2-bedroom property · NR29 4BX
For saleReduced £10.5k (−26.3%) on 7 OctListed 947 days
Opportunity summary
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About
Aldreds are pleased to offer this attractively presented, two bedroom mid terrace holiday chalet situated on the much sought after Winterton Valley Estate.
The chalet offers accommodation including an open plan lounge/dining area, kitchenette, inner hall, two bedrooms and bathroom.
The chalet also benefits from double glazed windows, is sold equipped with furnishings and sits in well maintained communal lawned grounds.
An early internal viewing is recommended as chalets on this site usually prove to be very popular.
Living/Dining Room (5.22 x 3.85 maximum (17'1" x 12'7" maximum)) Spacious double aspect room with double glazed entrance door and uPVC double glazed patio doors to rear aspect allowing a pleasant view across communal lawned grounds, power points, tv point, fireplace with inset electric fire, doorways leading off to: Kitchenette (1.76 x 1.7 average (5'9" x 5'6" average )) Double glazed window to rear aspect, range of fitted wood trim kitchen units with wall and matching base units with work surface and tiled walls, recess with electric cooker, microwave, single drainer one and a half bowl stainless steel sink, door to: Inner Lobby Built in airing cupboard housing the copper hot water cylinder, doors leading off to: Bedroom 1 (2.81 x2.68 (9'2" x8'9")) Double glazed window to front aspect, double bed, fitted carpet, wardrobe and drawers.
Bathroom White suite comprising panel bath with electric shower over, pedestal wash basin, low level wc, tiled walls, frosted double glazed window to rear aspect, wood effect vinyl flooring.
Bedroom 2 (3.05 x 2.09 (10'0" x 6'10")) Two single beds, double glazed window to rear aspect, fitted carpet.
Outside The property sits in beautifully maintained communal lawned grounds with parking area nearby and areas of paved patio to the front and rear.
The Winterton Valley Estate backs directly onto the Winterton Valley dunes and beach beyond. Tenure Leasehold. 99 year lease from 25th March 1971.
Site charges 2024 - £2147 Including VAT Site open 24th March - 31st October Council Tax Great Yarmouth Borough Council - Band 'A' Services Mains water, electric and drainage.
Location Winterton-on-Sea is a coastal village approximately 9 miles north of Great Yarmouth with a sandy beach * Sand dunes * Nature Reserve * There is a selection of shops * Post Office * Public House * First School * Middle and High Schools are situated in Martham approximately 3 miles away * School buses operate in the area * Eastern Counties Bus services link the coastal village with Great Yarmouth.
Directions On arriving in the village of Winterton-on-Sea on the Hemsby Road, turn right into Edward Road where Winterton Valley Estate can be found on your right hand side, turn right into the main site entrance, continue along the access road, bear left and then turn in to the first car park on the left where the chalet can be found on the left hand side opposite the reception block car park.
Ref: Y12004/03/24/Cf
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.
Area
Agent & docs
FAQ
About 101 Winterton Valley Estate, Edward Road, Great Yarmouth
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