3-bedroom terraced house · PE31 8UU
Sold STCListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mid-terraced 3 bedroom cottage with parking built c. 2001 by the Holkham Estate.
• Of traditional construction with brick elevations under a pan-tiled roof • Entrance Hall • Kitchen opening to • Dining Room with French window to the garden • Sitting Room with open fireplace • Downstairs WC • Three Bedrooms • Bathroom • Enclosed west-facing Garden • Designated Parking for two cars • In need of refurbishment BURNHAM MARKET is one of Norfolk’s most sought-after addresses; a large, thriving village with handsome, principally Georgian, properties set around a grassy Market Place also known as the Green.
The village offers a varied selection of traditional shops and hostelries with barely a high street chain in sight.
There are award-winning restaurants, cafes and a deli, a fishmongers, butchers, a sweet shop and an excellent wine merchant.
The village lies about a mile inland from the North Norfolk coast, an Area of Outstanding Natural Beauty, famed for mile upon mile of sandy beaches and never-ending skies.
The nearby villages of Burnham Overy Staithe and Brancaster Staithe offer natural harbours and amenities for sailors which, along with links golf courses at Brancaster (The Royal West Norfolk) and Old Hunstanton, as well as jump racing at Fakenham, are some of the leisure pursuits in the region.
There is a mainline railway connection to London King’s Cross in 97 minutes from King’s Lynn (21 miles).
SERVICES: Mains electricity, water and drainage HEATING: Oil-fired central heating COUNCIL TAX BAND: E BROADBAND: Ofcom indicate that Superfast broadband is available.
MOBILE COVERAGE: Ofcom indicate that EE, O2, Three and Vodafone all provide good coverage outdoors.
AGENTS’ NOTES: The property is subject to Restrictive Covenants, one of which requires it not to be used other than for “the purposes of a private residence in the occupation of one family only.” This means the property should not be used as a furnished holiday let.
Another stipulates that no caravans or boats may be parked at the property.
ANTI-MONEY LAUNDERING (AML) AND ID CHECKS - In order to comply with current legislation, should you make an acceptable offer and before solicitors are instructed we must complete a number of checks for which you will be charged £30 per person (a company, trust, or similar entity will be charged a fee of £75).
FIXTURES AND FITTINGS: Unless specifically mentioned in these particulars, all fixtures and fittings are expressly excluded from the sale of the freehold interest.
Some items such as carpets, curtains, light fittings, etc., may be available by separate negotiation if required.
IMPORTANT NOTICE: These particulars have been prepared in all good faith to give a fair overall view of the property. Measurements and distance are given as a guide only.
We have endeavoured to ensure the information given is accurate but we would urge you to contact the office before travelling any great distance to ensure that your impression of the property is as we intended.
None of the services, appliances or equipment have been tested and purchasers should satisfy themselves on such matters prior to purchase. VIEWING: Early inspection is recommended through the Agents.
For an appointment please telephone BEDFORDS, The Bower House, Market Place, Burnham Market, King’s Lynn, PE31 8HF. Tel: . All our properties can be found on the internet at
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
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