3-bedroom bungalow · NR8 6EQ
Sold STCListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Iconic are delighted to offer for sale this well-presented three-bedroom detached family home, occupying an attractive position in Drayton with open field views to the rear.
The property is offered in good condition throughout and enjoys a unique split-level layout.
Accommodation begins with an entrance hallway providing access to all three bedrooms, the family bathroom, a useful storage cupboard, and stairs leading down to the main living space.
All bedrooms are well-proportioned, with the second bedroom benefitting from a range of built-in wardrobes.
The family bathroom features a modern three-piece suite comprising a panelled bath with shower over, low-level WC, and wash hand basin set within a vanity unit.
The main sitting room is a superb family space, enhanced by a vaulted ceiling and feature fireplace.
Sliding doors enjoy attractive views across open fields and provide direct access to the patio and decking areas. Additional doors lead to the ground floor shower room, rear dining room, and kitchen.
The dining room is an impressive entertaining space measuring in excess of 20ft, flooded with natural light from four Velux windows and further benefitting from French doors opening onto the rear garden.
Centrally located, the kitchen features a range of modern high-gloss units with work surfaces over, an integral composite sink and drainer, built-in electric oven and grill, separate electric hob with splashback, and stainless steel extractor hood.
The kitchen also benefits from ceramic tiled flooring, two Velux windows, and inset spot lighting.
Completing the ground floor is a shower room fitted with a shower cubicle, low-level WC, and wash hand basin, along with ceramic tiled flooring and a Velux window.
Externally, the property is set back from the road and benefits from a driveway providing ample off-road parking, leading to a carport.
To the rear is a beautifully maintained mature garden enjoying stunning open field views.
The garden features raised decking and patio areas with steps leading down to a lawn, complemented by established flower and shrub borders and low-level fencing to maximise the outlook.
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 School Road, Drayton, Norwich
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