3-bedroom house · NR12 8BG
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pennygate Cottage is a charming detached home occupying a generous plot of approximately one-third of an acre in the heart of the picturesque riverside village of Barton Turf.
Surrounded by the unspoilt beauty of the Norfolk Broads National Park, the property enjoys an idyllic setting amidst a landscape of tranquil waterways, abundant wildlife, and open countryside.
With Barton Broad just moments away, residents can enjoy boating, paddleboarding, fishing, and exceptional birdwatching, while direct access to the Rivers Ant and Bure opens up miles of navigable waterways to explore.
Constructed in the early 1980s and designed to complement its rural surroundings, the property is approached via an extensive shingle driveway providing ample off-road parking and access to a double garage.
A decorative wrought-iron gate leads into the beautifully established gardens, which are a particular feature of the home.
Predominantly screened from the road by mature hedging, the grounds offer a high degree of privacy and have been thoughtfully landscaped with lawns, mature planting, and secluded seating areas.
A sun terrace adjoining the property provides the perfect setting for outdoor dining and entertaining while enjoying the peaceful surroundings.
Beautifully presented throughout, the accommodation offers a versatile layout ideally suited to modern family living.
An entrance porch opens into a welcoming open-plan dining room and sitting room, centred around an impressive double-sided wood-burning stove that creates a warm and inviting atmosphere.
A reception hall provides access to a bright conservatory overlooking the garden, as well as a study or potential fourth bedroom, offering flexibility for home working or guest accommodation.
An inner hallway leads to a ground-floor shower room and a useful lean-to storage area, which in turn provides access to the double garage and side garden.
The well-appointed kitchen/breakfast room is positioned off the dining area and is complemented by a practical utility room, creating an excellent space for everyday family life.
On the first floor, there are three well-proportioned bedrooms, including a principal bedroom with en-suite bathroom, together with a family bathroom serving the remaining accommodation.
The property's appeal is further enhanced by its enviable location.
The neighbouring riverside village of Neatishead is within easy reach and home to the highly regarded White Horse Inn, while Wroxham, widely known as the "Capital of the Norfolk Broads", lies approximately five miles away and offers a wealth of shops, restaurants, boating facilities, and leisure opportunities.
The stunning Norfolk coastline can be reached in under ten miles, while the historic city of Norwich, with its extensive shopping, dining, cultural attractions, and mainline rail connections, is less than thirty minutes away.
Combining generous gardens, versatile accommodation, and an outstanding Broads location, Pennygate Cottage offers a wonderful opportunity to enjoy a relaxed waterside lifestyle in one of Norfolk's most desirable villages.
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 Pennygate Cottage, Pennygate, Norwich
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