2-bedroom house · NR31 9FN
Listing removedReduced £2k (−3.2%) on 22 JunListed 192 days
Opportunity summary
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About
A well presented, renovated, two bedroom mid terrace holiday chalet sitting in the popular Waveney Valley site. The property has a lounge/kitchen, two bedrooms and a shower room.
Sealed unit double glazing. Communal gardens, communal parking.
The property is offered with 10 months occupancy and no upward chain Lounge/Kitchen (4.92 max 3.2 min x 4 max 1.6 min (16'1" max 10'5") Double glazed window to front aspect, double glazed window to rear aspect, door to front, base storage units with worktops, stainless steel sink with drainer, electric cooker point.
Bedroom 1 (2.57 x 2.5 (8'5" x 8'2")) Built in wardrobe, double glazed window to front aspect, electric heater.
Bedroom 2 (2.5 x 2.5 (8'2" x 8'2")) Built in wardrobe, double glazed window to rear aspect, electric heater.
Shower Room (2.27 x 1.6 (7'5" x 5'2")) Shower in cubicle, hand basin, low level WC, tiled walls, opaque double glazed window to rear aspect. Outside Communal parking, communal gardens.
Tenure Freehold. For holiday use only. For occupation from 1st March-14th January annually. The vendor informs us the current service charge for the site is £1510 per annum.
Council Tax Great Yarmouth Borough Council - Band A Location Burgh Castle is a semi rural village 2 miles west of Gorleston and 4 miles from Great Yarmouth * The River Waveney and Breydon Water are on the outskirts of the village giving access to the Norfolk and Suffolk Broads * There is a yacht marina and historic Roman Castle ruins.
Directions Leave Gorleston on the A143 Beccles Road, continue through Bradwell, turn right at the roundabout into New Road, continue into Belton, at the mini roundabout turn right into Stepshort, continue into Burgh Castle, continue into Butt Lane, turn left into Waveney Valley Holiday Village.
Services Mains Electric, water, drainage What 3 Words Belief.print.charge Ref G18496/04/26
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.
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About 31 Waveney Valley, Kingfisher Park Homes, Burgh Castle
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