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See how verdicts work2-bedroom detached house · NR9 3PZ
Listing removedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the picturesque village of Hethersett, this shared ownership property offers a peaceful and idyllic setting for its residents.
The property features two bedrooms, perfect for a small family or individuals looking for extra space.
The bathroom provides a modern and functional space for relaxation, while the ground floor WC adds convenience for guests.
The open kitchen and dining room is a highlight of the property, offering a space for entertaining and cooking with ease.
The allocated parking ensures that residents have a secure place to park their vehicles. Hethersett itself is a charming village with a range of amenities including shops, cafes, and pubs.
For those who enjoy the outdoors, there are several parks and green spaces to explore. The village is also well-connected with easy access to Norwich city centre, which is just a short drive away.
Norwich, the capital of Norfolk, offers a wealth of activities and attractions for residents to enjoy.
From historic landmarks such as Norwich Cathedral and Norwich Castle, to shopping at the thriving market and high street stores, there is something for everyone in this vibrant city.
AGENT NOTES: 40% ownership- £114,000.00 60% rent- £391.88 Full market value- £285,000.00 Service charge- £51.81 Entrance Hall Kitchen Area 4.56 m x 3.05 m (15'0" x 10'0") Lounge Area 4.11 m x 3.92 m (13'6" x 12'10") Ground floor WC First floor landing Bedroom 1 4.11 m x 3.67 m (13'6" x 12'0") Bedroom 2 4.11 m x 2.55 m (13'6" x 8'4") Bathroom
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
FAQ
About Harness Maker Way, Hethersett, Norwich, Norfolk
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