Tudno Lodge, Main Road, Narborough, King's Lynn, Norfolk

Description

A three bedroom detached property of wooden construction for cash buyers only, located in the popular village of Narborough.

Accommodation

Ground floor: lounge, kitchen/dining room, utility room and shower/wet room. First floor: three bedrooms. Outside: gardens and parking.

Location

Narborough is situated just off the A47 between King's Lynn and Swaffham. The village has a primary school, Cantonese restaurant, church, fishing lakes, community centre with playing field and separate sports and social club.

Tenure / Property Information

Investment Analysis

The supplied completed sales are detached freehold properties on Main Road, Narborough, but no bedroom counts, floor areas, condition details or direct comparability are provided. Their prices range from £400,000 to £899,999, so they do not support a reliable GDV for this three-bedroom wooden-construction property. The £90,000–£100,000 guide is not evidence of market value. Cash-buyer-only status and an EPC rating of F require further investigation.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. First review the legal pack, commission a suitable survey, establish the reason for the cash-only restriction, and obtain evidence for GDV, refurbishment costs and rent.

Works Required

Obtain a full building survey appropriate for wooden construction and investigate why the property is cash buyers only. Review and improve the EPC rating where practicable, subject to survey findings. No specific defects or quantified refurbishment scope are supplied, so no works budget can be supported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR analysis is unsupported at this stage. A cash purchase is required, the property has an EPC rating of F, and no reliable GDV, rent or refurbishment budget can be established. Refinance at 75% of GDV cannot be calculated without a supported GDV.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Total acquisition costs would also include the £1,200 buyer premium, £1,200 administration charge and any legal-pack disbursements, in addition to the purchase price.

Flip Analysis

A flip surplus cannot be calculated because the supplied comparables are not sufficiently specific to establish GDV, and no refurbishment scope, costs or selling allowance are provided. The property’s cash-only condition and wooden construction increase the need for detailed due diligence before considering resale.

Investor Risks & Due Diligence

• Cash buyers only, with the reason not supplied.

• EPC rating F may indicate significant energy-efficiency limitations, but the required works are unknown.

• Wooden construction requires specialist inspection; no survey evidence is provided.

• The supplied sold comparables lack bedroom, floor-area and condition details and show a very wide price range.

• Buyer premium and administration charge total £2,400, with further legal-pack disbursements potentially payable.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

Recommendation

Do not bid on the current evidence alone. First review the legal pack, commission a suitable survey, establish the reason for the cash-only restriction, and obtain evidence for GDV, refurbishment costs and rent.

Strategy Rating

Analysis Confidence

The listing provides the guide, tenure, accommodation and basic condition indicators, but lacks a survey, specific rental evidence, quantified works, floor area, direct sold comparables and legal-pack details.