2-bedroom terraced house · NR12 0NE
Listing removedListed 192 daysAuction 7 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION FOR £73,000 Two bedroom terrace house in a popular coastal village just a few steps from the sandy beach This vacant mid terrace house has been tenanted for a number of years but is now vacant and is in need of updating and redecoration.
The property has a large open plan living area and kitchen, with two bedrooms and a bathroom on the first floor. The property is double glazed has electric heating and a long rear garden.
There is off road parking and it is situated just a short walk from the beach and is therefore ideal for holiday use or investment.
Ground Floor Entrance lobby, lounge with broad opening to Kitchen/dining area. First Floor Landing, two bedrooms, bathroom. Outside Front garden, off road parking.
Long rear garden in need of attention.
Council Tax Band A Viewings Viewings are being organised by appointment only at the property and the next are Tuesday 28 April Please call the Norwich Office to arrange your appointment time.
Tenure: Freehold EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £600 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
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 71 Coastline Village, Ostend Road, Walcott, Norwich, Norfolk NR12 0NE
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