1-bedroom bungalow · NR12 8UZ
Listing removedListed 87 daysAuction 26 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 26th of August 2026 . Freehold, 1 bedroom, mid terrace bungalow, in need of refurbishment throughout, for sale via auction treaty.
Accommodation comprises: Hallway, Reception Room, Kitchen, Bedroom and Bathroom. The property benefits from a front and rear gardens with outbuildings.
The property is further complimented in its proximity, of less than ten miles, to Norwich city centre with its excellent retail, train station, restaurants, cafes, night life and historical interest.
The Norfolk coast line at Sea Palling, can be accessed in less than thirty minutes. More Information available in the legal pack.
GROUP VIEWING - SATURDAY 8TH AUGUST AT 12PM - PLEASE CALL THE OFFICE TO ATTEND GROUP VIEWING - SATURDAY 15TH AUGUST AT 4PM - PLEASE CALL THE OFFICE TO ATTEND Tenure Freehold Terms Legal Pack To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1500 + VAT and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”.
You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
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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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 Hill Piece, Belaugh, Norwich, Norfolk, NR12 8UZ
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