4-bedroom detached house · IP20 9FN
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 29 JULY TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE Vacant farmhouse with barn and land with potential building opportunities subject to planning permission.
Situated in a plot of 0.5 acre (stms) in the centre of Harleston This vacant substantial farmhouse and derelict barn is situated in a plot measuring 0.5 acre (stms).
The farmland surrounding the property has been sold for development to Lovells Homes and the farmhouse requiring renovation is the final part of sale.
This would make an ideal project for builder/developer as the plot offers substantial opportunity for development subject to the necessary planning.
Along with the conversion of the existing farmhouse, barn and annexe to the rear of the main property the plot holds potential for further development. An exciting opportunity worth viewing.
Farmhouse Entrance hall, kitchen, three reception rooms, rear hall, utility room, rear hall, stairs to first floor, landing, four bedrooms and bathroom Barn Used for storage, offering potential for redevelopment subject to planning permission being granted.
Annexe A further garage/store which would make an ideal annexe subject to necessary planning consent.
Exterior The garden offers a large driveway with ample parking which could offer potential for further development if planning permission was sought.
Both the barn and farmhouse have a garden stretching beyond, measuring approximately 0.5 acre (stms) Council Tax Band E Viewings We are in the area on the following dates and viewings are available by appointment only.
Fri 03 July Thu 09 July Tue 14 July Thu 16 July Thu 23 July Please contact the Norwich Office to book your appointment time Tenure: Freehold EPC Rating: E Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1500 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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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 Briar Farmhouse, Wellington Avenue, Harleston, Norfolk IP20 9FN
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