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17 Margarets Close, Hunstanton, Norfolk PE36 5NN
Marketed by:
Auction House East Anglia
The Barn, Newmarket Rd, Cringleford, Norwich NR4 6UE, UK
01603 505 100
Detached Bungalow - 17 Margarets Close, Hunstanton, Norfolk
17 Margarets Close, Hunstanton, Norfolk PE36 5NN
Unsold
£230,000+
Key Features
Detached Bungalow - 17 Margarets Close, Hunstanton, Norfolk
Guide price £230,000+
Auction House East Anglia – 9 September 2026
Suggested strategy: Buy-to-Let / Resale
Description
A three bedroom detached bungalow, ideally situated in the popular seaside town of Hunstanton This three bedroom detached bungalow is ideally situated in the popular seaside town of Hunstanton and within close proximity to the seafront, local amenities and nearby bus stop. The bungalow briefly comprises entrance hall, lounge/diner, sun room, kitchen, three good sized bedrooms, bathroom and wc. Outside there are front and rear gardens, as well as own driveway to garage.
Location
17 Margarets Close, Hunstanton, Norfolk PE36 5NN. Located in the PE36 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.
Investment Analysis
Investment Snapshot
Guide Price | £230,000+ |
Refurbishment / Works Budget | HB indicative £18,400–£41,400 |
Purchase + Works | £248,400–£271,400 |
HB Indicative GDV / Value | £287,500–£368,000 |
Estimated Private Rent | £1,150–£1,600 pcm |
Potential Annual Rent | £13,800–£19,200 pa |
Suggested Strategy | Buy-to-Let / Resale |
Strategy Recommendation
Initial strategy: Buy-to-Let / Resale. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.
Works Required
Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.
Rental & Market Context
HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.
Sold within approximately 5 miles
Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.
Potential BRRR Position
Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.
Flip Analysis
Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.
Investor Risks & Due Diligence
Read the full legal pack and special conditions
Verify tenure, occupancy, planning and title restrictions
Inspect condition and obtain contractor quotations
Confirm finance and insurance availability
Verify rents and recent sold comparables
Allow for buyer premium, administration charges and disbursements
Recommendation
Proceed only where verified total project cost supports the intended buy-to-let / resale strategy with adequate contingency.
Strategy Rating
Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆
Auction Details :
Auction House East Anglia
Auction Date :
09/09/26
Lot Number :
36
Property Location:
17 Margarets Close, Hunstanton, Norfolk PE36 5NN
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