2-bedroom detached house · NR27 9PQ
Sold STCListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A brick and flint faced detached house, set just off the Common in the village of East Runton.
A short walk from the beautiful beach and village centre where you can find the local village shop, butchers, fish & chip shop, restaurant and two village pubs.
The property is being sold with no onward chain and offers two bedrooms, potentially three, two bathrooms, off road parking, garage and gardens and some updating required.
Hallway - Stairs to first floor, carpet, ceiling light, radiator, doors to lounge, kitchen, dining room and shower room.
Lounge - Dual aspect room with windows to the rear and side, carpet, radiator, ceiling light. Dining Room - Window to the front, carpet, brick fireplace (currently unused), ceiling light and radiator.
Kitchen - Window to the rear and half glazed door to the rear garden.
Range of base and wall units, provison for washing machine, fridge, freezer and dishwasher and built in oven, with inset electric four ring gas hob and extractor hood above.
Wall mounted gas central heating boiler. Shower Room - Shower tray with tiled walls and shower over, wall mounted hand basin, wall mounted mirror, WC and radiator, ceiling light and vinyl flooring.
Landing - Carpet, door to large shelved storage cupboard with light, access to roof space, doors to bedrooms and bathroom.
Bedroom One - Dormer window to the front, radiator, built in wardrobes, carpet and ceiling light. Bedroom Two - Dormer window to the rear, radiator, carpet, ceiling light.
Bathroom - Dormer window to the front, bidet, WC, vanity wash hand basin, panelled bath, radiator carpet, ceiling light.
Outside - The property is approached by a brick weave driveway with parking for two cars. Attached single GARAGE with up and over style door, personal door to the side and power and light.
There is a pathway and side access gate leading into the rear garden, with two patio seating areas, some raised beds and small lawn area. Mature flower bed and shrub borders.
Agents Note - This is a Freehold property with mains services connected, gas, electricity and water and sewage. There is no onward chain. Council tax banding D.
Value & comps
No previous sales on record.
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 asking
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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 Shepherds Close, East Runton, Cromer
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