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See how verdicts work3-bedroom bungalow · PE32 2AP
For saleReduced £30k (−15%) on 21 OctListed 381 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated right in the heart of the historic sought after village of Castle Acre, Longsons are delighted to bring to the market this link-detached three bedroom bungalow.
The property would benefit from updating but has loads of potential, currently offering three double bedrooms, two shower rooms, garage and storeroom. Available - chain free!
Viewing highly recommended. Briefly the property offers entrance hall, lounge, kitchen, three double bedrooms, two shower rooms, storeroom, garage, double glazed windows and electric storage heating.
Entrance Hall Composite double glazed stable style door to front, loft access, double glazed stable style door to rear, three storage heaters.
Sitting Room - 18'8" (5.69m) x 16'1" (4.9m) Double glazed bow window to front, two storage heaters.
Kitchen - 11'8" (3.56m) x 9'0" (2.74m) Modern fitted kitchen units to walls and floor, work surface over, stainless steel one and a half bowl sink unit with mixer tap and drainer, integrated ceramic hob with extract the hood over, integrated electric oven, space and plumbing for washing machine, double glazed window to rear, storage heater.
Bedroom One - 12'8" (3.86m) x 9'1" (2.77m) Double glazed window to rear, storage heater. Bedroom Two - 11'4" (3.45m) x 9'3" (2.82m) Double glazed window to front, storage heater.
Bedroom Three - 8'3" (2.51m) x 7'11" (2.41m) Double glazed window to front, storage heater.
Shower Room #1 Large walk in shower cubicle with Aquilesa water controls, wash basin set within fitted cabinet, WC, vertical towel radiator, obscure glass double glazed window to front.
Shower Room #2 Large shower cubicle, wash basin, WC, obscure glass double glazed window to rear, storage heater.
Storeroom - 13'7" (4.14m) x 4'5" (1.35m) Hot water cylinder, double glazed window to rear, personnel door to garage.
Garage - 19'5" (5.92m) x 11'1" (3.38m) Motorized main door to front, electric light.
Agent's Notes EPC rating F37 (Full copy available on request) Council tax band B (Own enquiries should be made via Breckland District Council) what3words /// confined.repaying.ship Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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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
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FAQ
About The Old Stables, Drury Lane, Kings Lynn
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