We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PE31 8UR
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mid-terraced cottage-style house c. 1987 in a development for the over-50s a short walk from the picturesque village Green. • A mid-terraced cottage-style house c.
1987 in a development for the over-50s • Entrance Porch • Hall • Downstairs WC • Double aspect Reception room • Kitchen • Two Bedrooms, one with a walk-in closet • Bathroom • Enclosed gardens front and rear • Garage • Communal Gardens AGENTS’ NOTES: 1.
A restriction stipulates that the house must be occupied by those over the age of 50. 2. The property cannot be used as a short-term holiday let. 3.
A Management Company, constituting the 12 owners of Polstede Place, make a Service Charge of approx. £180 pcm which covers the Buildings Insurance and maintenance of the communal areas.
HEATING: Electric underfloor heating and storage radiators. COUNCIL TAX: Band C. SERVICES: Mains electricity, water and drainage.
BROADBAND: Ofcom state that Ultrafast broadband is available to the property.
MOBILE COVERAGE: Ofcom state that EE, O2 and Vodafone are all likely to provide good coverage outdoors, variable coverage indoors whilst Three provide good coverage outdoors.
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). The property lies within a designated Conservation Area.
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 Burnham Market, Norfolk
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