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See how verdicts work1-bedroom flat · IP20 9EW
No longer listedReduced £30.1k (−14.3%) on 21 JunListed 382 days
Opportunity summary
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About
A bright & spacious one bedroomed retirement apartment. Located on the first floor, this stunning apartment boasts a juliet balcony from the lounge, a spacious walk-in wardrobe in the bedroom.
The apartment also has an allocated garage.
*early viewings advised* Waveney Place This attractive retirement development is in a tranquil location with easy access to Harleston town centre in stunning south Norfolk, exclusive to the over 60s.
Harleston itself has been voted Norfolk's town of the year on several occasions and it’s not hard to see why.
Aside from its enviable location, it packs a punch when it comes to enjoying a vibrant community feel and a long history.
Situated on Mendham Lane, this new development benefits from its close location to Harleston's town centre. There are many shops nearby, including a Co-op Food which is 0.5 miles away.
There is also a good selection of cafes just 0.5 miles from the development. Further afield, the busy city of Norwich is 20 miles away and can be reached by bus or car.
This retirement development designed to create a strong neighbourly feel with a luxurious communal lounge and beautiful shared garden to relax and socialise in.
The development already has a vibrant community, with events such as: Cheese & Wine, Coffee mornings and afternoons, Fish & Chip Friday, Movie afternoons, Pimms and Strawberries in the garden and Afternoon tea.
When your friends and family wish to visit, they too can enjoy comfort and privacy in the hotel-style guest suite.
Entrance Hall Front door leads to the entrance hall doors lead to the lounge, bedroom, kitchen and shower room. Lounge A bright and spacious lounge with French doors that open onto a Juliet balcony.
Allowing plenty of natural light into the apartment, making it bright and airy. TV point with Sky+ connectivity. Two ceiling lights, raised power sockets and fitted carpets.
Kitchen A wonderful modern open plan kitchen. A range of quality appliances, including waist height oven, ceramic hob and integral fridge/freezer.
Everything is laid out to make cooking and cleaning as effortless as possible. A dishwasher is also installed in the kitchen. Bedroom A spacious bedroom that boasts a walk-in wardrobe.
Floor to ceiling window allows plenty of light into this room. TV and telephone point. Bathroom A purpose built wet room, with non slip safety flooring.
Vanity unit with inset wash hand basin and storage, fitted mirror, WC, wall mounted heated towel rail. Garage An allocated garage comes with this apartment.
Service Charge • Cleaning of communal windows and exterior of apartment windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24-hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance • The cost of the excellent House Manager who oversees the smooth running of the development The service charge does not cover external costs such as your Council Tax, electricity or TV, but does include the cost of your House Manager, your water rates, the 24-hour emergency call system, the heating and maintenance of all communal areas, exterior property maintenance and gardening.
To find out more about service charges please contact your Property Consultant or House Manager. Annual Service Charge £3,856.68 for financial year ending 28/02/2026.
Additional Services & Information ** Entitlements Service** Check out benefits you may be entitled to.
** Part Exchange ** We offer Part-Exchange service to help you move without the hassle of having to sell your own home.
** Removal Service** Get a quote from our Partner Removal Service who can declutter and move you in to your new home.
** Solicitors** Get a quote from our panel solicitors who have dealt with a number of sales and purchases and therefore familiar with the McCarthy Stone set up.
For more information check our webpage additional services or speak with our property consultant • Ultrafast Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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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About 25 Waveney Place, Mendham Lane, Harleston
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