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See how verdicts work3-bedroom semi-detached house · NR13 6TN
Listing removedListed 378 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY The perfect way to get on the property ladder! This leasehold property enjoys 60% Shared Ownership with Flagship Housing.
Step inside this stylish semi-detached home, where a welcoming hallway leads to a bright lounge - ideal for relaxing evenings.
Beyond, the kitchen/diner is fitted with integrated appliances and offers French doors opening out to the south-facing garden. A handy ground floor WC completes the downstairs.
Upstairs, you'll find 3 bedrooms off the landing including a 13'3 main bedroom, along with a well-appointed family bathroom with shower over bath.
Perfectly suited to first-time buyers, this home offers a practical yet stylish layout - call now to view!
OUTSIDE Located at the end of a cul-de-sac within a popular modern development, this home enjoys a generous and enviable plot.
The front offers a substantial driveway providing off-road parking for multiple vehicles, a rare find for a modern development! A side gate leads through to the approx. 30' max.
south-facing rear garden, which is fully landscaped and wraps around the side of the property to offer additional outdoor space.
It features a patio seating area for alfresco dining, an area of lawn and raised planted borders - creating a stylish, low-maintenance retreat.
LOCATION Rackheath is a well-connected village situated approximately 6 miles northeast of Norwich, offering a balanced mix of countryside charm and everyday convenience.
With local amenities including a primary school, shop with post office, pub, and popular sports park, the village provides an excellent family-friendly environment.
The Broadland Northway (NDR) ensures swift access to the city, A47 and Norwich Airport, while nearby Wroxham opens the gateway to the Norfolk Broads.
Surrounded by scenic landscapes and benefiting from ongoing infrastructure improvements, Rackheath is an increasingly popular location for those seeking a relaxed yet connected lifestyle on the edge of Norwich.
DIRECTIONS Leave the city heading north-east along Salhouse Road. At the roundabout take the second exit to stay on Salhouse Road.
Turn right onto Spencer Road, then take the first left onto Hewer Close. Follow Hewer Close to the end, then turn left where the property will be on your left-hand side.
SHARED OWNERSHIP Shared Ownership means that you will purchase 60% of the property. It will remain Leasehold and as such you will pay a monthly rent to Flagship Housing on the remaining 40%.
It will be possible to purchase further shares in the property to reach 100% ownership. Please contact the branch for further information.
SECTION 21- CONNECTED PERSON Please be advised the seller is connected to an employee of Hammond & Stratford Estate Agents.
AGENTS NOTE We have been advised by the Seller that the property is Leasehold and there are 986 years remaining on the lease. Service Charges of approx. £376 per month apply.
LOCAL AUTHORITY Broadland COUNCIL TAX BAND C DISCLAIMER While we have made diligent efforts to ensure the accuracy of the information relating to each property at the point of listing, you are advised to consult the official local council website for details on conservation areas, flood risks, tree preservation orders, planning applications, and other relevant aspects.
These details are for guidance purposes only and we do not seek advice from the seller's legal representative in their preparation.
We also strongly advise that you inspect the property and surrounding area on Google Maps and Street View prior to viewing.
The photographs do not infer that items shown are included in the sale, the measurements quoted are approximate and the fixtures, fittings and appliances have not been tested, therefore no guarantee can be given that they are in working order.
If there is any point which is of particular importance to you then please obtain professional confirmation of it.
GDPR Should you wish to view one of our properties, we will require certain pieces of personal information from you in order to provide a professional service to you and our client, the seller.
The personal information you provide to us will be shared with the seller, but it will not be shared with any other third parties without your consent.
Should you wish to proceed and make an offer on a property, some of the personal information you provide to us will be passed to the seller.
Again, it will not be shared with any other third parties without your consent. More information on how we hold and process your data is available upon request or on our website.
LETTINGS SERVICES We offer a professional, ARLA accredited Lettings and Management Service via our affiliated agency, Habi Property.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free, no obligation review of your current portfolio then please contact the office to discuss this further.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Hewer Close, Rackheath
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