We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · NR32 3PQ
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** no onward chain *** Enjoying captivating waterside views across Oulton Broad towards Nicholas Everitt Park, this exceptional apartment occupies a truly enviable setting.
Forming part of an exclusive development of just four purpose-built apartments, the building was designed by the renowned architect Alan Paine, creating a distinctive and highly desirable residence.
Positioned between a handsome former maltings and a collection of prestigious waterside homes, the apartment sits within one of the most sought-after areas of Oulton Broad.
Despite its peaceful surroundings, the property remains conveniently located within walking distance of local shops, cafés, restaurants and leisure facilities, offering the perfect balance between tranquil Broadland living and everyday convenience.
With scenic views, riverside walks and parkland close by, this home provides an outstanding opportunity to enjoy the lifestyle Oulton Broad is known for.
Please access the property brochure for detailed particulars.
Disclaimer All measurements are approximate and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on.
The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given and that they are in working order.
Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property.
Whilst we carryout our due diligence on a property before it is launched to the market and we endeavour to provide accurate information, buyers are advised to conduct their own due diligence.
Our information is presented to the best of our knowledge and should not solely be relied upon when making purchasing decisions.
The responsibility for verifying aspects such as flood risk, easements, covenants and other property related details rests with the buyer.
If you proceed with an offer on this property, we are obliged, by law to undertake Anti Money Laundering checks on behalf of hmrc. We outsource this process to our compliance partners, Coadjute.
Coadjute charge a fee for this service
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
Area
Agent & docs
FAQ
About 3 Somermead Court, Maltsters Way, Oulton Broad
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