2-bedroom house · PE14 9RJ
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description This detached, single storey lodge, is set in a quiet, riverside location in the rural village of Welney.
The property features a spacious 23' lounge, with open plan kitchen and dining areas. There are also two bedrooms, en-suite shower room, separate bathroom and a study/office room.
Council Tax Band: A (King's Lynn and West Norfolk Borough Council) Tenure: Freehold Study 8'3" x 5'5" (2.52m x 1.64m) UPVC double glazed window to side, radiator, door to storage cupboard, UPVC double glazed door to rear Kitchen Area 11'6" x 9'5" (3.50m x 2.86m) Fitted with a range of wooden wall and base units, fitted worktop, 1 1/2 bowl sink and drainer unit with mixer tap, range style cooker, extractor hood, integrated dishwasher, washing machine and tumble dryer, American style fridge/freezer, double glazed UPVC window to rear Dining Area 9'9" x 9'5" (2.97m x 2.86m) Double glazed UPVC patio doors to front, double glazed UPVC window to side Lounge 23'3" x 13'3" (7.08m x 4.03m) Three UPVC double glazed windows to front, two UPVC double glazed windows to rear, exposed timber beams, TV point, radiator, wall lighting Inner Hall Bedroom 1 11'5" x 9'2" (3.49m x 2.80m) UPVC double glazed window to rear, two fitted wardrobes, door to; En-Suite Shower Room Low level WC, vanity basin unit, shower cubicle, extractor fan, heated towel rail Bedroom 2 11'7" x 9'7" (3.53 x 2.93m) UPVC double glazed window to front, fitted wardrobe Bathroom Low level WC, vanity wash hand basin unit, panelled bath with wall mounted shower attachment and shower screen, shaver point, extractor fan, heated towel rail Outside: Garden The property has gated access and a shared driveway with the neighbouring property.
There is decking area to the front alongside an ornamental pond with shrub and plant borders. There are two sheds at the rear, one measuring 8' x 6' and the other 10' x 6'.
Please Note: Notes to purchaser: A) The owner or owner's representative has provided these details which are believed to be an accurate description of the property b) It is the purchaser's responsibility to ensure that electrical, heating or plumbing systems are tested prior to purchase c) All measurements included in the description are approximate and only for guidance d) Unless arrangements are made to include fixtures, fittings, appliances, carpets or curtains in the sale, the vendor reserves the right to remove them.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Mill Cottage, Bedford Bank, Welney
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