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 work5-bedroom detached house · NR28 9RL
For saleReduced £50k (−9.1%) on 25 OctListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming period cottage, believed to date back some 250 years, has been a much-loved family home for over three decades.
During this time, it has been carefully maintained and thoughtfully cared for, resulting in a beautifully presented and highly versatile family residence rich in character and history.
Enjoying a peaceful rural setting, the property remains conveniently located within easy reach of the sought-after village of Worstead, which offers a range of local amenities including a primary school, village hall and a railway station providing regular services to Norwich and the coast.
The cottage is approached via a gated entrance with a central pathway bordered by an easy-to-maintain front garden.
To the rear, a brick-weave driveway provides off-road parking and leads to the beautifully tended gardens, ideal for both keen gardeners and those simply wishing to relax and enjoy the surroundings.
A paved patio creates an inviting space for outdoor dining, complemented by a timber-framed summer house.
A double-length garden shed offers excellent storage, while a historic concrete air-raid shelter, currently used for additional storage, adds a unique and interesting feature within the grounds.
Internally, the accommodation is both welcoming and well-proportioned.
An enclosed porch opens into a generous sitting room with two feature fireplaces, leading through to an adjoining dining room with access to the front entrance.
The kitchen is supported by a separate utility, alongside a ground-floor bathroom and laundry room. To the first floor, there are four bedrooms served by a family bathroom.
A particularly attractive feature of the property is the addition of a fully self-contained annexe, offering excellent flexibility for multi-generational living, guest accommodation or potential income.
The annexe comprises a sitting room with a striking brick fireplace, kitchen, bedroom, shower room and a garden room enjoying views across the gardens.
Life at Lyngate Cottage is further enhanced by its relaxed countryside lifestyle, surrounded by open farmland and well placed for outdoor pursuits including waterside walks, cycling and nature watching.
Despite its tranquil setting, the property does not feel isolated, with the nearby market towns of North Walsham and Stalham providing a wider range of shops and services, and Norwich easily accessible for comprehensive city amenities.
Agents Note: It is our understanding that the Property is not registered at the Land Registry. Your conveyancer will take the necessary steps and advise you as to time-frames for registration.
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 Lyngate Cottage, Barnards Road, Worstead, Norfolk
Explore nearby