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See how verdicts work4-bedroom house · NR9 4LL
Listing removedListed 75 daysAuction 18 Dec · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction on Wednesday, 09 Sep 2026 at 10:00 Venue: Livestream Auction Desirable four bedroom detached bungalow in 0.43 acre (stsm) garden in popular Hingham west of Norwich.
The property is in need of complete renovation and has planning to be demolished and rebuilt This non-estate detached bungalow believed to have been built in the 1950s now requires complete renovation.
This secluded plot extends to 0.43 acre (stms) and includes a natural pond. Outside there is useful workshop, garage and ample off-road parking areas.
The property was purchased in 2020 and the owners had plans drawn to demolish and rebuild on the site providing a larger property for themselves but have decided not to proceed with these plans.
Planning for the rebuild was granted in December 2023. The existing plans are for a high specification substantial four bedroom bungalow which would enhance the plot.
Hingham is a popular village to the west of Norwich well served by local shops and community facilities and a regular bus service in to Watton, Attleborough and Wymondham larger towns with further amenities.
Accommodation Hall, lounge, dining room, kitchen, conservatory, four bedrooms, bathroom, shower room Exterior Large garden in need of attention, 0.43 acre (stms) with pond, overgrown garden areas, workshop and adjoining garage/store.
Planning Planning to be demolished and rebuilt was granted by Breckland Council Ref: 2023/1904 on 18 December 2023.
Viewings We are in the area on the following dates and viewings are available by appointment only.
Thu 13 August Thu 20 August Wed 26 August Tue 18 August Thu 03 September Please contact the Norwich Office to book your appointment time Council Tax Band D EPC Rating: F Additional Fees Buyers Premium: £1140 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts. Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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
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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.
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FAQ
About 7 Bears Lane, Hingham, Norwich
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