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See how verdicts work4-bedroom detached house · PE36 6LX
Sold STCListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully-appointed modern brick & flint house with a fabulous vaulted kitchen / family room in 0.79 acre south-facing gardens with a studio/workshop, outbuilding and a double garage.
• Porch opening to Entrance Hall • Sitting Room • Dining Room • Vaulted Kitchen / Family Room • Utility Room • Study / Bedroom 5 • Ground Floor Shower Room • Principal Bedroom with Dressing Room and En Suite Bathroom • Three further Bedrooms, one with En Suite • Family Bathroom • Beautifully-landscaped gardens lying to south • Double Garage • 3-Bay Cart-Shed • EV Charging point • Studio, presently used as a pottery • Substantial Garden Store • In all 0.79 acre THORNHAM is a pretty, conservation village situated within an Area of Outstanding Natural Beauty.
The village mainly contains traditional stone fisherman’s cottages and merchants’ houses along with three excellent public houses, a thriving deli and café and a number of individual shops at Drove Orchards, which include Eric’s award-winning Fish & Chip shop, Eric’s Pizza Restaurant and Gurney’s Fish Shed.
A small natural harbour is still used by a handful of fisherman and there is easy access to miles of unspoilt sandy beaches.
The nearby village of Burnham Market (7 miles) is renowned for its range of individual shops and restaurants whilst King’s Lynn (20 miles) offers High Street chains, leisure facilities and a mainline rail link to London King’s Cross (97 minutes) Elie House is partially situated within a designated Conservation Area; the drive and outbuildings all lie within the Conservation Area, the house and gardens to south fall outside of it.
HEATING: Oil-fired central heating. COUNCIL TAX: Band G SERVICES: Mains electricity, water and drainage. BROADBAND: Ofcom indicate that Ultrafast Fibre Broadband is available to the property.
MOBILE COVERAGE: Ofcom indicate that EE and Three provide variable coverage outdoors whilst O2 and Vodafone provide good coverage outdoors.
RESTRICTIONS – Restrictive Covenants stipulate that no more than one dwelling may be erected on the site, that the property must not be used for trade or business purposes other than as a B & B and that it must not be used other than as a private dwelling.
This means that the house should not be used as a furnished holiday let. PHOTOGRAPHS – taken October 2023.
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 Thornham, Norfolk
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