3-bedroom house · NR9 4BU
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Barn is a beautifully converted two storey barn of red brick construction under a tiled roof, with over 2655 sq.ft. Of internal accommodation and situated in a plot occupying 0.65 of an acre.
The property has been lived in by the existing owners since 2000 and has been well maintained and significantly improved over the years.
The owners have also managed to retain many period features of the barn including exposed beams and internal brick walls.
Offering spacious and flexible family sized accommodation, the Barn is light and airy and enjoys views over the private courtyard and rear lawned gardens.
Of particular note are the bespoke fitted kitchen and open plan living room both of which enjoy views over the gardens and patio seating areas.
The kitchen comprises granite work surfaces, polished concrete sink, a variety of neff appliances including built in oven / microwave with hood, dishwasher and fridge.
The living room is spacious and light and offers an excellent family and entertaining space. The property is accessed via a private shingle driveway with parking for several vehicles.
To the front of the house is a large Indian mint sandstone patio seating area which lead onto the beautifully landscaped gardens which are mainly laid to lawn with shrub and hedge borders.
To the rear of the property is a private courtyard garden with further outdoor seating areas.
The Barn is privately situated yet close to the centre of the popular village of Barnham Broom which has a village shop and post office, “The Bell” public house and a hotel with club, swimming pool, sports facilities, gym, spa and two 18-hole championship golf courses.
Barnham Broom also has a thriving Primary School and both Wymondham High and Wymondham College are well regarded secondary schools for the area.
Wymondham (5 miles) provides an excellent range of local amenities and traditional shops as well as a Waitrose and a rail service to both Norwich and Cambridge.
The property offers easy access to The uea, The Norfolk & Norwich Hospital and Norwich City centre and the southern bypass (6 miles).
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
Agent & docs
FAQ
About The Barn, 73, Norwich Road, Norwich
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