3-bedroom house · NR23 1BJ
Under offerListed 326 days
Opportunity summary
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About
Grade 2 Listed, 19th Century, mid-terraced former Fisherman's Cottage, of traditional, brick, flint & tiled construction, with accommodation spread over 3 floors, and having gas fired central heating.
Requiring some improvement and updating.
This Period property offers considerable Character, and offers: On the Ground Floor - 27ft open-plan Sitting room with Kitchen Area; 2 Bedrooms and a Shower room to the First Floor, and an Attic Bedroom 3, with fine rooftop views to the marshes, Pinewoods and Sea.
Small, South-facing, well enclosed patio area. Located in a quiet position, just 350 yards from the famed Quay, and within easy walking distance of all other amenities.
Ground Floor: (Approached off Chapel Yard) Canopy Entrance Porch: Half glazed door to. Kitchen Area: 10'0" x 7'8", (3.0m x 2.3m).
Stainless steel sink unit set in fitted work surface with tiled splashback, and cupboards, drawers, appliance space and plumbing for washing machine under.
Matching range of wall mounted cupboard units. Strip light. Venetian blind. 'Through' breakfast bar and step down to Sitting room: 17'9" x 11'5", (5.4m x 3.5m), (max).
Brick fireplace surround with fitted gas fire, and mantle shelf. Shelved understairs cupboard. Sash window. Wall lights and spotlights. TV point. Half glazed door to Mindham's Yard.
First Floor: Landing: Bedroom 1: 11'5" x 9'5", (3.5m x 2.9m). Bedroom 2: 9'4" x 7'10", (3.2m x 2.4m). Built in cupboard housing wall mounted, gas fired central heating boiler.
Adjoining wardrobe cupboard with fitted shelves and hanging rail. Double glazed window to South. Shower room: Tiled shower cubicle with "Triton" fitting and sliding screen doors.
Pedestal hand basin with tiled splashback, shelf, mirror and light/shaver point over. Low level WC. Extractor fan. Second Floor: Attic Bedroom: 11'6" x 11'5", (3.5m x 3.5m). Shelved recess.
Access to eaves. Fine rooftop views to the marshes, Pinewoods and Sea Outside: On the South side of the property is a small.
well enclosed, patio area with raised flower bed and steps leading up to Chapel Yard. There is pedestrian access on the North side of the cottage over Mindham's Yard to Freeman Street and The Quay.
Services: All mains services are connected to the property. District Authority: North Norfolk District Council, Cromer. Tel: . Tax Band: "C".
Directions: From The Quay proceed Westward along Freeman Street, and at 300 yards, turn left into Mindham's Yard. The cottage will be found at the top of the yard, as marked by a for sale board.
Alternatively, from The Quay, take Glebe Road, and at the top of the hill turn right into Theatre Road. Turn right into Chapel Yard, where the cottage is again marked by a for sale board.
Location: Wells-next-the-Sea is an attractive Georgian Town and Port on the North Norfolk coastline, with a fine sandy beach, and creeks and marshes providing sheltered moorings, within an area designated as being of outstanding natural beauty, and ideal for bird watching.
The Town has nursery, primary and secondary schools, doctor's surgery, 2 supermarkets, petrol station and a full range of diverse, independent shops.
Further shopping, educational, sporting and leisure facilities are available in the Market Town of Fakenham, (10 miles to the South), and the City of Norwich, with its international airport and direct rail link to London (Liverpool Street) is 35 miles distant.
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.
Area
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FAQ
About Chapel Yard, Wells-Next-The-Sea, Norfolk, NR23
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