Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom house · NR3 1SG
For saleListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the heart of Norwich, you will find this three-storey townhouse in a very popular gated development. Offering entrance hall, sitting room, kitchen and downstairs WC.
The first floor has two bedrooms and a bathroom. The top floor has the master bedroom with an en-suite shower room and a further bedroom.
Outside, there are communal gardens to the front with gated access and further gated access to the parking area with an open carport.
The rear garden has a really nice outlook and feels relatively private. This home has no chain and is available for immediate viewing.
Entrance Hall - Door to the front leading to the entrance hall, double cupboard, stairs to the first floor, doors to sitting room and kitchen.
Sitting Room - 4.11m x 4.42m (13'6 x 14'6) - Double-glazed windows and double doors to the rear garden and radiator.
Kitchen - 2.90m x 2.90m (9'6 x 9'6) - Double-glazed window to the front with a range of base and wall-mounted units, integrated hob, oven and extractor fan over. Space for further appliances.
Downstairs WC - WC and wash hand basin First Floor Landing - Stairs to the second floor, cupboard, doors to both bedrooms and the bathroom.
Bedroom 3 - 4.14m x 2.62m (13'7 x 8'7) - Double-glazed windows to the rear and radiator. Bedroom 4 - 2.74m x 2.62m (9'0 x 8'7) - Double-glazed window to the front and radiator.
Bathroom - Double-glazed window to the front, panel bath, wash hand basin and WC. Second Floor Landing - Doors to master bedroom and further bedroom.
Master Bedroom - 4.14m x 2.62m (13'7 x 8'7) - Double-glazed window and double opening doors to the Juliet balcony overlooking the rear garden. Radiator and door to the ensuite.
Ensuite Shower Room - Shower cubicle, WC, wash hand basin and radiator. Bedroom 2 - 4.11m x 2.57m (13'6 x 8'5) - Double-glazed window to the front and radiator.
Outside - Gated and well-tended communal grounds with allocated parking. The private rear garden is easy to maintain and allows more time to relax.
The property is for sale by the Modern Method of Auction, meaning the buyer and seller are to complete within 56 days (the “Reservation Period”).
Interested parties' personal data will be shared with the Auctioneer (Iamsold) If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack, which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price, including VAT.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 9, Pendleton Gate, Norwich
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