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See how verdicts work2-bedroom property · NR29 4BX
For saleListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are pleased to offer this well equipped, two bedroom mid terraced holiday chalet on this much sought after Winterton Valley Estate.
This chalet has been finished and maintained to a good standard and offers accommodation including open plan kitchen/living/dining area, inner hall, two bedrooms and bathroom.
The chalet also benefits from double glazed windows and sits in well maintained communal lawned grounds with on site parking available and an east/west facing aspect.
Early internal viewing is highly recommended.
Open Plan Kitchen/Living Room - Living Room Area - 4.27 x 2.41 (14'0" x 7'10") - Double glazed French doors and windows to front aspect, power points, tv point, electric fire, two seater sofa and armchair, carpeted flooring, door to inner hall, open access to:- Kitchen/Dining Area - 3.02 x 2.46 (9'10" x 8'0") - Double glazed window and door to rear aspect, kitchen area fitted with a range of white wall and matching base units with roll top work surface and tiled splashback, single drainer stainless steel sink and drainer with mixer taps, power points, recess with electric cooker, microwave oven, fridge, vinyl flooring, table and chairs.
Inner Lobby - Built in airing cupboard housing the hot water cylinder, doors leading off to: Bedroom 1 - 2.38 x 2.33 (7'9" x 7'7") - Double glazed window to front aspect, power points, two single beds, bedside table, fitted carpet.
Bedroom 2 - 3.23 x 2.41 (10'7" x 7'10") - Double bedroom with double glazed window to rear aspect, power points, double bed, wardrobes, drawers, fitted carpet.
Bathroom - White suite comprising panelled bath with electric shower fitting, low level wc, pedestal wash basin, tiled flooring, frosted double glazed window to front aspect, tiled walls..
Outside - The chalet faces an east/west direction with the front of the chalet having a paved terrace. There is ideal space to the front and rear to enjoy the sunshine.
Tenure - Leasehold - 99 years from 1971 Ground rent & maintenance charges for 2024 (including building insurance and electric) - £2,658.17 (inc VAT) Site fees paid for 2024 Site open 25th March - 30th October Dogs allowed Services - Mains water, electric and drainage.
Council Tax - Great Yarmouth Borough Council - Band 'A' 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 * 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 in to the site and after a couple of hundred yards the chalet can be found on the left hand side. Ref: Y12087/05/24/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 Edward Road, Winterton-On-Sea
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