2-bedroom property · NR29 5JZ
For saleListed 739 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained two bedroom riverside bungalow with far reaching views out over the River Thurne with approximately 50ft of private river frontage and mooring dock.
Currently used as a well established holiday let, the property offers accommodation that comprises an entrance porch, living room with river views, kitchen, shower room with separate w/c and two bedrooms.
With electric heaters and double glazing throughout, this well placed riverside property needs to be seen to be fully appreciated!
A perfect second home for anyone with a passion for boating, fishing, sailing, kayaking or paddle boarding or simply a tranquil vantage point to watch life on the river pass on by.
Accommodation Entrance Porch Picture window and French doors leading out onto the river facing garden.
Laminate flooring, glazed door to: Living Room: 12'8" x 10'10" (13'8" max) Dual aspect with window to front and rear, both offering impressive views.
Feature brick fireplace with electric fire on a stone hearth. Part panelled walls. Bedroom 1: 10'9" x 7'4" Window to front aspect with river views. Electric heater. Inner Hallway Laminate flooring.
Shower Room Shower enclosure, window to rear. Separate w/c Low level w/c, window to rear. Bedroom 2: 10'0" x 6'9" Window to front aspect with river views.
Kitchen: 10'0" x 6'11" Range of storage units with sink unit and drainer, electric cooker point, laminate flooring, windows to front and rear, door to side.
Outside The private quay headed river frontage extends to approximately 50ft and includes a personal mooring dock measuring approximately 26ft x 12ft. The garden is laid to lawn.
Additional information Tenure: Leasehold Term: Lease expires in 2085 Ground Rent: Circa £1,150 per annum Service Charge: Circa £600 per annum Services: Mains water and electricity Drainage: Holding tank Access: Via footpath and river only.
Whilst it is our intention that these sales particulars offer a fair and accurate account, they are provided for guidance purposes only and do not constitute part of any offer or contract.
All measurements are approximate and we have not tested any equipment or services, and no warranty is given or implied that these are in working order.
Prospective purchasers are advised to satisfy themselves by inspection or by further investigation via their solicitor or surveyor.
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
Agent & docs
FAQ
About M2, Riverside, Potter Heigham
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