5-bedroom detached house · NR28 0JS
For saleListed 19 daysAuction 21 Oct · today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Substantial five bedroom detached house in need of updating and redecoration
Set in almost half an acre with views over open farmland, this impressive detached two storey house offers spacious and highly adaptable accommodation, together with considerable potential for improvement and modernisation.
The property provides three reception rooms, a large kitchen and conservatory on the ground floor, with five bedrooms and two bathrooms arranged over the first floor.
The house would now benefit from a programme of general updating and modernisation, it retains excellent proportions and offers an exciting opportunity for a purchaser to create a substantial and individual family home.
Outside, the property occupies a generous plot extending to almost half an acre, providing extensive gardens and grounds together with an integral double garage and further brick outbuilding.
Tenure
Freehold
Ground Floor
Hall, cloakroom, sitting room, lounge, dining room, conservatory, kitchen/breakfast room, utility
First Floor
Landing, four bedrooms, two bathrooms (one with en-suite) Second staircase to landing and to bedroom five
Outside
Large gardens in need of attention with ample parking double garage and brick out building. Approximately 0.44 acre. stms.
Council Tax Band
E
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
North Norfolk District Council
Solicitors
Leathes Prior (The Close), Ref: Rachael Hughes, Tel: 01603 281004
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - £1200 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 Vercot, Cromer Road, Felmingham, North Walsham, Norfolk NR28 0JS
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