3-bedroom detached house · NR20 4JS
Under offerListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming cottage on the river Wensum Description Marsh Cottage is a wonderfully positioned period cottage, enjoying a south facing position, with fine views over water meadows to the river Wensum and countryside beyond.
With complete privacy the cottage provides a rare opportunity.
The house is set back from the road, and comprises a dining room with wood burner, a functional kitchen, a spacious sitting room with open fire and a useful large utility/boot room and ground floor WC.
All three bedrooms are on the first floor, together with the bath/shower room. The property has two staircases.
The cottage sits within mature gardens and grounds, with wooded area, lawn, gravelled parking and fenced boundary.
Location Marsh Cottage is conveniently located in an area of unspoilt mid-Norfolk countryside, with easy access to Norwich.
The village of Elsing has a public house and the neighbouring viillage of Lyng has a pub, village store, primary school and leisure facilities including fishing lakes and the surrounding countryside to the house has a network of footpaths and bridleways.
The popular market town of Reepham is 5 miles with a good range of shopping and renowned secondary school The Georgian town of Holt is 17 miles, with a host of boutique independent shops, Byfords delicatessen and Gresham Public school.
Norwich, the cathedral city and regional centre of East Anglia, is approximately 13 miles, and has a thriving business community and excellent retail sector together with cultural and leisure activities for most tastes and a regular rail service to London Liverpool Street and Cambridge.
The city also has an increasingly impressive education sector at all ages and levels.
Square Footage: 1,592 sq ft Acreage: 0.71 Acres Additional Info Services,/b> Electricity, private drainage and water from a borehole in the adjacent farm buildings. Electric night storage heating.
Local authority Breckland District Council Council Tax Band D Fixtures & Fittings All fixtures and fittings including fitted carpets and curtains are specifically excluded from the sale, but may be available in addition, subject to separate negotiation.
Viewing Strictly by appointment with Savills. If there is any point which is of particular importance to you, we invite you to discuss this with us, especially before you travel to view the property.
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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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 Mill Street, Elsing, Dereham, Norfolk, NR20
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