2-bedroom detached house · NR26 8PA
Sold STCListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this detached bungalow enjoying a cul-de-sac position close to woodland at Pretty Corner.
The property enjoys distant views of the sea from its slightly elevated position. The accommodation had the benefit of gas fired central heating and sealed unit glazing.
Some updating would be beneficial although this is reflected in the Guide Price.
Acacia Grove is located towards the southern outskirts of the Town, approximately 3/4 mile from the Town Centre which offers an excellent selection of shops and restaurants.
However, there is a convenience store close by.
Entrance Hall - Fully glazed entrance door and side panel, radiator, built in cupboard housing gas fired boiler providing central heating and domestic hot water, built in store cupboard, access via folding ladder to roof space.
Lounge/Dining Room - A lovely light room with two aspects, including a large picture window to the front. Radiator, provision for TV.
Serving hatch opening to: Kitchen - A comprehensive range of wood faced base and wall cabinets, laminated work surfaces and tiled splashbacks, inset stainless steel sink unit, inset four ring gas hob unit, integrated electric double oven, provision for under counter fridge, provision for washing machine.
Window and fully glazed door opening to: Conservatory - With doors front and rear to the gardens.
Shower Room - Corner shower enclosure with mixer shower, pedestal wash basin, close coupled w.c., radiator, electric shaver point, mirrored wall cabinet, part tiled walls.
Bedroom 1 - Window to rear aspect, radiator. Bedroom 2 - Window to rear aspect, radiator. Outside - Attached brick built GARAGE: With up and over door, personal rear door, electric light and power.
Gardens - The property enjoys a slightly elevated position with a brickweave driveway leading to the garage and providing additional off-road parking.
At the front of the property is an open plan lawned area. A side access then leads to the rear garden which has a paved patio area and a sloping lawn with distant views of the sea.
There are some established shrubs to the rear boundary. Agents Note - The property is freehold, has all mains services connected and has a Council Tax Rating of Band C.
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.
Area
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FAQ
About Acacia Grove, Sheringham
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