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See how verdicts work2-bedroom flat · NR23 1FA
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A luxuriously appointed two bedroom air-conditioned penthouse apartment with parking and panaoramic harbour and coastal views.
• Two bedroom penthouse apartment constructed in 2014 and tastefully refurbished in 2024. • Fully air conditioned. • Panoramic sea and harbour views.
• Successful holiday let and available to purchase furnished. • 824 sq.ft.
of accommodation as follows; Entrance Hall, Kitchen/Dining/Sitting Room, Master Bedroom with En-suite Shower Room/WC, Bedroom & Shower Room/WC.
• Heated balcony to sitting room overlooking the Quay, heated balcony to kitchen/dining area with south-facing rooftop views and a further balcony to the main bedroom looking out to sea.
• Desirable features include double glazed windows and doors, gas-fired underfloor heating, fitted wardrobes, a designated parking space and small store room.
• Leasehold property with 999 year lease from 2014. • Seaborne is situated on the top (3rd) floor which can be accessed via stairs or a lift from the rear of the building.
Services – Mains water, electricity and drainage. Heating – Gas-fired central heating. Council Tax Band – Currently business rated.
Broadband: Ofcom report that Ultrafast Broadband is available at the property. Mobile coverage: Ofcom report that O2, Vodafone, Three and EE offer good outdoor coverage.
Agent’s Note: 1-The property is leasehold with a 999 year lease commencing in 2014. Agent’s Note: 2-Pets are not permitted at the property. Agent’s Note: 3-Ground rent of 100 per annum is payable.
Agent’s Note: 4-A Service Charge is payable to Wells Quayside Management Co. Ltd. who manage the maintenance and insurance of the communal parts of the building.
The apportioned cost for Apartment 8 for the year of 01/01/2026 - 31/12/2026 is £5,201.80.
WELLS-NEXT-THE-SEA is a traditional fishing port situated on the north Norfolk coast, an Area of Outstanding Natural Beauty.
The town is a popular seaside destination and provides many amenities and attractions, with sandy beaches, a natural harbour and beautiful walks as well as individual shops, public houses and excellent restaurants.
Holkham Hall, a lovely Palladian stately home, is situated two miles to the west. Six miles away is Burnham Market, a pretty, Georgian village with a further range of individual shops and hostelries.
The High Street chains are to be found in the nearby market town of Fakenham.
There are many other attractions in the immediate vicinity, such as the Royal Estate of Sandringham, Houghton Hall and of course mile upon mile of sandy beaches, creeks and marshes which stretch along the north Norfolk coast from Old Hunstanton to Blakeney.
The coast offers pretty villages, RSPB reserves, links golf courses and many excellent pubs and restaurants to sample as well as walks and good sailing from a number of pretty, natural harbours.
FIXTURES AND FITTINGS: Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest.
Some items and contents may be available by separate negotiation if required. IMPORTANT NOTICE: These particulars have been prepared in all good faith to give a fair overall view of the property.
Measurements and distance are given as a guide only.
We have endeavoured to ensure the information given is accurate but we would urge you to contact the office before travelling any great distance to ensure that your impression of the property is as we intended.
None of the services, appliances or equipment have been tested and purchasers should satisfy themselves on such matters prior to purchase. VIEWING: Early inspection is recommended through the Agents.
For an appointment please telephone BEDFORDS, The Bower House, Market Place, Burnham Market, King’s Lynn, PE31 8HF. Tel: . All our properties can be found on the internet at
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
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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.
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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
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FAQ
About Wells-Next-The-Sea, Norfolk
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