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See how verdicts work2-bedroom terraced house · NR23 1BL
Listing removedListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated at the head of a quiet loke, just off Freeman Street, close to the quay and town centre this attractive brick and flint cottage was professionally renovated 10 years ago and is now offered for sale in immaculate order throughout with clever design features to maximise the use of space, hard landscaped courtyard garden and private parking space.
The accommodation includes fitted kitchen/dining room, utility lobby, cloakroom. Spacious sitting room overlooking the garden, bedroom 1 with en-suite shower and bedroom 2 with en-suite shower.
Additional features include gas to radiator central heating, double glazed sash windows and quality hardwood joinery throughout, including oak flooring.
To the rear is an enclosed and hard landscaped courtyard garden and there is an allocated single parking space.
This property has been a much cherished private holiday home and is available with no onward chain.
Wells-next-the-Sea has been a commercial and fishing port for nearly 600 years and still supports a thriving fishing fleet bringing in a catch of, predominantly, shellfish sold locally on the quayside and in nearby restaurants.
With a growing number of leisure craft moorings, a lively, sociable sailing club, harbour and sea fishing trips, the town caters for every type of water activity including “gillying” - crabbing on the quayside.
Situated a mile from the Quay, the extensive sandy beach is often ranked as one of the top 10 in the country by travel journals.
Set against a backdrop of Corsican pinewoods, the stunning beach is home to the much publicised, iconic colourful beach huts, which are available to buy or can be rented daily.
From the top of town down to the Quay, Staithe Street provides visitors and locals with a wide variety of shops, cafes, galleries and speciality food stores.
For entertainment, the recently opened Wells Maltings offers live entertainment and exhibitions, whilst alongside the Quay, are all the usual popular traditional seaside attractions.
Alongside coastal scenery, wildlife and water sports, the town has a primary and secondary school – both rated Good by Ofsted - as well as a library, doctor’s surgery and cottage hospital providing a range of accessible and integrated health and well-being services.
Mains water, mains drainage and mains electricity, gas to radiator central heating. EPC Rating Band C expires March 2026 North Norfolk District Council, Holt Road, Cromer, Norfolk, NR27 9EN.
Council Tax Band C Ground Floor A stable door leads from the parking area into the fitted kitchen dining room which features bespoke storage cabinets, composite worksurfaces, fitted appliances and tiled flooring.
Off the kitchen is a utility lobby accessed via a sliding door which minimises any appliance noise and has racked storage and plumbing for an automatic washing machine.
There is a cloakroom WC off the utility. The sitting room overlooks the garden with double doors affording access and there is oak boarded flooring and a solid oak staircase rising to the first floor.
First Floor A bright landing with Velux roof light and loft access for storage leads to the two double bedrooms, the first with front aspect, fitted wardrobes and en-suite shower room and the second overlooking the rear garden, also with en-suite facilities.
Both en-suites have space saving sliding doors. Outside To the front of number 13 is an allocated, gravel covered parking space for one vehicle.
The rear courtyard garden is enclosed and secure with close boarded fencing to the boundary and has been landscaped to include brick and paved split level patio, raised water feature, plant level lighting and shrub beds.
There is also a timber tool shed.
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 13, Mindhams Yard, Wells-Next-the-Sea
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