2-bedroom semi-detached house · NR28 0RN
Listing removedListed 345 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD AT AUCTION FOR £143,000 A two bedroom semi detached cottage ideal for investment, holiday use or owner occupation.
This attractive semi detached cottage is to be sold vacant and in need of minor improvement to realise its full potential.
The property has a number of attractive character features including inglenook fireplace and exposed beams. Heating is via individual electric night store heaters and the windows are double glazed.
There is a private and secluded rear garden, parking being available in the layby opposite.
Swafield is a small village approximately half a mile from the market town of North Walsham and within 3 miles of the picturesque North Norfolk Coast.
Ground Floor Sitting room with inglenook fireplace, kitchen, bathroom, conservatory. First Floor Landing, two bedrooms.
Outside Attractive private rear garden Council Tax Band A Viewings Viewings are available by appointment only.
The next available viewing dates are : Tuesday 18th November Wednesday 26th November Wednesday 3rd December To book a viewing please call the Norwich office.
Tenure: Freehold EPC Rating: E 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 2 Twin Gates, The Street, Swafield, North Walsham, Norfolk NR28 0RN
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