4-bedroom detached house · NR23 1JE
For saleListed 48 days
Opportunity summary
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About
Lilac House is a rare opportunity to purchase a large detached house in a convenient location on the southern edge of, and within walking distance of, all the amenities offered by the ever popular seaside town of Wells-next-the-Sea.
The accommodation is arranged over two floors and offers a flexible layout with considerable scope to improve, enhance and reconfigure to suit individual requirements.
The ground floor comprises an entrance hall/boot room leading to an inner hallway with access to the kitchen/breakfast room and dining area, which is divided from the impressive full height vaulted sitting room by a double sided fireplace.
There is also a west facing conservatory, accessed from the sitting room, overlooking the gardens and with glazed doors leading outside.
Bedroom 2 is accessed from the entrance hall, while French doors from the sitting room lead to the northern wing of the property, where there is a utility room, boiler room, bathroom and two further bedrooms, one of which is currently configured as a jacuzzi room.
The first floor provides a particularly spacious vaulted bedroom suite with a balcony overlooking the sitting room, together with an en suite shower room.
Lilac House is being offered for sale with no onward chain and further benefits from gas-fired central heating, a fireplace housing a wood burning stove and UPVC double glazed windows and doors throughout.
Wells-next-the-Sea has been a commercial and fishing port for nearly 600 years and still supports a thriving fishing fleet bringing in a catch of, predominantly, shellfish sold locally on the quayside and in nearby restaurants.
With a growing number of leisure craft moorings, a lively, sociable sailing club, harbour and sea fishing trips, the town caters for every type of water activity including “gillying” - crabbing on the quayside.
Situated a mile from the Quay, the extensive sandy beach is often ranked as one of the top 10 in the country by travel journals.
Set against a backdrop of Corsican pinewoods, the stunning beach is home to the much publicised, iconic colourful beach huts, which are available to buy or can be rented daily.
From the top of town down to the Quay, Staithe Street provides visitors and locals with a wide variety of shops, cafes, galleries and speciality food stores.
For entertainment, the recently opened Wells Maltings offers live entertainment and exhibitions, whilst alongside the Quay, are all the usual popular traditional seaside attractions.
Alongside coastal scenery, wildlife and water sports, the town has a primary and secondary school – both rated Good by Ofsted - as well as a library, doctor’s surgery and cottage hospital providing a range of accessible and integrated health and well-being services.
Mains water, mains drainage and mains electricity. Gas-fired central heating to radiators. EPC Rating Band C. North Norfolk District Council, Holt Road, Cromer, Norfolk, NR27 9EN. Council Tax Band D.
Outside Lilac House is set back from the road behind a mature hedged boundary, with double wrought iron gates to the side opening onto an extensive brickweave driveway providing parking for several vehicles, a boat or caravan and leading to the detached brick-built double garage.
Brick archways with tall metal pedestrian gates provide access to the sides of the property and the delightful gardens, which wrap around the property to the north, south and west.
Extending to nearly 1/4 acre (subject to survey), the gardens are divided into two distinct sections.
The south and west facing garden has a paved terrace to the south opening from the kitchen’s French doors, while the west facing garden has mature hedged boundaries, raised beds and two timber sheds.
A walkway to the north leads through a low hedge to a further private lawned garden with fenced boundaries, mature shrubs and a large summer house.
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
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FAQ
About Lilac House, Warham Road, Wells-next-the-Sea
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