31, Newbegin Road, NORWICH, Norfolk, NR1 4PY

Description

Three bedroom end of terrace property to be sold with vacant possession. The property is in good order but some refurbishment work is required. The property benefits from off road parking for multiple cars, garage and a good size rear garden. Situated within easy reach of Norwich City Centre and close to local amenities also this property would make an ideal first time purchase or investment property. Accommodation: Entrance Hall, Lounge, Reception Room, Kitchen, Landing, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom EPC: D Council Tax: B

Location

Newbegin Road is situated short distance outside Norwich City Centre, there are regular busses along Plumstead Road into the City where a full range of amenities can be found including regular trains to Cambridge and London from Norwich Train Station. Viewings: By arrangement with our Joint Auctioneers William H Brown, Norwich. Tel: 01603 760004.

Investment Analysis

Investment Snapshot

Property & Refurbishment

Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.

Rental Analysis

No reliable auctioneer-published current rent was identified in the supplied scrape. Market rent should be independently verified before bidding.

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

Recommendation

Preferred strategy: Buy-to-Let / Owner-Occupier. 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

Buy-to-Let: ★★★★☆

BRRR: ★★★☆☆

Flip: ★★★☆☆