3-bedroom house · NR27 0JR
Listing removedListed 152 days
Opportunity summary
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About
A Unique opportunity to purchase this charming bespoke 3 bed lodge available due to ill health. Situated on a distinctive plot at Forest Park.
Positioned at the end of a row with open-grass meadow views, it offers a truly unique setting. The interior and exterior have been impeccably presented providing a genuine "home-from-home" atmosphere.
A spacious, solid timber deck extends on two sides and incorporates a fish pond, water tap and power points. For storage there is an 8ftx6ft timber shed with lighting and power.
The south facing side of the decking overlooks the meadow and is bathed in all-day sunlight. King size master bedroom, with en-suite shower room with a linen press. Good sized 2nd bedroom.
( 9ft7ins x 9ft.2ins.) Bedroom 3(9ft.6ins x 8ft 8ins) presented as a dressing room with walk -in wardrobes.
Utility room with sink, washing machine, drier and a plumbed-in American Style Fridge Freezer with ice and chilled water, pull-out larder, full size storage cupboard, base and wall units.
Lounge diner with kitchen.
The lounge has free standing furniture including a display unit, TV and Wifi, The kitchen area has a rooflight, base and wall units incorporating a dish washer, wine cooler, electric oven, induction hob, an integrated fridge, and a breakfast bar with two stools.
There is an extendable table with six chairs in the dining area. Family shower room, incorporates a large storage cupboard housing the gas boiler.
Car Parking, Exceptionally large private parking bay, room for at least two cars.
Licence Agreement from 12/04/2024 to 12/04/2049 Includes Council Tax, Water, Drainage, Waste management, grounds maintenance & Wifi.
Occupancy from 15th March to 15th January Cannot be holiday let. Forest Park is a beautiful, family run trust, a stones throw away from the seaside town of Cromer and Overstrand beach.
With over 100 acres of stunning Repton landscaped, set in an area of outstanding natural beauty.
Disclaimer These particulars are provided as a guide only and do not form part of any offer or contract.
Henleys and its representatives have no authority to make or give representations or warranties.
All descriptions, measurements, photographs and plans are for guidance only and should not be relied upon as statements of fact.
Buyers should satisfy themselves as to the accuracy of the information through inspection or professional advice.
Services, appliances and equipment have not been tested and no warranty can be given as to their condition.
Planning permissions, building regulations and other consents should be verified by the buyer’s legal adviser.
Leasehold buyers should confirm ground rent, service charges and lease details with their legal adviser.
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 1 Woodland Rise, Forest Park, Northrepps Road, Cromer
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