2-bedroom house · NR12 8TH
Sold STCReduced £10k (−3.3%) on 21 AugListed 107 days
Opportunity summary
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About
Lilly's Cottage is set within the exclusive Peninsula riverside holiday development in the heart of Wroxham, offering the perfect waterside escape for those seeking to relax beside the River Bure or explore the spectacular waterways of the Norfolk Broads National Park.
The property benefits from an approximately 19ft private mooring together with an allocated parking space, making it ideal for boating enthusiasts and holidaymakers alike.
Approached from the front, the cottage enjoys a raised seating area overlooking beautifully maintained communal lawned gardens that extend directly to the river's edge.
Fishing is available immediately outside the property and throughout the communal riverside grounds during the open fishing season, creating a wonderful setting to unwind and enjoy the peaceful surroundings.
To the rear, a private waterside terrace provides an idyllic space for alfresco dining, entertaining, or simply watching boats drift by while enjoying uninterrupted river views.
Beautifully positioned within easy walking distance of Wroxham's excellent selection of cafés, restaurants, public houses, and attractions, the cottage offers an outstanding holiday lifestyle in one of the Norfolk Broads' most desirable locations.
Currently operating as a highly successful self-catering holiday let, the property presents an excellent investment opportunity or a delightful personal retreat.
The well-presented accommodation comprises an open-plan sitting, dining, and kitchen area on the ground floor, with French doors opening directly onto the rear waterside terrace.
Upstairs, there are two generous double bedrooms and a well-appointed family bathroom.
Further enhancing its appeal, the property is just a short stroll from the centre of Wroxham, where a wide range of independent shops, Roys department store and supermarket, a post office, and riverside amenities can be found.
Boat hire is readily available, providing the opportunity to explore miles of picturesque waterways, discover abundant wildlife, or enjoy leisurely lunches at one of the many waterside pubs and restaurants that make the Norfolk Broads such a unique destination.
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.
Area
Agent & docs
FAQ
About 55, Pennisula Cottages Staitheway Road, Norwich
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