1-bedroom flat · NR11 8LJ
Let agreedReduced £5 (−0.6%) on 22 SepListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available This one-bedroom flat is available to let in the coastal town of Mundesley.
Presented in immaculate condition, the property has been recently refurbished and offers a reception room, separate kitchen and a bathroom, making it suitable for a seeking a well-finished home.
The property also comes with parking.
Mundesley is known for its sandy beach and scenic coastal walks, with local amenities including independent shops, cafés and pubs clustered around the village centre.
The nearby town of North Walsham provides a wider range of supermarkets and services.
Public transport links include rail services from North Walsham station, approximately a 15–20 minute drive away, offering trains to Norwich in around 30 minutes, where onward connections to London Liverpool Street and other major cities are available.
Regular bus services also link Mundesley with neighbouring villages and coastal towns. The property has an EPC rating of D and falls within Council Tax Band A.
Council Tax Band: Holding Deposit: £207.00 Available End of August Immaculate Recently Refurbished Condition Charming Coastal Village Location Walking Distance to Sandy Beach Ideal for Single Occupants or Couples Close to Cafés, Pubs and Shops
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About 5, Norwich
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