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See how verdicts work2-bedroom house · IP25 6EG
No longer listedReduced £10k (−3.7%) on 21 JunListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**featured in the big open house event, viewings Saturday 25th April 2026 from 1PM, by appointment only, call to book** This spacious two-bedroom bungalow, formerly configured as a three-bedroom home, has been thoughtfully redesigned to create larger, more versatile living areas.
Situated on the desirable Sharman Avenue, the property enjoys a convenient location close to Watton town centre and its range of local amenities.
An additional benefit is the privately owned solar panels, offering improved energy efficiency and reduced running costs.
The property is entered through a welcoming entrance porch, which leads directly into the generously sized lounge and dining area.
This well-appointed space provides an ideal setting for everyday living and entertaining.
From here, double doors open into the bright conservatory, which enjoys attractive views over the garden and the far-reaching fields beyond.
The kitchen is positioned at the front of the property and is fitted with a breakfast bar, integrated fridge and freezer, oven, induction hob, and microwave.
A side door offers access to the side porch, currently utilised as a practical utility area. There are two comfortable double bedrooms, both of which benefit from beautiful field views to the rear.
The bedrooms are served by a modern shower room, complete with a vanity sink unit, WC, and a useful storage cupboard.
Externally, the bungalow offers a driveway providing ample offroad parking leading to the garage. The front garden is laid to lawn, creating a neat and welcoming frontage.
The enclosed rear garden features a paved patio area and a pond; all set against the backdrop of stunning open field views.
Watton boasts a range of traditional amenities including a post office, supermarkets, doctors surgery, chemist, infant, junior and secondary schools all within reach.
There is a weekly town market, Watton Sports Centre offers a fitness suite, all weather courts, badminton, squash and snooker facilities while Richmond Park Golf Club has an 18-hole course, driving range and practice green.
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 23, Sharman Avenue, Thetford
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