Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · NR16 2LD
For saleReduced £15k (−6.4%) on 22 OctListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Offered with no onward chain, this three-bedroom cottage is available via Modern Method of Auction.
Featuring two reception rooms, a fitted kitchen, family bathroom, generous rear garden and ample driveway parking, the property offers excellent potential in a rural Snetterton setting.
Description Offered for sale with no onward chain, this charming three-bedroom cottage presents an exciting opportunity for buyers seeking a characterful home with scope to personalise and enhance.
Situated in the rural village of Snetterton, the property enjoys generous outdoor space, ample parking and well-proportioned accommodation throughout.
Available via the Modern Method of Auction, the property is ideally suited to those looking for a straightforward purchase with excellent potential.
The accommodation is entered via a welcoming hallway and comprises a spacious living room featuring a fireplace, parquet flooring and a front-facing window creating a bright and comfortable reception space.
A separate dining room benefits from herringbone flooring, an additional fireplace and a large window, providing an ideal setting for family meals and entertaining guests.
The galley-style kitchen is fitted with a range of units, work surfaces, stainless steel sink and cooker space.
Externally, the property stands within established gardens, with the front garden laid mainly to lawn and a particularly generous rear garden offering plenty of space for outdoor enjoyment.
A substantial driveway provides off-road parking for several vehicles.
Combining character features, countryside surroundings and excellent potential, this is a property that must be viewed to be fully appreciated by prospective purchasers.
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Hall Wc Living Room 13' 9" x 13' ( 4.19m x 3.96m ) Double glazed window to front aspect, radiator, fire place, parquet flooring Dining Room 12' 2" x 8' 9" ( 3.71m x 2.67m ) The dining room features herringbone floor, a fire place and a large window Kitchen 9' 9" x 6' 3" ( 2.97m x 1.91m ) The galley style kitchen features a cooker, stainless steel sink, large window, worktop and base/ceiling units.
Bedroom1 14' x 12' 1" ( 4.27m x 3.68m ) double glazed window to front aspect, radiator, fitted wardrobes. Bedroom 2 12' 1" x 11' 1" ( 3.68m x 3.38m ) double glazed window, radiator, fire place.
Bedroom 3 11' 2" x 8' 3" ( 3.40m x 2.51m ) double glazed window to rear aspect, fitted carpet. Landing Front Garden Laid to lawn. Rear Garden mainly laid to lawn. Drive Way 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 2, North Farm Cottage, Snetterton North End, Norwich
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