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See how verdicts work4-bedroom bungalow · NR8 6QU
Sold STCReduced £15k (−3.6%) on 29 SepListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial detached chalet bungalow with self-contained annexe – Offering in excess of 1,700 sq. Ft.
Of flexible accommodation including the annexe and garage, this impressive home occupies a generous corner plot and is offered to the market with no onward chain.
Having been thoughtfully extended over the years, the property provides spacious and adaptable accommodation that will appeal to families, those requiring multi-generational living, or buyers looking for the flexibility of predominantly ground floor accommodation.
The welcoming entrance hall provides access to the majority of the ground floor rooms.
The sitting room is a beautifully proportioned space measuring almost 20', creating the perfect setting for relaxing or entertaining.
The heart of the home is the impressive kitchen/dining room, fitted with a comprehensive range of high-quality wall and base units, ceramic tiled flooring and ample worktop space.
There is room for a range cooker along with additional freestanding appliances, while French doors open directly onto the rear garden, allowing plenty of natural light to flood the room.
A separate utility room provides further storage, appliance space and additional practicality.
The ground floor offers two generous double bedrooms, including an excellent principal bedroom complete with a large walk-in wardrobe, which offers potential to be converted into an en-suite subject to any necessary consents.
A stylish family bathroom serves the ground floor and features a modern three-piece suite comprising a panelled bath, low-level WC and hand wash basin.
To the first floor are two further well-proportioned double bedrooms, both benefiting from useful eaves storage, together with a contemporary shower room fitted with a modern three-piece suite.
A real standout feature of this property is the self-contained annexe, offering exceptional versatility.
Comprising a spacious bedroom/living room, kitchenette, walk-in wardrobe and modern shower room, it is ideally suited for an elderly relative, independent family member, guest accommodation, home office or business space.
Equally, it offers excellent income potential with an estimated rental value of approximately £600-£650 per calendar month and benefits from its own independent Council Tax Band A assessment.
Outside, the property enjoys a generous corner plot with wraparound gardens that have been designed with ease of maintenance in mind, while still offering plenty of opportunity for keen gardeners to personalise the outside space.
A detached garage and driveway provide excellent parking and additional storage.
Combining generous proportions, outstanding flexibility and a highly sought-after self-contained annexe, this is a rare opportunity to acquire a home that can easily adapt to changing family needs while offering superb potential for home working, independent living or supplementary income.
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 5, Springfield Road, Norwich
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