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See how verdicts work1-bedroom flat · NR14 6FJ
For saleReduced £7.5k (−5.7%) on 25 OctListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Norwich - 12.1 miles Beccles - 6.2 miles Loddon - 1.5 miles Enjoying a ground-floor position and boasting one of the largest footprints, we are pleased to offer CHAIN FREE this Grade II listed, apartment, which was converted in 2016 and is part of the popular Heckingham Park Drive development.
The property offers a generous open-plan sitting room/kitchen, a large double bedroom, and a bathroom.
Additional benefits include allocated parking, further extensive guest parking and access to delightful communal gardens, a gym and tennis courts.
Viewing is essential to fully appreciate the location, property and all the site has to offer.
Accommodation comprises briefly: Communal Hallway Entrance Hall Open Plan Sitting Room/Kitchen Double Bedroom Bathroom Intercom System Allocated Parking Communal Gardens Use of Tennis Court & Gym The Property Entering the building directly from the car park we access the apartment on the ground floor where a series of windows look onto the communal grounds.
The property opens into a spacious hallway with doors leading to the all of the accommodation, which comprises a spacious sitting room/kitchen, bathroom, and large double bedroom.
The open-plan kitchen and sitting room feature a contemporary, open-plan design.
The kitchen is fitted with a range of modern high gloss base and wall units, an integrated electric oven and hob with an overhead extractor and space for a fridge, freezer and washing machine.
Contrasting flooring and work surfaces compliment the space and a breakfast bar offers an informal dining spot.
The sitting room area offers space to dine and enjoys a large window looking onto the gardens. Stepping back through the hall we pass the airing cupboard offering great storage.
The bathroom is fitted with a double width corner shower cubicle, a WC, wash basin and heated towel rail.
The master bedroom is a superb size and features a window to the front, again taking in a view of the grounds. This room is extensive offering ample space for furnishings.
The apartment is finished to an high standard and includes double-glazed timber-framed windows throughout.
Outside The property is approached via a private road entrance and includes an allocated parking space adjacent to the entrance, along with extensive visitor parking in the communal car park.
A secure entry system provides access through a communal door to the internal front door.
Residents on site also benefit from access to the gym, a tennis court, a bike store and the maintained grounds that offer various communal areas.
Location Heckingham Park Drive is situated in the village of Hales, an ideal location for outdoor enthusiasts with numerous nearby walks.
It is close to the popular town of Loddon, which provides an extensive range of amenities including schools, nurseries, shops, Post Office, Churches, doctors surgery, dentist, library, veterinary practice, pharmacy, local gym, hairdressers, beauty salon, 3 pubs, a café, butchers and take-out options.
There is easy access to the Broads Network via Loddon Staithe and the River Chet. The area is well-served by reputable schools, including Hobart High and Langley School.
The market towns of Beccles and Bungay are within easy reach and for a wider range of amenities and for commuters, the Cathedral City of Norwich is approximately a 20-minute drive north, offering a mainline rail link to London Liverpool Street in under two hours.
Fixtures and Fittings All fixtures and fittings are specifically excluded from the sale, but may be available in addition, subject to separate negotiation. Services Electric heating.
Mains electric, water and drainage connected.
EPC Rating: C Local Authority South Norfolk Council Tax Band: A Postcode: NR14 6FJ What3Words: ///cookers.squashes.drove Agents Note This property is offered subject to and with the benefit of all rights of way, whether public or private, all way leaves, easements and other rights of way whether specifically mentioned or not.
Tenure Vacant possession of the leasehold will be given upon completion. Leasehold: 89 years remaining Ground Rent: £125pa TBC Service Charge: £2314pa (Approx.)
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 Heckingham Park Drive, Hales
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