5-bedroom semi-detached house · NR9 5AL
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Ale House offers exceptional and versatile living with established business opportunities, all set within a central village location.
In the heart of Lyng, this centuries-old former ale house has been meticulously renovated and transformed by the current owners into a beautiful home that perfectly balances period charm with modern living.
Comprising a main house, annexe and converted barn, the possibilities for family life, multi-generational living or income generation are extensive.
The property currently operates successfully as both a family home and a thriving short-term holiday let business.
A stunning contemporary kitchen/dining/family room forms the heart of the home, featuring vaulted ceilings, bi-fold doors and an abundance of natural light.
Underfloor heating ensures year-round comfort, while the space opens seamlessly onto the central courtyard, creating the perfect setting for both entertaining and everyday living.
Beyond, there is a stylish shower room and a games room.
Across the entrance hall, an inviting sitting room with a feature fireplace and patio doors opening onto the courtyard provides a wonderful space to relax, while a formal dining room offers additional versatility.
Also located on the ground floor is a self-contained one-bedroom annexe, complete with a bedroom, shower room, and open-plan kitchen/living/dining area, which also enjoys direct access to the courtyard.
The first floor offers three of the property's impressive bedrooms.
The principal bedroom is a generous room positioned at the front of the property, showcasing attractive character features including exposed beams and a feature fireplace.
A further spacious double bedroom sits alongside and both are served by a beautifully appointed family bathroom. Across the landing is a third substantial bedroom with its own en-suite.
Benefiting from a separate staircase, this room would make an ideal guest suite. Separate from the main house is the converted barn, currently operating as a successful standalone holiday let.
This attractive space comprises an open-plan living and kitchen area, shower room and mezzanine-style loft bedroom.
The current owners have enjoyed considerable success renting the barn over recent years. Outside, the property offers a surprisingly spacious yet low-maintenance environment.
The enclosed rear courtyard provides a private setting for relaxing and entertaining, whilst also leading to additional parking at the rear, a gated driveway and a garage.
Offering a rare combination of an outstanding family home and genuine income-generating potential, The Old Ale House presents a unique opportunity.
The current owners have undertaken an extensive programme of renovation and modernisation while carefully preserving the property's rich character and history.
A viewing is essential to fully appreciate everything this remarkable home has to offer.
*** Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 The Street, Lyng, Norwich, Norfolk, NR9
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