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See how verdicts work4-bedroom house · NR28 9DQ
Listing removedListed 117 daysAuction 23 Jul · ended
Opportunity summary
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About
For sale by auction 23rd July 2026 at 12:00 £220,000 Plus Freehold vacant four bedroom detached house with lapsed planning permission for the subdivision into two dwellings Location & Description The property comprises a detached four-bedroom Victorian period house arranged over two floors.
The accommodation currently includes two reception rooms, a kitchen, utility room, and ground floor WC, with four bedrooms at first-floor level along with a five piece family bathroom.
The principal bedroom benefits from an adjoining room suitable for use as a dressing room or home office. The high ceilings throughout are characteristic of the property's period origins.
Externally, the property benefits from a private rear courtyard extending to approximately 36 sqm, together with off-street parking for one vehicle.
The property is situated in the heart of the historic market town of North Walsham, offering convenient access to a wide range of local amenities, shops, cafs and supermarkets.
The town centre is within easy walking distance, with facilities including Coffeesmiths, Shambles Bar Bistro and Morrisons Daily.
The area benefits from excellent transport links, including a railway station providing services to Norwich and the North Norfolk coast, while a selection of well-regarded schools, leisure facilities and community services are also nearby.
North Walsham is ideally positioned between the scenic Norfolk Broads and the North Norfolk coastline, making it an attractive location for both families and commuters.
Note Auction Surveyor: Bryn Nettle Contact: Planning On 9th Feb 2015, under reference pf/14/1639, Planning permission via North Norfolk District Council was approved for: "Subdivision of existing dwelling to two dwellings"
Value & comps
No previous sales on record.
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Returns
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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
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FAQ
About 2, Vicarage Street, North Walsham
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