2-bedroom property · PE32 1LE
For saleReduced £10k (−14.3%) on 20 MayListed 231 days
Opportunity summary
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About
Guide Price: £60,000 - £80,000.
Occupying an elevated position within a lakeside setting, this detached park home enjoys open views across water and surrounding mature trees, complemented by allocated off-road parking.
Inside, a bright open-plan living area features a vaulted ceiling with Velux windows and double doors opening onto substantial wraparound timber decking with balustrade, creating a strong connection to the waterside outlook.
The modern fitted kitchen is arranged with a range of wall and base units, while accommodation includes two bedrooms, with fitted wardrobe space and an en suite cloakroom to the principal bedroom, alongside a contemporary shower room.
Set amongst lakes and open Norfolk countryside, the development appeals to those who enjoy walking, wildlife and waterside activities, with the added benefit of a well regarded on site fishing lake, as well as a welcoming bar and café for residents and visitors.
It remains conveniently placed for nearby villages of Narborough and Marham, where everyday amenities, schooling and a railway station with services to King’s Lynn and Cambridge can be found.
Location Pentney Lakes on Common Road in the village of Pentney sits between King’s Lynn and Swaffham, with direct access to the A47 providing convenient routes towards Norwich and beyond.
The nearby villages of Narborough and Marham offer everyday amenities including shops, schooling and a railway station with services to King’s Lynn and Cambridge, while the surrounding lakes and open Norfolk countryside create a setting well suited to those who enjoy walking, wildlife and waterside activities within easy reach of larger towns and coastal areas.
In addition to its rural surroundings, the area remains practical for commuters and those travelling further afield thanks to strong road links and public transport connections.
Pentney Lakes itself is known for its established holiday and leisure setting, attracting visitors and homeowners who value space, scenery and access to outdoor pursuits throughout the year.
Pentney Lakes, Common Road Entry is directly into the open plan living area, a bright and spacious room enhanced by a vaulted ceiling with inset spotlights and Velux windows above the kitchen section.
Full height glazing and double doors open onto the decking, drawing in natural light and framing uninterrupted views across the water and surrounding trees.
The living area is finished with fitted carpet, providing ample space for freestanding seating arranged to make the most of the outlook.
The kitchen is positioned to one side and clearly defined with vinyl flooring.
It is fitted with wood-effect work surfaces and white wall and base units, including cupboards with glazed inserts and chrome handles.
A stainless steel sink with drainer sits beneath the window, while cooking facilities include a double oven with gas hob, glass splashback and stainless steel extractor canopy above.
A freestanding fridge freezer is set neatly alongside, and the layout provides practical workspace within the overall open plan design. From the living space, an inner hall leads to two bedrooms.
The principal bedroom benefits from fitted wardrobe space as shown on the floorplan, together with its own en suite cloakroom and Velux windows allowing additional natural light.
The second bedroom offers a compact twin arrangement with built-in storage.
The shower room is fitted with a corner enclosure, pedestal wash basin and low-level WC, complemented by wall panelling and a window for ventilation.
In addition, the en suite cloakroom serves the principal bedroom and includes a WC and wash basin, again with half-height panelling and natural light from a window.
Externally, the property is wrapped by substantial raised timber decking with a balustrade, offering ample space for seating and outdoor dining.
Steps lead down to a lawned area, and the outlook across the lake is a defining feature, with reeds, open water and established trees creating an ever-changing backdrop through the seasons.
A gravelled area to the side provides convenient off-road parking. Agents notes Sold a leasehold, connected to the main services, water and electricity.
Septic tank installed in 2020 Gas-fired central heating Council Tax Band A 4 remaining on the lease Ground rent £3,600 per annum, including licence change Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with AML regulations, £52 is charged to each buyer which covers the cost of the digital ID check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About Common Road, Pentney
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