Modern Method of Auction
Auction date not yet published
1-bedroom terraced house · NR14 6FJ
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stylish one bedroom groundfloor apartment that enjoys a peaceful setting within the exclusive Heckingham Park Estate, combining modern convenience with excellent resident facilities, making it an ideal first step onto the property ladder or a ready-to-go investment opportunity.
Situated within the highly sought-after Heckingham Park Estate, this stylish one-bedroom ground floor apartment presents an excellent opportunity for first-time buyers, downsizers, or investors alike.
Offered with no onward chain, the property has previously proved a successful rental investment and is now ready to become a superb starter home.
The accommodation is well-presented throughout and comprises an entrance hall, a bright and welcoming sitting room, a fitted kitchen, a generous double bedroom, and a modern shower room.
Practical storage is provided via an internal store cupboard, while the ground floor position offers ease of access and convenience.
A particularly attractive feature of the property is its location within the exclusive Heckingham Park Estate, where residents enjoy access to a range of leisure facilities including tennis courts and a gymnasium, creating an enviable lifestyle setting.
Externally, the apartment benefits from two allocated parking spaces, a rare advantage for a property of this size.
Combining stylish accommodation, desirable estate facilities, excellent parking provision and a chain-free position, this excellent apartment is one not to be missed.
Agents Note : Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Heckingham Park Drive, Hales, Norwich, Norfolk, NR14
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