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See how verdicts work3-bedroom house · NR20 5PU
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Enjoying a Countryside location with views, yet only a few minutes drive from the historic market town of Reepham. An individual detached home with generous space throughout.
Presently offering three bedrooms but with easy potential for four.
With a range of outbuildings, plenty of parking & Garage description This individual detached home enjoys a country setting, with a range of useul outbuildings, sizeable plot and plenty of parking plus Garage.
Generous space throughout including large kitchen/diner and living room with woodburner, also two shower rooms.
Currenlty 3 bedrooms but it appears a fairly simple alteration would give you 4, with one bedroom having two windows. This is a serious sale and there is no onward chain.
Located approximately 4.1 miles (10 minute drive) from the historic market town of Reepham - Source aa Route Planner.
Reepham offers a range of amenities and soe highly regarded schooling through to sixth form. The North Norfolk Coast is only approximately 15 miles away and Norwich Airport a similar distance.
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.
Entrance Conservatory With tiled floor, double glazed windows to front and sides, double glazed entrance door, tiled flooring and doorway opening to; Entrance Hall With stairway leading off, understairs storage cupboard.
Doors open off to main ground floor rooms & Integral Garage Ground Floor Shower Room With WC, wash basin with vanity unit, walk in shower cubicle, heated towel raill, double glazed window.
Lounge With wood finish flooring, feature corner log burner, recess lighting, double aspect from double glazed side window and double glazed doors opening out to the rear garden.
Door to; Kitchen With range of fitted wall and base units, work surfaces incorporating a 1.5 bowl sink unit, slot in space for electric cooker, space for dishwasher, wood finish flooring, double glazed side window, door opening to utility room.
The room opens onto; Dining Room This room enjoys triple aspect light from two double glazed side windows, and double glazed patio door out to the rear garden.
Utility Room With a range of wall and base units, work surfaces over with stainless steel sink and tiled surround, space for fridge freezer, space for washing machine and tumble dryer.
Wood finish flooring, double glazed window and double glazed door outside, Ground Floor Bedroom With built in wardrobe cupboards, double aspect from double glazed windows to front and side.
First Floor Landing With plenty of space, potential for small study area, roof light window and doors opening off to two bedrooms and shower room.
Bedroom One With access to eaves storage, double aspect from window to front and rear, sections of sloped ceiling. Potential for division into two smaller rooms given the 2 windows?
Bedroom Two With access to eaves storage, double glazed side window. Shower Room With suite comprising WC, wash basin with vanity unit, walk in shower. Double glazed window.
Outside To the front the property is set well back from the road and approached by a wide shingled driveway offering parking for a number of vehicles and access to the integral garage.
The remainder is laid to lawn wth shrubs and flowers planted. Side gate gives access to rear.
The main garden stretches away to the rear of the house with a sizeable area of paved patio, lawn and flower and shrub beds.
A useful range of single storey outbuildings to one side, presently including a laundry room and workshop. 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.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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FAQ
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