2-bedroom property · NR29 3QN
Sold STCListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aldreds are pleased to offer this semi detached holiday chalet which would benefit from some further cosmetic refurbishment.
The chalet is on a popular coastal village site with nearby amenities and located a short walk to the beach. The accommodation comprises of a living room, kitchenette, two bedrooms and bathroom.
The chalet benefits from a small patio terrace, communal gardens and double glazed windows. An early viewing is recommended.
Living Room - 3.59 x 3.49 (11'9" x 11'5") - Part double glazed pvc entrance door, double glazed window to front aspect, fitted carpet, fuse board and meter, tv point, open access to: Kitchenette - 2.49 x 1.63 (8'2" x 5'4") - Fitted with wall and base units with work surface over, electric cooker, single drainer stainless steel sink, part tiled walls, double glazed window to rear aspect, built in airing cupboard housing the copper hot water cylinder.
Bedroom 1 - 2.47 x 2.46 (8'1" x 8'0") - Plus double wardrobe cupboard, double glazed window to front aspect.
Inner Lobby - Doors leading off to: Bedroom 2 - 2.42 x 2.25 (7'11" x 7'4") - Plus double wardrobe cupboard, double glazed window to rear aspect.
Bathroom - White suite comprising panel bath with tiled surround, pedestal wash basin, low level wc, frosted double glazed window to rear aspect.
Outside - To the front of the chalet is a small covered south/easterly facing terrace and beyond communal lawned grounds with nearby car parking.
Agents Note - Photos were taken before the property was cleared and are for indicative purposes only Tenure - Leasehold.
60 years from 01.11.1996 Site fees for 2023 = £1820 Plus VAT Site open March to October Dogs allowed if kept on a lead. Services - Mains water, electric and drainage.
Council Tax - Great Yarmouth Borough Council - Band 'A' Location - California and Scratby are coastal villages approximately 5 miles north of Great Yarmouth.
With sandy beaches backed by cliffs * Garden centre with general provisions store * First, Middle and High Schools are available in neighbouring village of Caister on Sea.
Local bus services operate between the coastal villages and Great Yarmouth.
California owes its name to the discovery of 16th century gold coins on the beach in 1848 at the same time as the Californian ‘gold rush' was taking place in America.
These lovely, quieter villages are great holiday spots bordering the sea, and ideal touring bases for Great Yarmouth, the Norfolk Broads and surrounding countryside.
Directions - Leave Yarmouth heading north along the A149 Caister Road, continue past the Yarmouth Stadium at the roundabout turn left onto the Caister Bypass at the next roundabout continue over into Jack Chase Way, at the Grange Hotel roundabout, take the second exit into Scratby Road, turn right just past the East Coast Family Restaurant into California Road, turn left into the Sunbeach Holiday Village and after a short distance turn left by the reception building and follow the road around to the right where the chalet can be found on the right hand side.
Ref: Y11885/10/23/Cf -
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.
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About Sunbeach Holiday Park, California
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