We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · NR26 8BU
For saleReduced £26k (−8.4%) on 25 OctListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A semi-detached chalet style property located on the edge of Sheringham with just a short walk to the town centre, beach and promenade.
The property would benefit from some updating after which it would make an excellent family home.
Inside the accommodation includes three bedrooms, a lounge, fitted kitchen, shower room with walk in shower and separate cloakroom.
Outside there is a lovely mature south facing garden, summer house and workshop ideal for hobbies or storage. This property is being offered with NO onward chain.
Hallway - Doors to all rooms, ceiling light, electric heater, stairs to first floor. Laminate wood flooring. Door to large storage cupboard.
Cloakroom - Window to the front, low level WC, wash basin, ceiling light.
Ground Floor Shower Room - Window to the side, walk-in shower cubicle with mermaid boarding and shower over, vanity wash basin, tiled walls and floor, ceiling light, door to AIRING CUPBOARD with hot water cylinder and shelving.
Kitchen - Window to front, range of cream base and wall units, with dark wood work surface and inset stainless steel sink units and mixer tap over.
tiled splashbacks, provision for washing machine, dish washer, cooker with extractor hood above and space for fridge freezer. Ceiling light, wood effect flooring.
Lounge - Window to side, French doors to rear garden with fitted slatted wooden blinds. Laminate wood flooring. Pine clad ceiling, ceiling light, TV point.
Landing - Doors to all rooms, carpet, ceiling light. Bedroom One - Window to the front, laminate wood flooring, electric wall mounted heater, ceiling point, built in wardrobes.
Bedroom Two - Window to the rear, carpet, ceiling light. Bedroom Three - Window to the rear, ceiling light, carpet.
Outside - A corner plot with steps to the front door, mature lawn and hedging and wood access gate to the rear garden.
Summer house, three seating areas, many mature trees and shrubs, large workshop to the rear of the garden with power. Green house, and all the garden is enclosed by wood panel fencing.
Agents Note - This is a Freehold property, mains services connected, mains water and sewerage. This property has a council tax band C.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Nelson Road, Sheringham
Explore nearby