17 Margarets Close, Hunstanton, Norfolk

Description

A three bedroom detached bungalow, ideally situated in the popular seaside town of Hunstanton and within close proximity to the seafront, local amenities and nearby bus stop.

Accommodation

Entrance hall, lounge/diner, sun room, kitchen, three good sized bedrooms, bathroom and wc

Location

Ideally situated in the popular seaside town of Hunstanton, within close proximity to the seafront, local amenities and nearby bus stop.

Tenure / Property Information

Tenure	Freehold
EPC	Current Rating D
Council Tax	Band D
Parking	Own driveway to garage
Services	Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Investment Analysis

The closest evidence is five completed sales of detached freehold properties on Margarets Close, ranging from £264,000 to £385,000. The latest sale was £385,000 on 22 April 2026, while three other sales were £320,000–£375,000. A provisional base GDV of £375,000 is indicated, with a £320,000–£385,000 evidence range. This is not a formal valuation because the comparables' bedroom count, floor area and condition are not supplied, and the subject property's condition is unknown.

Investment Snapshot

HB Estimated GDV

£375,000

Strategy Recommendation

Do not set a bid or commit to a strategy until the guide price, legal pack, inspection findings, floor area, condition and likely rent are available. On current evidence, treat the property as a potential owner-occupier or resale purchase rather than an underwritten BTL or BRRR project.

Works Required

No specific defects or required works are evidenced. The bungalow should be inspected and the legal pack reviewed before budgeting; the current EPC rating is D.

Rental & Market Context

No sufficiently specific external rental comparable identified.

Sold Comparables

The following completed sales were identified within approximately 5 miles:

33, Margarets Close, Hunstanton, King'S Lynn And West Norfolk, Pe36 5nn 2026-04-22 · Detached · Freehold	£385,000
4, Margarets Close, Hunstanton, King'S Lynn And West Norfolk, Pe36 5nn 2024-11-18 · Detached · Freehold	£264,000
33, Margarets Close, Hunstanton, King'S Lynn And West Norfolk, Pe36 5nn 2023-10-27 · Detached · Freehold	£365,000
26, Margarets Close, Hunstanton, King'S Lynn And West Norfolk, Pe36 5nn 2023-01-12 · Detached · Freehold	£375,000
32, Margarets Close, Hunstanton, King'S Lynn And West Norfolk, Pe36 5nn 2022-11-02 · Detached · Freehold	£320,000

Potential BRRR Position

Base GDV

£375,000

A BRRR assessment cannot be completed because there is no guide or purchase price, no refurbishment budget, no supported rent and no confirmed valuation of the subject property. The provisional £375,000 GDV is based only on nearby completed sales.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. No yield, debt coverage or purchase-price assessment can therefore be calculated.

Flip Analysis

A flip calculation cannot be completed because there is no guide or purchase price, no supported refurbishment allowance and no supplied selling-cost allowance. The provisional resale/GDV evidence is £320,000–£385,000, subject to condition, size and specification.

Investor Risks & Due Diligence

• No auction guide price is supplied, so affordability, maximum bid and total project cost cannot be calculated.

• No sufficiently specific rental evidence or passing rent is supplied, preventing a reliable BTL yield assessment.

• The property's condition, floor area and detailed specification are not supplied, so the comparable-sales adjustment is uncertain.

• Buyer premium and admin charge total £2,400 including VAT, with possible additional legal-pack disbursements and special-condition charges.

• Completed-sale evidence varies materially from £264,000 to £385,000, creating valuation uncertainty.

Recommendation

Do not set a bid or commit to a strategy until the guide price, legal pack, inspection findings, floor area, condition and likely rent are available. On current evidence, treat the property as a potential owner-occupier or resale purchase rather than an underwritten BTL or BRRR project.

Strategy Rating

HB Rating

★★★☆☆

Analysis Confidence

Confidence

Low-Medium

There is useful same-street completed-sale evidence, but no guide price, floor area, bedroom detail for comparables, condition assessment, rental evidence, refurbishment budget or complete legal-cost information.