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See how verdicts work2-bedroom house · NR11 8AW
Listing removedListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire this Freehold chalet with full residential occupancy allowed.
Located in the lovely village of Mundesley, being just a stones throw from the beach, cliff top walks and village centre.
The chalet is offered with No Onward chain, modern kitchen and shower room, superb uninterrupted sea views and off road parking. One not to be missed.
Front Porch - UPVC double glazed door opening into the front porch with full glazed door into the open plan kitchen/lounge/diner.
Open Plan Kitchen/Diner/Lounge - Kitchen/Diner - UPVC double glazed window to the front, giving stunning sea views.
A modern kitchen with contrasting units, having grey base and drawer units with inset stainless steel one and half bowl sink with mixer tap, hot water cylinder in cupboard beneath.
Inset electric hob and extractor above, built in electric cooker. White wall cupboards with open shelving above and built in fridge/freezer.
There is a nice space for table and chairs, grey luxury vinyl tile throughout the whole of the property.
Lounge Area - Another large window with uninterrupted sea views, a super space to sit, read, relax and take in the views. Ceiling light, two electric heaters, doors to inner hallway and utility room.
Utility/Rear Porch - Brick base with UPVC double glazed windows to sides and rear and double glazed door to the side.
Large storage cupboard, power and ceiling light with space and plumbing for washing machine. Luxury vinyl tiled flooring.
Inner Hallway - Laminate wood flooring, doors to bathrooms and bedrooms, ceiling light.
Bedroom One - UPVC double glazed window to the rear, built in wardrobe, wall mounted electric heater, ceiling light, luxury vinyl tiled flooring.
Bedroom Two - UPVC double glazed window to the rear, another lovely bright room can be used as a twin or double, built in wardrobe, ceiling light, luxury vinyl tiled flooring.
Wall mounted electric heater. Shower Room - UPVC double glazed window to the rear, vinyl flooring.
Vanity wash hand basin with counter top storage and closed couple WC, walk in shower cubicle with sliding glazed doors and electric shower over. Wall mounted electric towel heater.
A beautiful modern shower room.
Outside - To the rear of the property there are two parking spaces, and to the front there is a large communal grass area, ideal for sitting and watching the views out to sea.
From the property it is just a stones throw onto the beach and short walk to village centre. Agents Note - This is a Freehold property and has 12month residential use.
There is mains water, sewage and electricity connected to the property. No onward chain. There is a ground rent charge £85 PA.
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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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 Paston Road, Mundesley, Norwich
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