2-bedroom detached house · NR26 8TS
Listing removedListed 177 days
Opportunity summary
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About
A wonderful opportunity to acquire a detached bungalow standing in grounds of just in excess of an acre (STMS).
The property is located in Sheringwood, Beeston Regis and is just over a mile from Sheringham itself.
This delightful property is of timber framed construction and has the benefit of an electric central heating system.
The property enjoys a tucked away setting, surrounded by formal gardens with a few outbuildings within the grounds which then extend to a former paddock with its own vehicular entrance.
The bungalow would benefit from some updating but offers potential to create a lovely home in extensive grounds.
Entrance Porch - With glass panelled composite entrance door, window to side aspect, pine panelled walls.
The room opens into: Inner Hallway - Radiator, glass panelled door opening to: Dining Area - Radiator, window to front aspect.
This area then leads to: Sitting Room - Feature timber and marble effect fire surround currently housing a solid fuel stove (not operational).
Alcove storage cupboards, provision for TV, French doors to rear garden, glass panelled door to: Kitchen - A range of base and wall storage cupboards with laminated work surfaces and tiled splashbacks.
Inset sink unit, provision for dishwasher and space for under counter fridge. Point for electric cooker with filter hood above, window to side aspect.
Full length glass door to: Conservatory - With windows and door opening to side aspect.
Shower Room - Corner shower enclosure with independent electric shower, close coupled w.c., pedestal wash basin, radiator, window to side aspect. Part tiled walls, provision for washing machine.
Bedroom One - Enjoying a double aspect with window to front and side, radiator, range of fitted bedroom furniture to include wardrobes and overhead storage cupboards.
Bedroom Two - Radiator, window to front aspect, built in wardrobe cupboard, further built in airing cupboard with lagged cylinder and electric boiler which provides the domestic hot water and heating.
Outside - To the front of the property is a detached GARAGE with an off-road parking space, however there is another vehicular access to the grounds at the rear of the bungalow.
Small range of OUTBUILDINGS. Gardens - The property stands in a large plot including a paddock with a separate gated access.
There are formal gardens immediately surrounding the bungalow and these lead down to a natural, partly wooded garden area which in turn leads to the paddock.
At the far rear of the plot is a timber SUMMER HOUSE. Agents Note - The property is freehold and has mains electricity and water connected. Drainage is to a septic tank.
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
Agent & docs
FAQ
About Sheringwood, Beeston Regis, Sheringham
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