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See how verdicts work3-bedroom bungalow · NR21 8JX
Listing removedListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AFTER AUCTION Three bedroom detached bungalow with large front and rear gardens A three bedroom detached bungalow on a generous plot with single garage and driveway providing ample off road parking, situated within the popular market town of Fakenham.
The property offers scope for improvement and modernisation, making this an excellent opportunity for both owner occupier and investor alike.
Accommodation comprising a side entrance door, L-shaped entrance hall, kitchen/breakfast room, sitting/dining room, three bedrooms and bathroom.
The property benefits from gas fired central heating and is situated towards the end of a no through road. Accommodation Entrance hall, sitting/dining room, kitchen, three bedrooms, bathroom.
Outside Generous front and rear gardens with long driveway providing off road parking and leading to a detached garage with up and over door.
Council Tax Band North Norfolk District Council - Band C Viewing Viewing are currently being arranged and the next available viewing appointment is on Friday 17th October .
Please call the Norwich office to book your appointment slot. Tenure: Freehold EPC Rating: C Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £960 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.
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.
Area
Agent & docs
FAQ
About 8 Charles Road, Fakenham, Norfolk NR21 8JX
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