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See how verdicts work2-bedroom semi-detached house · NR29 3QJ
Sold STCListed 114 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 AT 10AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE Two bedroom semi detached cottage requiring updating Located just inland from the picturesque Norfolk coastline this charming cottage now requires a program of updating and redecoration.
The property which has two reception rooms and a kitchen on the ground floor has two bedrooms and a large bathroom on the first floor. There is also a useful loft studio.
Off road parking lays to the side and there is a sheltered rear garden.
Local shops and community facilities are available nearby whilst a more comprehensive range of facilities can be found in the coastal village of Caistor and Town of Greta Yarmouth.
Ground Floor Hall, lounge, dining room, kitchen First Floor Landing two bedrooms, bathroom staircase to loft room Outside Off road parking to side, fully enclosed rear garden with garden shed Tenure: Freehold EPC Rating: F 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.
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 1 Gordon Cottages, Scratby Road, Scratby, Great Yarmouth, Norfolk NR29 3QJ
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