alteration will require formal consent from the relevant council.
Buyers are encouraged to make their own enquiries with the local planning authority should they wish to undertake any changes involving the protected trees.
Anti-Money Laundering Regulations We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £80 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
Front Garden Mainly laid to shingle, with mature shrubs, pathways leading to the front door and side access gate, and driveway leading to the timber framed garage.
Rear Garden Enclosed rear garden, mainly laid to shingle with pathways to the rear of the garden and side access gate to front, with doors to kitchen, and store room.
Parking - Garage The property benefits from a timber framed garage, with mains power and lighting connected, electric up and over door to front, and single door to side.
Parking - Driveway The property benefits from a driveway leading to the front of the timber framed garage, providing off-road parking.
Parking - On Street Further on-street parking is available on a first come, first served basis.
Disclaimer No appliances have been tested and these details and measurements are produced as a guide only and do not constitute any form of contract or warranty.
Please make your own investigations and survey as to the condition of any items mentioned. Photographs may illustrate certain items that are not included in the sale.
Viewing Strictly by an appointment via Lawson's Estate Agents.
Financial Advice Lawson's Estate Agents are able to offer an independent mortgage and insurance service free of charge and without obligation. Please call to make an appointment.
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.
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About 1-3 Water Lane, Thetford
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