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12, Hauteyn Court, NORWICH, Norfolk, NR3 2RQ

Marketed by:

Barnard Marcus

Barnard Marcus

Sovereign House, 361 King St, London W6 9NA, UK

020 8741 9990

For Sale

2 Bed Flat Requiring Refurbishment, Norwich

12, Hauteyn Court, NORWICH, Norfolk, NR3 2RQ

For Sale

£100,000+

Key Features


  • 2-bedroom flat

  • Published rental income approximately £10 per annum

  • Requires refurbishment / updating

  • Leasehold

  • Garden

Description


Two bedroom ground floor flat in need of full refurbishment. The flat’s entrance is to the rear of the block offering a more private location. The flat itself is well laid out benefiting from a good size lounge and two bedrooms. The property requires refurbishment throughout but is liveable and would make an ideal first time purchase or investment property. The flat benefits from some external storage, communal gardens and unallocated communal parking. Accommodation: Entrance Hall, Kitchen, Lounge, Inner Hall, Bedroom 1, Bedroom 2, Bathroom EPC: TBC Council Tax: A


Location


Hauteyn Court is situated off Aylsham Road in NR3, there are regular buses into Norwich City Centre and local amenities include shops, supermarket, bingo hall and take aways. Viewings: By arrangement with our Joint Auctioneers William H Brown, Norwich. Tel: 01603 760004.


Investment Analysis


Investment Snapshot


Guide Price

£100,000+



Tenure

Leasehold



Property Type

Residential, Refurbishment



EPC

Not stated



Published Rent

£10 pa



Initial Refurbishment Allowance

£15,000–£25,000



Suggested Strategy

Refurbishment & Resale



Gross Yield on Guide

0.0%




Property & Refurbishment


Initial feasibility allowance: £15,000–£25,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.


Rental Analysis


The auctioneer-published rent identified in the source is approximately £10 per annum.


GDV / Resale Analysis


No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.


Properties Sold Within Approx. 5 Miles


No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.


Investor Risks & Due Diligence


  • Review the full legal pack and title before bidding

  • Confirm all auction administration / contract charges

  • Verify property condition and obtain appropriate surveys

  • Confirm refurbishment costs with contractor quotations

  • Confirm lease length, ground rent, service charge and major works


Recommendation


Preferred strategy: Refurbishment & Resale. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.


Strategy Rating


Flip: ★★★★☆

BRRR: ★★★☆☆

Buy-to-Let: ★★★☆☆

Auction Details : 

Barnard Marcus

Auction Date : 

10/09/26

Lot Number : 

298

Tradelend Limited
Tradelend Limited

Bridging Finance, Development Finance

0203 886 2530

Tiger Financial
Tiger Financial

Bridging Finance, Development Finance

020 7965 7261

Tuscan Capital
Tuscan Capital

Bridging Finance

020 7846 9030

UK Bridging Loans Ltd
UK Bridging Loans Ltd

Bridging Finance

0116 366 6338

Ultimate Finance
Ultimate Finance

Bridging Finance

0800 121 7757

Property Location:

12, Hauteyn Court, NORWICH, Norfolk, NR3 2RQ

  • BRRR Calculator - Estimate your potential returns after refurbishment and refinancing.

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