4-bedroom house · PO41 0TA
For saleReduced £50k (−6.7%) on 21 JunListed 211 days
Opportunity summary
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About
A wonderful opportunity has arisen for a new owner to acquire this truly substantial and large family house located in a sought after semi-rural village of Wellow and extending to around 0.4 acre with fine views to the south.
Elm Grange is a significant country house that was constructed to a high standard with well-proportioned rooms which exude a feeling of grandeur and elegance of the time.
Finished in natural stone, the property would now require modernisation and offers a new owner the chance to put their stamp on this fine detached house.
Situated around two miles from the historic harbour town of Yarmouth with two ferry companies and an excellent range of amenities and two sailing clubs.
The property is accessible and benefits from being positioned on the edge of the pretty, quiet village of Wellow, with close by access to miles of wonderful countryside walks.
Enjoying a south facing aspect and constructed in the arts and crafts style, Elm Grange sits perfectly within its extensive plot and benefits from a large garden to the rear, front and side.
There is a large stone, brick and block detached outbuilding on the east side of the house that has a substantial room off the side with its own access.
This building would be perfect for an annex cottage (subject to planning) or a workshop for a car or boat enthusiast.
In addition to this building, the house has a very good sized attached double garage with large loft above.
The house comprises of a large double aspect sitting room with fireplace and garden views to the south and north. There is an impressive hallway, landing and wide staircase leading to the upper floor.
A further sitting room/snug/study is positioned at the eastern end of the house with offers a good aspect to the south. A north facing kitchen with adjoining utility room and ground floor w/c.
There is internal access through the adjoining garage with hatch to large roof space. On the first floor there are four good-sized bedrooms and a bath/shower room.
The house has a vast loft space, which, subject to obtaining necessary conditions could be converted to further accommodation.
There is plenty of built in storage and generally the house has plenty of windows looking into the well landscaped plot.
An attractive feature of this house is a large landing which offers wonderful south-facing views over the garden.
There are mature trees on the southern boundary and if these were thinned, it would open up stunning views towards The Downs (hills) and open countryside.
Outside There is a large garden on the southern side of the house with a pond and lawn beyond. Mature trees give the house a high level of privacy.
To the rear is a large formal lawn with hedging along the boundary. To the east side of the house is laid to lawn which may have once been a fruit/vegetable garden.
An attractive gated driveway leads to the house where there is ample parking.
The drive leads to the substantial outbuilding and adjoining garage Services Private drainage, electricity and oil central heating serve the property.
Tenure Freehold EPC Rating F Council Tax Band G Postcode PO41 0TA Viewings All viewings will be strictly by prior arrangement with the sole selling agents Spence Willard. Important Notice 1.
Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc.: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3.
Regulations etc.: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice.
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.
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FAQ
About Elm Grange, Wellow Top Road, Yarmouth
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