3-bedroom semi-detached house · NR9 3LT
Sold STCListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25 MARCH AT 10AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE Three bedroom ex-local authority house in need of updating situated in the desirable village of Bawburgh to the west of Norwich.
A three bedroom ex-local authority house situated in desirable village well known for its historic bridge over the River Yare, great community atmosphere, public house and church.
Situated on the west side of Norwich making it easy to commute to the city and hospital.
The property has been owned by the current occupier for a number of decades and is now being sold for ventures new.
The house offers spacious accommodation which could be enhanced with some updating, décor and floor coverings. Outside has recently had new fencing and paving laid in the garden.
along with new oil tank. This would make an ideal project from someone wanting to put their own stamp on a property or as an investment buy to let purchase.
This purchase is all about the location and viewings strongly recommended.
Ground floor Entrance hall, sitting room, dining room, kitchen, bathroom, First floor Landing leading to three bedrooms Exterior A sloped gravel driveway provides parking for a couple of vehicles with raised flower beds in the front garden and steps to front entrance door.
The newly erected fencing and gate provides access to the rear garden which is of a good size and is laid to lawn. There are two areas of paved patio strategically placed for catching the sun.
Viewings Viewings are available by appointment on the following days: Monday 2 March Friday 6 March Tuesday 10 March Thursday 12 March Wednesday 18 March Friday 20 March Please contact the Norwich office to book your appointment time Tenure: Freehold EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1140 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 5 Harts Lane, Bawburgh, Norwich, Norfolk NR9 3LT
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