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See how verdicts work3-bedroom house · NR21 0DR
For saleListed 178 days
Opportunity summary
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About
Pleasantly situated in a quiet traffic free location within the popular village of Binham and offering lovely views over the Priory, this semi detached barn conversion of character is offered for sale with no onward chain and requiring some minor cosmetic attention.
The spacious and flexible accommodation includes a large dining hall, sitting room with fireplace, kitchen, inner hall, cloakroom, shower room and double bedroom on the ground floor, while on the first floor there is a large galleried landing and two further bedrooms.
The property sits in well tended common grounds for the enjoyment of residents and visitors and there is a large covered car port for one vehicle plus ample visitor parking.
Agents Note ; There is an annual charge of circa £400 for the upkeep and maintenance of the common areas. Binham is a most attractive, historical village with its atmospheric Benedictine Priory ruins.
Many of the village's cottages were built with stones from the ruins and, today, the Priory hosts summer concerts which make the most of the amazing acoustics.
The village has village stores, village hall, a popular cafe, The Parlour, and a celebrated inn, The Chequers.
The towns of Wells-next-the-Sea, Holt and Fakenham are in close proximity and the Cathedral city of Norwich is also within easy motoring distance.
Wells-next-the-Sea, a Georgian seaside town, is some 4 miles away and has many amenities and leisure activities on offer in the town or close by in the neighbouring coastal villages including, sailing, bird watching, walking, first class accommodation and restaurants, nursery, primary and secondary schools, doctor's surgery and a full range of shops.
4 miles to the east, the Georgian market town of Holt offers an amazing array of independent shops and businesses, art galleries, cafes and pubs and the Auden Theatre which hosts a wide array of different productions throughout the year.
Mains water, mains drainage and mains electricity. Electric heating. EPC Rating Band F. North Norfolk District Council, Holt Road, Cromer, Norfolk, NR27 9EN. Council Tax Band C.
Agent's note There is a charge of £400 per annum for upkeep of the common areas.
Ground Floor The flexible nature of the accommodation is illustrated by the welcoming and spacious reception hall/dining room which gives access to the first floor via the staircase at one end and leads to the principal rooms while also serving as the dining room.
To the front is a multi aspect sitting room with fireplace and the kitchen also has a front aspect.
Off an inner hall there is a large double bedroom overlooking the grounds with an adjacent shower room and separate WC.
First Floor On the first floor there is a spacious galleried landing with eaves storage cupboards overlooking the dining hall which could double up as an occasional bedroom and two further double bedrooms, one with stunning views over Binham Priory and the Stiffkey Valley.
Outside The property sits in well tended and mature common grounds with pleasant seating areas and sweeping lawns.
Each property has a large single covered car port with storage area and there is a concealed bin storage area
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 11, Buttlands Close, Binham
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