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See how verdicts work2-bedroom terraced house · PE33 9SR
Sold STCListed 211 daysAuction 7 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION FOR £93,000 A two bedroom terraced bungalow ideal for someone looking for a renovation project This two bedroom terraced bungalow would be an ideal project with full renovation required.
The bungalow would require new ceilings, electrics and plumbing along with redecoration and briefly comprises lounge, kitchen, two bedrooms and bathroom. Outside there are front and rear gardens.
The property is located in Stoke Ferry which is a village in west Norfolk offering a good range of amenities including local shops, a primary school, public houses and a health centre.
Accommodation Lounge, kitchen, two bedrooms and bathroom Outside Front and rear gardens Council Tax Band A Tenure: Freehold EPC Rating: D Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 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 43 Fairfield Road, Stoke Ferry, King's Lynn, Norfolk PE33 9SR
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