Manor Garden Bungalow, Church Street, Old Catton, Norwich, Norfolk NR6 7DR

Description

Highly desirable detached bungalow in sought after location An attractive two bedroom detached bungalow occupying a tucked away position in the sought after suburb of Old Catton now offered with vacant possession and presenting scope for further enhancement or extension, subject to planning permission. The property which was previously let has been well maintained, has gas central heating and is fully double glazed. There is ample off road parking, a delightful garden and views of the historic church and Manor House. This versatile opportunity would be ideal for private buyers, investors or those wishing to further develop the existing bungalow.

Location

Manor Garden Bungalow, Church Street, Old Catton, Norwich, Norfolk NR6 7DR. Located in the NR6 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Strategy Recommendation

Initial strategy: Development. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended development strategy with adequate contingency.

Strategy Rating

Development: ★★★★☆ | Resale: ★★★★☆ | Buy-to-Let: ★★☆☆☆