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 terraced house · NR23 1QG
Sold STCListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pleasantly situated, fronting an open green, this spacious and well presented modern home offers well- appointed family accommodation over three floors and further benefits from landscaped gardens, garage and parking.
The gas centrally heated and double glazed accommodation includes a deep entrance hall, cloakroom, bright and spacious living room, fitted kitchen/dining room, two first floor bedrooms, one with en-suite shower and family bathroom and second floor principal bedroom, again with en-suite shower room.
The split level rear garden is attractively landscaped to include an attractive terraced area and securely fenced with gated access to the front and pedestrian access to the garage, which is of single size with additional parking.
This property is to be sold with no onward chain.
Wells-next-the-Sea has been a commercial and fishing port for nearly 600 years and still supports a thriving fishing fleet bringing in a catch of, predominantly, shellfish sold locally on the quayside and in nearby restaurants.
With a growing number of leisure craft moorings, a lively, sociable sailing club, harbour and sea fishing trips, the town caters for every type of water activity including “gillying” - crabbing on the quayside.
Situated a mile from the Quay, the extensive sandy beach is often ranked as one of the top 10 in the country by travel journals.
Set against a backdrop of Corsican pinewoods, the stunning beach is home to the much publicised, iconic colourful beach huts, which are available to buy or can be rented daily.
From the top of town down to the Quay, Staithe Street provides visitors and locals with a wide variety of shops, cafes, galleries and speciality food stores.
For entertainment, the recently opened Wells Maltings offers live entertainment and exhibitions, whilst alongside the Quay, are all the usual popular traditional seaside attractions.
Alongside coastal scenery, wildlife and water sports, the town has a primary and secondary school – both rated Good by Ofsted - as well as a library, doctor’s surgery and cottage hospital providing a range of accessible and integrated health and well-being services.
Mains water, mains drainage and mains electricity. Gas-fired central heating to radiators. EPC Rating Band tbc. North Norfolk District Council, Holt Road, Cromer, Norfolk, NR27 9EN.
Council Tax Band D. Ground Floor A Georgian style entrance portico and panelled front door lead into a deep entrance hall with staircase to first floor and cloakroom.
The spacious living room has an attractive front aspect over the green and double doors leading to the dining area of the fitted kitchen/dining room which is well equipped with fitted oven, hob, extractor hood and dishwasher.
Double doors lead from the dining area on to the paved terrace First Floor The first floor landing leads to bedroom three, a smaller double with a rear aspect over the garden, modern family bathroom and bedroom two, a generous double with front aspect over the green, built-in wardrobes and en-suite shower room.
Second Floor Stairs rising from the first floor landing lead to the second floor with a very spacious dual aspect principal bedroom suite including a fully tiled en-suite shower room, walk-in eaves storage cupboard and loft access.
Outside To the front of the 11 Ashburton Close there is an ornamental gravel covered garden area behind attractive Privet hedging and gated access to the side of the property.
The rear garden is split level and hard landscaped with an attractive paved terrace area with ornamental borders and steps down to a further patio area, lawn and shrub borders.
The garden is securely fenced with pedestrian access to the front, parking area and garage. The garage, en-bloc to the rear is of single size, with pitched roof and power connected.
Timber garden shed.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 11, Ashburton Close, Wells-next-the-Sea
Explore nearby