3-bedroom house · NR13 4PB
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***no onward chain*** Gilson Bailey are delighted to present this three bedroom detached chalet bungalow, located in the centre of Lingwood within a popular cul-de-sac position.
The property would benefit from modernisation and offers great potential for buyers looking to update a home to their own specification.
The accommodation includes an entrance hall, kitchen and a spacious lounge/diner, there is also a third bedroom on the ground floor along with a separate bathroom and W.C.
The first floor consists of two double bedrooms. Outside, the property benefits from a generous garden, a driveway providing off-road parking and a single garage.
The property benefits from oil centeral heating, mains water and drainage.
The village of Lingwood is set within the Broads national park and offers easy access to the A47 into Norwich and the East coast.
The amenities on offer includes a general store, pub, post office and primary school, and the property is ideally located within a few minutes walk of Lingwood Railway Station.
Entrance Hall Door to the front of property, radiator, fitted carpet.
Kitchen - 12'3" (3.73m) x 9'4" (2.84m) Matching wall and base units, tile effect flooring, door to the back garden, access to pantry, window to rear of property.
Pantry - 2'8" (0.81m) x 5'7" (1.7m) Sliding door, window to side of property. Bathroom - 6'1" (1.85m) x 5'7" (1.7m) Obstructed view window, fitted bath, hand wash basin.
Cloakroom - 2'8" (0.81m) x 5'7" (1.7m) WC Bedroom Three - 8'11" (2.72m) x 7'11" (2.41m) Window to the front of property, fitted carpet, radiator.
Lounge/Diner - 21'11" (6.68m) x 12'11" (3.94m) Windows to the front and rear of property, fire place, fitted carpet, radiator.
Garage Bedroom One - 13'5" (4.09m) x 13'0" (3.96m) Window to the rear of property, fitted carpet, radiator, Bedroom Two - 13'5" (4.09m) x 12'2" (3.71m) Window to the rear of property, fitted carpet, radiator.
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
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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
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FAQ
About 4, Briar Close, Norwich
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