4-bedroom house · PE33 9FL
For saleReduced £25k (−3.2%) on 9 OctListed 197 days
Opportunity summary
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About
Summary Two properties that combine for over 3000 square feet of accommodation. The Old School House has four bedrooms and The Old Chapel three bedrooms.
These are ideal properties for anyone looking for multi-generational living or those seeking an income streaming property.
Description A unique offering of two detached dwellings, that combine to over 3000 square feet of accommodation.
Located in a beautiful spot overlooking a large pond in the popular Norfolk village of Wereham.
The Old School House is a detached property with four bedrooms, two bathrooms, a ground floor WC and ample living space.
The Old Chapel is offers three bedrooms, three reception rooms and two bathrooms.
These are ideal properties for anyone looking for multi-generational living or those seeking an income streaming property. The Old School House is currently used a popular holiday rental.
For further details of the income potential please contact the office on . Location Wereham is a small village in Norfolk, that has a rich history that dates back to the Bronze Age.
The village was mentioned in the doomsday book of 1086 and has been inhabited since then.
It was a thriving agricultural community in the 19th century, with many residents working on the surrounding farms.
Today, Wereham is a peaceful and picturesque place to live with a strong sense of community and range of local amenities including a Public House.
The village is surrounded by beautiful countryside, with plenty of opportunities for walking, cycling and horse riding.
The nearby River Ouse is a popular spot for fishing & boating and there are several natures reserves in the area, including the rspb reserve at Snettisham.
For those interested in history, there are several historic sites to explore, including the ruins of Castle Acre Priory and the medieval town of Kings Lynn.
Overall, Wereham is a charming and welcoming village that offers a taste of rural life in the heart of Norfolk.
The Old School House A well-proportioned four-bedroom home with accommodation comprising: - an L-shaped siting room with a feature brick inglenook fireplace with inset wood burning stove and triple aspect allowing for plenty of natural light to enter the home.
The rest of the ground floor is made up with a large kitchen/dining room, a WC and laundry room. To the first floor there are four double bedrooms.
One of the bedrooms has an en-suite shower room and there is a large family bathroom. The Old Chapel A distinctive looking property full of character and charm.
The sitting room is dual aspect with two feature 'chancel style' windows helping to offer plenty of natural light, in addition the vaulted ceiling assist with the feeling of space.
The rest of the ground floor is made up with a sun room with a feature brick and flint wall, a dining room, bedroom bathroom, kitchen/breakfast room and a laundry room.
To the first floor a galleried landing has access to two bedrooms and a family bathroom. A double garage if offered to the rear of the home.
Agents Note The properties are currently two separate dwellings. However, in the past there has been access from the sun room in the Old Chapel through to the Old School House.
The doorway has since been bricked up. For anyone wishing to open that up again, the option is available. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly 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 constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever 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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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 The Old School House, Bens Lane, King's Lynn
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