3-bedroom bungalow · NR22 6DW
For saleReduced £50k (−10%) on 21 AugListed 208 days
Opportunity summary
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About
School Lodge is a modern detached bungalow situated in an attractive setting on the edge of the village overlooking playing fields but within walking distance of the centre of the amenity rich village of Walsingham.
The property is built of red brick under a pantiled roof and has been lovingly refurbished and extended by the current owners to now provide well proportioned 3 bedroom, 2 bathroom accommodation designed to be wheelchair accessible.
There is a good sized double aspect sitting/dining room with a wide opening to the well appointed kitchen/breakfast room.
The large principal bedroom is served by a spacious shower room with bedroom 2 having a small dressing area and en suite shower room.
There is also a third bedroom currently used as a study/occasional bedroom for guests.
Further benefits include UPVC double glazed windows and doors throughout, practical hard floors, solar panels, modern electric radiators and a fireplace in the sitting room currently housing an electric stove.
The property stands in a beautifully landscaped gardens and grounds with a well stocked west facing front garden with a garden studio and a paved terrace garden to the rear overlooking playing fields.
The property also has driveway parking.
All of this combine to make School Lodge a rare opportunity to purchase a non-estate bungalow with spacious wheelchair accessible accommodation in a charming setting yet just a few minutes' walk from the wide range of village amenities available.
The Medieval village of Walsingham is a centre of pilgrimage, it has two main Shrines: The 14th Century Slipper Chapel is the Roman Catholic National Shrine of Our Lady and the Anglican Shrine of Our Lady of Walsingham, while the Abbey grounds contain the ruins of the original Priory founded in 1153.
For a village of its size, Walsingham supports an amazing number of shops, mainly tourist/pilgrim shops but also a mini-supermarket, tea shops and 2 public houses.
An old farmyard (owned by the Walsingham Estate) has been converted into a range of shops which boasts the award winning Farm Shop. The village also has a doctor's surgery and a primary school.
Linking Walsingham to the coastal town of Wells-next-the-Sea, some 4 miles away, is the Wells and Walsingham Light Railway.
Walsingham is centrally located for Holt, Burnham Market, Wells-next-the-Sea and the market town of Fakenham. Main water, mains drainage and mains electricity with solar panels installed.
Electric radiator heating. EPC Rating Band B. North Norfolk District Council, Holt Road, Cromer, Norfolk, NR27 9EN. Council Tax Band C.
Accommodation The property is approached via a stable door with a storm porch over opening into the entrance hall.
Here, a useful utility cupboard provides space and plumbing for a washing machine, while doors lead to the sitting/dining room, bedrooms and shower room.
The sitting/dining room is generously proportioned and filled with natural light, benefiting from a double aspect outlook.
A window overlooks the front garden, while glazed patio doors open onto a paved rear terrace with attractive views across playing fields.
The room also features a cast iron fireplace and a wide opening through to the kitchen.
The kitchen is fitted with a range of cream Shaker style base and wall units, complemented by a navy blue Everhot cooker (available by separate negotiation) with triple aspect windows providing views over the gardens.
All three bedrooms are accessed from the hallway. Bedroom two includes a dressing area and an en suite shower room, while an additional shower room serves bedrooms 1 an...
Outside School Lodge is set back off St Peters Road behind a mature hedged boundary and is accessed through double 5 bar gates opening onto a concrete driveway providing parking.
A picket gate leads to the front garden which is west facing and has been beautifully landscaped and maintained.
A concrete pathway meanders through well stocked plant and shrub beds leading to the front entrance porch and the garden studio.
An archway leads through a shaped hedge to a useful paved area where there are 2 timber sheds.
A paved pathway continues to the side and rear of the property where there is a low walled boundary making the most of the views over the neighbouring playing fields.
Paved terrace with a small greenhouse, space for planters and a bistro table and chairs etc and doors to the sitting room and bedroom 1.
Gravelled plant beds, lighting and a pedestrian gate to the property's driveway.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About School Lodge, St Peters Road, Walsingham
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