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See how verdicts work2-bedroom property · PE36 5AE
No longer listedListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom retirement apartment on the second floor with views over the rear garden, located close to the town centre and amenities A purpose built retirement apartment located on the second floor (lift) with views over the rear garden, which benefits from UPVC double glazing and electric heating, parking, well maintained communal gardens, communal lounge with conservatory overlooking gardens, laundry room and guest room.
The property is situated within the popular Victorian coastal town of Hunstanton, which has a range of shops, supermarkets, health centre, and leisure facilities.
There are local bus services to nearby villages and along the coast road to Wells-next-the-Sea, and to King's Lynn which offers a wider range of shopping facilities together with a direct rail link to Ely, Cambridge and London.
The accommodation comprises: GROUND FLOOR Secure entry to communal areas and lift to all floors.
SECOND FLOOR Private Entrance Hall: 2 built-in storage cupboards, Airing Cupboard with hot water cylinder and shelving, electric heater.
Lounge/Diner: 13'7"x11'5" (4.14x3,48) window to the rear with views over the garden and distant sea view, storage heater.
Kitchen: 7'4"x7' (2.24x2.13) fitted with a range of base and wall units incorporating electric oven and hob, fridge and washing machine.
Bedroom 1: 11'9"x9' (3.58x2.74) window to rear with similar views, storage heater, built-in wardrobe. Bedroom 2: 14'1"x7'9" (4.29x2.36) window to rear with similar views, electric panel heater.
Shower Room: 6'8"x5'5" max (2.03x1.65) white suite comprising large shower cubicle, hand basin, wc, extractor fan OUTSIDE Attractive communal gardens, secure entry phone system, allocated parking space (waiting list) visitor parking on Sandringham Road only.
TENURE leasehold for a term of 125 years from May 1992, service charge and ground rent paid half-yearly in September and February, approx. £4000 pa. Please note that residents must be over 60.
SERVICES: Mains electric and water. COUNCIL TAX BAND: 'C' (£2088.54 20025/26)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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