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 work1-bedroom property · PE31 7LJ
For saleListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly built timber Beach Hut situated on the popular North Beach.
The beach hut which has just been built (2024) is Timber construction and painted grey and white for a modern look, it has a veranda at the front with a a timber surround.
VERANDA Newly built and painted with timber surround and entrance to hut.
BEACH HUT White timber double doors to hut, inside the beach hut is painted grey for a modern look along with a grey marble effect fitted worktop.
The site is held on an annual Licence from the Borough Council of King's Lynn & West Norfolk and the beach hut can be used from the 1 April to the 30 September each year.
The non-domestic rate is currently £139.20 per annum. The ground rent for 2024 is £700 which has been paid up until April 2025.
(There is an administration fee of three times the ground rent to assign the licence to the buyer).
The hut is located close to the entrance of the beach which is also close to a small shop, amusement areas, fish bar, Silver Sands restaurant/pub for refreshments/food and public toilets.
There is parking available close by (permits can be purchased from the Borough Council of King's Lynn for £58.10 valid from 1st March to 31st October.
Viewings are strictly by appointment only though Town and Country.
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 North Beach, Heacham
Explore nearby
