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See how verdicts work3-bedroom house · NR27 9QA
Sold STCListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY LIVESTERAM AUCTION ON THURSDAY 7 MAY AT 10AM TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE This three bedroom detached chalet style bungalow enjoys coastal views and set within 0.24 acre.
This detached chalet-style bungalow is situated in the coastal village of West Runton on the North Norfolk coast, occupying a generous plot of approximately 0.24 acres (stms).
Set back from the main road, the property enjoys coastal views to the rear. The accommodation is well-proportioned and versatile, arranged over two floors.
The first floor comprises two bedrooms and a shower room, while the ground floor offers a further bedroom, family bathroom, two reception rooms, kitchen/breakfast room, and conservatory.
The property now requires a programme of modernisation, presenting an excellent opportunity for buyers or investors to add value and create a superb coastal home.
Externally, the property is accessed via a five-bar gate and stands within generous gardens, mainly laid to lawn, offering scope for landscaping.
A timber outbuilding, formerly used as an office, provides additional potential for a studio, workspace.
Ground Floor The ground floor layout offers versatile living accommodation, with the additional reception room ideal for formal dining or second reception. Two conservatories, kitchen/breakfast room.
inner hallway with stairs to first floor, spacious double bedroom and ground floor bathroom.
First Floor The first floor provides two double bedrooms both with dormer windows providing plenty of natural light with eaves storage, served by a conveniently located shower room.
Outside Gated entrance with space for off road parking. The property benefits from front, side and rear garden enjoying field and sea views beyond.
Within the garden there is a large timber outbuilding and timber shed.
Agent Note In accordance with Section 21 of the Estate Agents Act 1979, we herby disclose that the executors of this property are related of an employee of Auction House UK.
Services Air source heat pump, septic tank, Mains water Viewings Viewings are available by appointment only. Please call the Norwich office to arrange your appointment.
Tenure: Freehold EPC Rating: F Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £600 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
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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 Fairway, Cromer Road, West Runton, Cromer, Norfolk NR27 9QA
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