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See how verdicts work5-bedroom detached house · NR16 1HD
Sold STCListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SOLD PRIOR TO AUCTION A four bedroom detached cottage set in 0.67 acre (stms) with self contained one bedroom annexe, requiring modernisation An impressive detached country cottage with lots of character features and adaptable accommodation now in need of a comprehensive modernisation program to realise its full potential.
The main house has three reception rooms, a sun lounge, kitchen and utility room on the ground floor and four bedrooms and a bathroom on the first floor.
A fully self contained annex adjoins the property, this could provide a useful income or easily incorporated within the main accommodation.
The gardens extend to approximate half an acre and could provide additional development potential (subject to planning approval). The market town of Wymondham is within three miles.
Ground Floor Reception hall, study, sitting room, dining room, sun lounge, kitchen, utility room., cloakroom Annexe (Woodman's Flat) Hall, sitting room, kitchen, bedroom, bathroom, inner hall to main house.
First Floor Landing, four bedrooms, bathroom Outside Large private gardens in need of attention. The gardens wrap around the three thatched cottages to the rear of the main house.
Council Tax Band Lodge = D Annexe = A Viewings Open viewings are by appointment and the next are on : Friday 13 February Friday 20 February To book the next available appointment please call the Norwich office.
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.
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 Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD
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