75 Orford Road, Swaffham, Norfolk, PE37 7JJ

Description

A Vacant Two Bedroom Semi Detached Bungalow. The property comprises a four bedroom detached bungalow arranged over the ground floor.

Accommodation

Ground Floor: Reception Room with Open Plan Kitchen; Two Bedrooms; Bathroom.

Location

The property is situated on a residential road close to local shops and amenities. There are numerous open green spaces within easy reach. Transport links are provided by the A47.

Tenure / Property Information

Investment Analysis

The nearest recent evidence is 51 Orford Road at £83,000 in December 2025, but it is recorded as “Other” rather than a directly comparable bungalow. Other evidence ranges from £75,000 for a 2019 terraced sale to £110,000 for a 2023 terraced sale. The property description is internally inconsistent, referring to both a two-bedroom semi-detached bungalow and a four-bedroom detached bungalow. An indicative base GDV of £83,000 is therefore used cautiously, with a broad evidence-led range of £75,000–£110,000 rather than a formal valuation. At the £55,000 guide, the guide plus the stated £1,800 administration charge is £56,800 before any other fees, disbursements or works.

Investment Snapshot

Strategy Recommendation

Do not bid solely on the headline spread. First resolve the conflicting property description, inspect condition and services, review the legal pack and establish local rental evidence. Proceed only if the verified resale or rental case supports a fully costed bid.

Works Required

No specific defects or required works are evidenced. Confirm accommodation, condition, services, statutory compliance and any legal-pack requirements before bidding; only budget works once verified.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £83,000 base GDV, 75% refinance is approximately £62,250. This is only £5,450 above the £55,000 guide plus the stated £1,800 administration charge, before works, finance, tax and other purchase costs. Because condition, works, rent and disbursements are unknown, the cash requirement and BRRR viability cannot be reliably calculated.

Buy-to-Let Analysis

The property is vacant and no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Rent and gross yield cannot therefore be established. The £56,800 guide-plus-admin figure excludes other possible charges and any works.

Flip Analysis

A potential resale margin cannot be calculated because refurbishment costs, selling costs and the property’s true accommodation and condition are not established. The £75,000–£110,000 evidence range is broad and includes properties of different recorded types and ages.

Investor Risks & Due Diligence

• Conflicting descriptions of bedroom count, property type and construction.

• No sufficiently specific rental evidence or auctioneer rent estimate.

• Condition and required refurbishment works are not evidenced.

• Guide price is stated as plus fees; disbursements and other purchaser charges may apply.

• GDV evidence includes different property types and different transaction dates.

• Property is vacant, so there is no passing rent to assess.

Recommendation

Do not bid solely on the headline spread. First resolve the conflicting property description, inspect condition and services, review the legal pack and establish local rental evidence. Proceed only if the verified resale or rental case supports a fully costed bid.

Strategy Rating

Analysis Confidence

There is one recent same-road sale, but comparable type evidence is weak, the property description is contradictory, and no rent, condition, works or complete fee information is supplied.