3-bedroom terraced house · NR23 1EN
Listing removedListed 258 days
Opportunity summary
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About
GROUND FLOOR: The property has benefited from a number of updates over the years - from replacement windows, to new flooring and tasteful redecoration throughout.
A stable style front door, ideal for those with pets or young ones leads to the hall which then provides access to the reception rooms, as well as the stairs to the first floor.
An open-plan sitting/dining room has been the hub at Heinz Cottage, with dual aspect windows and French doors leading to the courtyard garden, as well as a gas fireplace - this bright and airy space has been home to many happy memories.
The kitchen is well equipped with a range of base and wall units and has enough worksurface to allow keen cooks to showcase their culinary skills.
Completing the ground floor space is a WC and storage cupboard.
FIRST FLOOR: At the upper level, unlike many traditional cottages, a standard staircase makes the transition between the two floors feel smooth and easy.
From the landing one can access the three bedrooms, two of which are double, together with the family bathroom. OUTSIDE: The outside space is arranged for ease of maintenance.
Access to the property is at the rear, there is a single garage, which provides most sought after parking.
Additionally, there is a patio courtyard garden - easy to look after and with a picket fence to keep your pets safe.
LOCATION: Wells-next-the-Sea was once a busy commercial port and manufacturing town between the 16th and 20th century and is now a popular seaside resort for holidaymakers.
Perfectly located to explore the coastline, of which almost a 50 mile stretch from Snettisham in the west to Mundesley in the east is a designated area of Outstanding Natural Beauty.
From the sweeping sandy beach bordered by pinewoods and colourful beach huts, to the bustling harbour where you'll find children crabbing on the quay opposite the finest fish & chips; to the pretty leafy green known as 'The Buttlands' with its warm & welcoming taverns - Wells is the perfect, family friendly seaside destination.
There are plenty of amenities including schools, a doctor's surgery, dentist, library, food stores, pubs and restaurants, as well as interesting independent boutiques and galleries.
The Maltings is a venue for art, theatre and cinema and the vibrant community has year-round events helping to keep this seaside town one of the most desirable places in Norfolk to live.
SERVICES: All mains services are connected to the property. Central heating is gas fired, supplied by a back boiler. DISTRICT COUNCIL: North Norfolk: Council Tax Band: C. EPC RATING: D.
TENURE: Freehold. VIEWING: By Appointment Through The Sole Agents, Spalding & Co., Office Opening Hours: Monday - Friday: 9:00 a.m. - 5:00 p.m. Saturday: 9:30 a.m. - 12:30 p.m. Email: Tel:
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 High Street, Wells-next-the-Sea
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