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See how verdicts work2-bedroom house · PE31 7EA
Listing removedListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Beautifully Refurbished Two-Bedroom Character Property The Norfolk Agents are delighted to offer Olive House, a beautifully refurbished character property situated in the heart of Heacham; just around the corner form a range of village amenities and within a 15-minute walk of the beach.
The property underwent a transformative renovation programme in 2023, with every aspect of the house being modernised and upgraded; from the roof, windows and heating system, to the high-quality fixtures and fittings which have been installed throughout.
The house now offers stylishly appointed accommodation, including an open-plan kitchen/dining area leading into a delightful garden room, as well as two luxurious en-suite double bedrooms.
The gardens have also been completely re-modelled, with a private seating terrace, a neatly maintained lawn and a gated parking area with a shed and an electric vehicle charging point.
In recent years, the property has been successfully rented out for holidays and short breaks, and is available with no onward chain.
Accommodation Visitors are welcomed into an elegant entrance hall, with panelled walls, tiled flooring and a staircase which rises to the first floor.
The front reception room is a cosy bay-fronted sitting room, with traditional coving and a picture rail, along with a wood burning stove which serves as the main focal point.
At the centre of the ground floor is the kitchen/dining area, complete with a full range of integrated appliances, as well as a large walk-in pantry.
Beyond the dining area is another versatile reception space (listed as the garden room) with acoustic wall-panelling and a pair of sliding doors which open to the rear terrace.
To the side of the garden room is a well-equipped utility room, with an integrated washing machine and a door into the ground floor cloakroom.
Upstairs there are two double bedrooms, either side of the landing.
Both bedrooms are generous double rooms, with bedroom 1 enjoying the luxury of a 4-piece en-suite with a bath and separate shower, whilst bedroom 2 has a dressing area and an en-suite shower room.
Outside The attractive frontage has been professionally landscaped, with ornamental planting behind a row of wrought iron railings and a path leading to the front door.
Gated access at the side of the house leads around to the private east-facing rear garden, which measures around 100ft in total (including the driveway) and includes a delightful paved terrace with a pergola, planted borders around a manicured lawn and a private parking area which can accommodate several vehicles.
The gated driveway is accessed via a service road which runs in parallel with Poplar Avenue and also houses a timber storage shed and an electric vehicle charging point.
Location Heacham is a thriving village in north-west Norfolk, approximately 2 miles from the popular seaside town of Hunstanton and around 12-miles from Kings Lynn, where there is a direct trainline into London Kings Cross, via Cambridge.
The renowned North Norfolk coastline is only a short drive along the A149; whilst Burnham Market is around a 20-minute car journey away.
Heacham enjoys a wide range of amenities including schools, pubs, restaurants, a golf club and various shops, as well as a lively village hall and social club.
The village is also a popular holiday destination, with several miles of beaches and other tourist attractions. Services The property is connected to mains drainage, gas, electricity and water supply.
Gas-fired central heating to radiators. Council Tax Band: C EPC Rating: Tbc Tenure: Freehold 1.
To comply with the Money Laundering Regulations, we must verify your identification documents and source of funds. These checks are carried out by Coadjute, a regulated third-party provider.
A £45 fee (+ VAT) per client applies to cover administration and verification, payable at the outset. 2.
While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property.
If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations. 3.
The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property.
We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5.
These particulars are issued in good faith but do not form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
The Norfolk Agents limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to this property.”
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About Olive House, 38 Poplar Avenue, King's Lynn
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