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See how verdicts work2-bedroom house · NR11 8AT
Sold STCListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A brick built holiday chalet set on a popular site in the village of Mundesley. The chalet offers open plan sitting/dining room opening to fitted kitchen with breakfast bar.
Two double bedrooms and bathroom. The chalet does need updating. A lovely holiday park which is a short stroll to the village centre, beach and golf course.
There are many independent shops, cafes and restaurants and has one of the finest sandy beaches along the North Norfolk coast.
Openplan Living And Kitchen - Half glazed wooden door opening into the kitchen and living/dining room .
Kitchen - Large wooden window to the front, stainless steel sink unit with cupboard beneath, provision for washing machine, cooker and fridge.
Large storage cupboard and breakfast bar with storage units beneath.
Vinyl flooring, ceiling light, opens to Lounge/Diner - Large wooden window to the front, carpet, TV point, ceiling light, electric fire and space for dining table and chairs.
Full glazed door to: Inner Hallway - Doors to all bedrooms and bathroom, carpet, and ceiling light. Bedroom One - High level wooden window to the rear.
Carpet, ceiling light, sliding doors to shelved storage cupboard and lagged hot water cylinder. Bathroom - High level window to the rear.
Three quarter panel bath with shower over, wash basin and low level WC. Vinyl flooring, ceiling light, wall mounted heated towel rail.
Bedroom Two - High level wooden window to the rear, carpet, ceiling light, sliding doors to built in wardrobe.
Outside - To the front of the chalet is a large veranda, ideal for relaxing and overlooking grassed communal areas. There is an allocated car parking space for each chalet.
Agents Note - This is leasehold chalet with 39 years remaining. The lease can be extended. All mains services are connected gas, electricity, mains water and drainage. The council tax band is Band A.
Ground rent £384.18 PA. Building insurance £290.33 PA Occupancy 1st-March - 31st October and 15th December - 15th January
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 Links Road, Mundesley,
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