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See how verdicts work2-bedroom bungalow · NR29 4HS
No longer listedListed 31 daysAuction 21 Oct · ended
Opportunity summary
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About
FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 21st OCTOBER 2026 AT 10:00AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE Detached non-standard bungalow on leasehold with opportunity to buy freehold is situated in the heart of the thriving seaside resort of Hemsby This non-standard detached bungalow is situated in the heart of the thriving seaside resort of Hemsby.
Currently a leasehold although we have been informed that there is a chance to purchase the freehold to the property if interested.
Tucked away at the end of a shared drive the bungalow offers a generous accommodation comprising entrance porch, sitting room, kitchen/diner, snug/3rd bedroom, shower room, inner hall/study area and two double bedrooms.
Outside there is a parking bay for two vehicles and a further parking space fencing with the property boundary.
There is a South facing garden situated at the front of the property and a courtyard to the rear leading to a small storage shed that would make an ideal studio.
Improvements have been made to property including modern kitchen and bathroom, and insulation etc to name a few. Perfect for a ready made home or holiday let investment.
Accommodation Entrance porch, sitting room, kitchen/diner, snug/3rd bedroom, shower room, inner hall/study area, two double bedrooms.
Exterior Outside there is parking bay for two vehicles and a further parking space fencing with the property boundary.
There is a South facing garden situated at the front of the property and a courtyard to the rear leading a small storage shed making an ideal studio.
Leasehold We understand this property will be sold leasehold, is connected to mains water, electricity and drainage.
Ground rent - £1160 p/a Council Tax Band A Tenure: Leasehold EPC Rating: F Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1140 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 Kon-Tiki, Beach Road, Hemsby, Great Yarmouth, Norfolk NR29 4HS
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