Studio flat · PE37 8LF
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary >>for sale by auction!
We are delighted to present to the market this small Freehold parcel of land, situated within the highly sought-after village of North Pickenham and bordered by neighbouring gardens.
Suitable for a variety of uses, viewing is advisable! Description Don't miss out on this parcel of amenity land, located within this ever-popular and much sought-after village.
The land is accessed via a footpath, secured by fencing and would be suitable for a variety of uses and has no potential for development.
This land is adjoined by a larger parcel of land, which has planning permission for residential development. Offered for sale by Auction on Tuesday 15th December!
To register for Legal Packs and bidding instructions, please visit our website and follow the link at This is a major National Auction and comprises a total of over 300 Lots.
This sale will be a combination of lots from all our group Auction Centres.
The Auction will be a live sale offering bidders the choice to attend the venue of: The Grand Connaught Rooms, Great Queen Street, London, WC2, bid by telephone or bid online via a live streamed event where you will see the auctioneer on your screen and able to bid, provided you have registered to bid online via a live streamed event where you will see the auctioneer onyour screen and able to bid, provided you have registered to bid online.
Location Litcham is a highly sought-after village in the Breckland district of Norfolk, almost equidistant from three major market towns; Swaffham, Fakenham and Dereham, offering easy access to both the City of Norwich and market town of King's Lynn.
The village has all the necessary amenities including a Post Office, deli, Church, Methodist chapel, fish and chip shop and a health centre, together with a primary school and Litcham High School.
Also, Litcham Common is situated to the south of the village on the "Nar Valley Way" long distance footpath, which runs from Dereham to King's Lynn.
The common consists of 60 acres of mixed woodland and heath. The nearest railway station to Litcham is King's Lynn, which offers a direct route to London Liverpool Street.
Viewings Strictly by appointment with William H Brown, Swaffham.
Important Notice For each Lot, a contract documentation fee of £1,800 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property.
It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press.
The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller's instructions in respect of their indicated reserve price at the time of instruction.
The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer.
The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set.
The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries.
All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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
Agent & docs
FAQ
About Landle, Houghton Lane, Swaffham
Explore nearby