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See how verdicts work1-bedroom flat · NR26 8LL
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a highly favoured residential location, just a short walk from the Town centre and Promenade, is this beautifully presented first floor apartment.
The property forms part of a three-storey premises converted many years ago to form three self-contained units.
The accommodation is light and airy and generously proportioned with the benefit of gas fired central heating throughout.
There is off-road parking at the rear of the premises although there are no parking restrictions in South Street itself.
This is a super little property equally suitable as a holiday home or first purchase.
Although offering just one bedroom, this apartment is very generous in terms of room sizes, making in an ideal pied-a-terre or first purchase for those seeking a low-maintenance home by the seaside.
Communal Entrance - With secure entry, stairs to first floor. Private Entrance Hall - Radiator.
Lounge - A beautifully light room with window to rear aspect, timber fire surround, provision for wall mounted TV, fitted store cupboards to alcoves either side, radiator.
Kitchen/Dining Room - Generously proportioned with base and wall cupboards fitted to the kitchen area, laminated work surfaces and matching upstands, inset stainless steel sink unit, inset electric hob with built-in oven beneath and filter hood above, fitted breakfast bar, two radiators, provision for washing machine, cupboard housing gas fired boiler providing central heating and domestic hot water, window to rear aspect.
Bedroom - Another generous room with window to front aspect, radiator, fitted store cupboard, timber fire surround with provision for wall mounted TV above.
Door to: Bathroom - Panelled bath with mixer tap and shower attachment, rail and curtain.
Vanity wash basin with cupboards beneath, concealed cistern w.c., radiator, part tiled walls, window front aspect.
Outside - This property does not have the benefit of a garden but there is a communal off-road parking area approached via the rear service road.
Agents Note - The property is held on the balance of a 125 years lease from 2015. Current Service Charge approximately £70 pcm as advised by the sellers.
All mains services are connected and the property has a Council Tax Rating of band A.
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.
Area
Agent & docs

FAQ
About South Street, Sheringham
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