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See how verdicts work3-bedroom detached house · NR29 4DP
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A detached public house with generous living space and three en suite guest bedrooms. Large car park and attached barn.
LOCATION The property has a prominent roadside position within the quaint Norfolk Broads village of West Somerton which is approx 8.5 miles north of Great Yarmouth and 22 miles north east of Norwich.
The village is within 2 miles of the famous Norfolk Coast and in particular the popular seaside village of Winterton-on-Sea with its endless dunes and nature reserve.
PROPERTY DESCRIPTION The property comprises a detached building of traditional brick construction under a pitched tiled roof all within a large 0.45 acre self-contained site.
The ground floor provides two bar areas, games room, kitchen, a ground floor cellar and male and female toilets.
The first floor accessed via two staircases provides a private flat with three bedrooms, lounge, kitchen and bathroom.
There are three guest/hotel type bedrooms within a separate annex each with en suite toilet and bathroom facilities.
The property is fitted out with two bars and there is some equipment left in the kitchen and cellar.
Externally there is an attached barn of brick construction under a pantile roof providing storage and garaging.
There is a front car parking area for approximately three vehicles with a further large rear car park laid to gravel.
SCHEDULE OF ACCOMMODATION We have measured the property which provides the following approximate gross internal floor areas: Ground floor = 196 sq m (2,110 sq ft) First floor = 194 sq m (2,090 sq ft) Total = 390 sq m (4,200 sq ft) Site area = 0.182 ha (0.45 acres) SERVICES We believe that mains electricity, water and septic drainage are connected.
Oil fired central heating. We have not checked any of the services or appliances and we urge any interested party to do so prior to purchase.
TERMS The freehold of the property is available unconditionally at a price of £175,000.
BUSINESS RATES The property is currently listed as Public House and Premises with a current rateable value of £5,000 pa. PLANNING The site falls within the Boards Authority Catchment.
Alternative commercial uses may be considered. The site is large and there is the potential for development. The barn is a useful opportunity for potential development also.
All enquires to the Broads Authority Planning on or via their website broads-authority.gov.uk/contact-us where you will find a contact form to complete.
AGENTS NOTE The property does require refurbishment having been let to two publicans over the last thirteen years. AGENTS NOTE The property is regarded as an Asset of Community Value.
Please contact the Agents for further details VIEWINGS Strictly by appointment with the sole agents BYCROFT COMMERCIAL: te;: or email:
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
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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 Martham Road, West Somerton
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