This property has been taken off the market.

4 Bed Detached House For Sale Beacon Road, Norwich, NR11

£580,000- Detached

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 9th May 2024

Description

  • Prime Property Auctions New Entry - Fantastic development opportunity. Huge 4 Bedroom detached house that sits on 6.5 Acres !!! ***£590,000 GUIDE PRICE***
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  • Massive luxurious 4 bedroom detached house with 6.5 acres of land situated in the scenic Trimingham in Norwich.
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  • Sure to appeal to investors / developers looking for a massive capital growth opportunity, as well as a home buyer looking for their dream home.
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  • The Edge, Windmill Road, Gimingham, Norwich, Norfolk NR11 8HL previously sold for £540,000, Hill Farm, Sandpit Lane, Gimingham, Norwich, Norfolk NR11 8HH previously sold for £500,000.
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  • The land attached could be used to build 3, 3 Bedroom detached houses.Based on Prices ranging from £225,000 - £350,000 per house totaling a gross development value of £675,000 - £1,050,000,Subject to research and gaining the necessary consents.
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Prime Property Auctions New Entry - Fantastic development opportunity. Huge 4 Bedroom detached house that sits on 6.5 Acres !!! ***£590,000 GUIDE PRICE***\r
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Sure to appeal to investors / developers looking for a massive capital growth opportunity, as well as a home buyer looking for their dream home.\r
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The property is ideal for a shrewd investor looking for a fantastic BRRR opportunity.\r
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The Local sales evidence shows that once the land is developed,\r
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The value of 3 bedroom houses in this area range from: £225,000 - £350,000.The rental income is £1,200 - £1,400 pcm,This would provide an annual gross income of £14,400 - £16,800. \r
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The property comprises: First & second floor, 4 Double bedrooms 2 bathrooms, Modern Kitchen and bathroom with a luxurious conservatory.\r
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The Edge, Windmill Road, Gimingham, Norwich, Norfolk NR11 8HL previously sold for £540,000, Hill Farm, Sandpit Lane, Gimingham, Norwich, Norfolk NR11 8HH previously sold for £500,000.\r
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Property benefits from sought after location with massive development potential. It is sure to appeal to developers looking for a  POTENTIALLY HIGH yielding investment.Or a home buyer looking for their dream family home!\r
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Massive luxurious 4 bedroom detached house with 6.5 acres of land situated in the scenic Trimingham in Norwich.\r
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This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.\r
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This property is offered at a fantastic price to ensure an Auction sale.\r
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The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team. \r
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This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website. \r
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This property is offered at a fantastic price to ensure an Auction sale. \r
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The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.\r
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Location\r
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Located near the tranquil Cameron Reservoir, our property in Trimingham, Norwich offers convenient access to resort amenities such as a gym, spa, and professional golf studio. Operating year-round, as an owner, you have the freedom to enjoy these facilities at your leisure. Plus, complimentary private parking is available onsite for added convenience.
Agent Details
Prime Property Auctions Ltd
126 West Regent Street, Glasgow, G2 2RQ

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Potential Return-on-Cash Invested