Kitbag, 32 High Street, East Runton, Cromer - NR27 9NX

Guide Price: £141,000+ + fees

Beds: 2
Type: Bungalow
Tenure: No data

Past Auction - See Local Market Data For Sales Info

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Property Details

SDL Auctions (National) describes this property as:

This property in the centre of East Runton was a shop, 'The Kitbag', most people who know the villages would recognise the building immediately as The Kitbag.  The owners no longer run the business and have obtained planning permission to convert to residential.  This will create a flint and brick character bungalow comprising  2 bedrooms with en-suites to each, a  dining hall area , sitting room which is  open plan to the kitchen. There is garden space to the front and a small area to the side.  Located just a short walk  to the sea front and commons in this great coast village. The property has two wide bays windows to the front and will create a lovely home for someone, it has excellent holiday home potential or if you want a premises for a shop as it was before its position on the High Street in the village centre makes it ideal, other uses would need to be discussed with the planners at the local authority. East Runton is a very popular coastal village with a lovely sandy beach, a shop, an established public house, a social club, a restaurant, traditional fish and chip shop, coastal bus service and is known for its two commons  (lower and top common) which both have village ponds.  The village is just a couple of miles to Cromer town where a full range of services are available.  This represents a rare opportunity to purchase in this village and create your own single storey cottage or open you own shop/business.  ...

Auction Details

Auctioneer:
SDL Auctions (National)
Auction date:
10:30 - 25 Feb 2021
Venue:
Remote Bidding

For viewings, biddings or more information:

Go to the SDL Auctions (National) Website

Local Market Data

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The following data is based on a 2 bedroom Bungalow. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£228,100

Average asking price:

£231,500

Average price per sq/ft:

£269
Date Price Address Distance (miles)
06 Nov 2020 £365,000 Littlefold, Holt Road, NR27 9JN 0.97
04 Nov 2020 £330,000 79, Clifton Park, NR27 9BG 0.66
02 Nov 2020 £315,000 Kings Wear, Cromer Road, West Runton, NR27 9AD 1.28
23 Oct 2020 £160,000 22, Central Road, NR27 9BW 0.97
16 Oct 2020 £220,000 Berneil, Lower Common, East Runton, NR27 9PG 0.13
07 Aug 2020 £260,000 Silvergate, High Street, East Runton, NR27 9NX 0.02
06 Jul 2020 £290,000 98, Compit Hills, NR27 9LP 1.64
24 Mar 2020 £145,000 7, Golden Square, NR27 9DU 1.12
09 Mar 2020 £250,000 Rosewell, Home Close, West Runton, NR27 9QF 1.11
21 Feb 2020 £250,000 40, Compit Hills, NR27 9LJ 1.68
24 Jan 2020 £193,000 11, Dixon Road, NR27 0JE 1.63
18 Dec 2019 £290,000 Bluebird Cottage, The Hurn, West Runton, NR27 9QS 1.16
28 Oct 2019 £175,000 43, Ashdown Court, NR27 0AE 1.52
11 Oct 2019 £218,000 Lavender Cottage, High Street, East Runton, NR27 9AB 0.05
30 Sep 2019 £165,000 47, Henry Blogg Road, NR27 0JG 1.63
27 Sep 2019 £185,000 42, Ashdown Court, NR27 0AE 1.52
12 Sep 2019 £295,000 5, Sutherland Court Gardens, NR27 0DA 1.69
06 Sep 2019 £155,000 27, West Street, NR27 9DT 1.08
06 Sep 2019 £240,000 8, Mount Street, NR27 9DB 1.35
20 Aug 2019 £152,000 28, Ashdown Court, NR27 0AE 1.52

The following data is based on a 2 bedroom Bungalow. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £161

Average yield: 3.6%

Weekly Rent Bedrooms Property Type distance (miles)
£144 2 flat 1.07
£254 2 detached_house 1.12
£231 2 flat 1.18
£162 2 flat 1.19
£127 2 flat 1.35
£156 2 flat 1.57
£144 2 flat 2.33
£150 2 flat 2.62
£150 2 flat 2.69
£150 2 semi-detached_house 2.77
£150 2 flat 2.84
£208 2 detached_house 3.46
£231 2 detached_house 3.46
£159 2 terraced_house 3.52
£173 2 semi-detached_house 3.53
£254 2 detached_house 7.15
£138 2 detached_house 7.71
£150 2 detached_house 9.07
£150 2 flat 9.17
£208 2 flat 9.58