4-bedroom house · NR21 0EF
Listing removedListed 108 daysAuction 29 Jul · ended
Opportunity summary
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About
For sale by auction on Wednesday, 29 Jul 2026 at 10:00 Venue: Livestream Auction A substantial four-bedroom 19th century detached house with land, requiring updating and modernisation throughout Ivy House is a substantial 19th century detached property occupying a generous plot of just over half an acre (stms).
The vacant property has been in the same ownership since 1958 and is offered as a probate sale, and offers excellent potential for improvement and modernisation.
The accommodation includes four bedrooms, spacious living areas and a layout well suited to family occupation, subject to the necessary improvement works.
Externally, there is off-road parking, garage space for two vehicles and mature grounds, including a disused swimming pool area which is now overgrown and requires attention to be reinstated.
The grounds offer further scope for landscaping or alternative use, subject to any required consents.
The property is connected to mains electricity and water, has septic drainage, and benefits from solar panels and air source heat pump central heating.
Ivy House is situated in the village of Stibbard, in North Norfolk, approximately three miles south of Fakenham and around 22 miles from Norwich.
Ground Floor Living room, sitting room, kitchen, dining room, games room, utility room, WC First Floor Landing, four bedrooms and shower room Outside Front and rear gardens, dual entrance hard standing driveway leading to a double garage with timber doors.
Services Mains electricity, mains water, drainage to septic tank. Air source heat pump central heating.
Council Tax Band D Viewings Viewings are available by appointment on the following dates: Wednesday 24 June Tuesday 30 June Wednesday 08 July Friday 10 July Tuesday 14 July Friday 17 July Friday 24 July To arrange your appointment, please contact the Norwich office.
EPC Rating: Tbc Additional Fees Buyers Premium: £600 inc VAT payable on exchange of contracts. Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
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Returns
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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
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FAQ
About Ivy House, Norwich Road, Fakenham
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