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See how verdicts work2-bedroom house · PE36 6LZ
Listing removedReduced £50k (−20%) on 23 JunListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Cottage Requiring Modernisation The Norfolk Agents are pleased to offer this partially converted 2-bedroom brick and flint faced character cottage, situated in the ever-popular coastal village of Thornham; just a short drive from a range of village amenities and with easy access onto miles of footpaths and walks through the beautiful surrounding area.
The ground floor of the cottage was modernised in 2021; however, it should be noted that the upstairs requires full refurbishment.
Visitors are welcomed at the front of the cottage into an entrance hall, with stairs rising to the first floor and a door into an open-plan living space, which includes a modern kitchenette with a 2-ring ceramic hob and space for appliances.
To the side of the kitchen is a ground floor shower room, comprising a shower, hand basin and WC, as well as a useful understairs storage cupboard.
Upstairs there are currently two rooms arranged around the landing.
The rear of the cottage is approached over a passageway, which is shared with the neighbouring properties, where there is a rear access door.
Across the passage there is a 90ft rear garden, which is currently overgrown, but could be adapted into a delightful south-facing outside space.
We would like to make interested parties aware that the property is available with no onward chain.
Location Thornham is a highly sought-after and picturesque village on the North Norfolk coast, located just a short drive from Brancaster Staithe and approximately six miles from the popular village of Burnham Market.
Set within an Area of Outstanding Natural Beauty, Thornham is surrounded by unspoilt countryside and offers exceptional access to the coast, with expansive salt marshes, open skies and a beautiful sandy beach stretching towards Holme-next-the-Sea.
The village has a rich maritime heritage and retains a strong sense of character, with a charming mix of traditional fishermen’s cottages, period houses and a selection of larger, more contemporary homes.
Local amenities are excellent for a village of its size and include three well-regarded public houses, a popular delicatessen and café, and a range of independent shops and businesses at Drove Orchards on the western edge of the village.
A small harbour sits close to the beach, providing a focal point for sailing and wildlife spotting, while a raised boardwalk leads across the marshes towards the renowned rspb bird reserve at Holme-next-the-Sea.
With its coastal setting, thriving community and easy access to neighbouring villages and countryside, Thornham is widely regarded as one of North Norfolk’s most desirable places to live and visit.
Services The property is connected to mains drainage, electricity and water.
Agents notes Like many cottages of this type, there is a pedestrian right of way across a neighbouring property to access the rear garden.
Tenure: Freehold council tax band: A EPC rating: Tbc - The full certificate can be downloaded or provided by The Norfolk Agents. 1.
To comply with the Money Laundering Regulations, we must verify your identification documents and source of funds. These checks are carried out by Coadjute, a regulated third-party provider.
A £45 fee (+ VAT) per client applies to cover administration and verification, payable at the outset. 2.
While we endeavour to make our sales details fair, accurate and reliable, they are only a general guide to the property.
If there is any point which is of particular importance to you, please contact the office and we will be pleased to make further investigations. 3.
The measurements indicated are supplied for guidance only. 4. Please note we have not tested the services or any of the equipment or appliances in this property.
We strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5.
These particulars are issued in good faith but do not form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
The Norfolk Agents limited nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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