2-bedroom flat · NR23 1EU
Sold STCListed 53 days
Opportunity summary
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About
Located in one of Wells-next-the-Sea’s most sought-after settings, Flat Four, Mounteagle offers a beautifully choreographed blend of period charm, contemporary style, and coastal elegance - all set against the tranquil backdrop of The Buttlands, the town’s historic oak-lined green.
Approached via an elegant and welcoming entrance hall, with its handsome tessellated floor and sweeping oak staircase, this exquisite first-floor apartment immediately sets the tone for refined coastal living.
To the front, a spacious open-plan kitchen, dining, and living area enjoys a superb west-facing bay window that perfectly frames the leafy views across The Buttlands.
Bathed in natural light throughout the day, this is a wonderfully sociable space, equally suited to relaxed family living or entertaining friends after a day at the beach.
From the living room, a door leads out onto a large south-facing roof terrace, open to the west and walled for complete privacy.
Here, you can soak up the sunshine with morning coffee or unwind with an evening gin and tonic as the sun sets over the rooftops of this charming coastal town.
To the rear are two generous double bedrooms, including a principal suite with its own en-suite bathroom, and a second bedroom served by a stylish shower room.
Throughout, the apartment beautifully balances original period features - such as fireplaces, exposed floorboards, and classic panelled doors - with sleek modern finishes.
The result is a home that feels both timeless and contemporary.
Perfect as a permanent residence, weekend retreat, or lock-up-and-leave coastal escape, Flat Four is just a short stroll from Wells’ array of independent shops, cafés, and renowned pubs and restaurants, as well as its iconic beach and colourful beach huts.
A property of charm, light, and lifestyle, Flat Four, Mounteagle captures the very essence of Wells-next the-Sea living.
Wells-next-the-sea Wonderful Wells-next-the-Sea beckons with its sandy beach and charming candy-striped huts, drawing day trippers and holidaymakers.
However, it offers much more for those considering it as a permanent residence.
Explore the surrounding waterways aboard Coastal Exploration Company’s wooden sailing boats or try stand-up paddle-boarding with Barefoot sup for an active adventure.
Behind the bustling harbour, seek out sought-after fishermen’s cottages or apartments with sea views in converted buildings.
Further afield, discover spacious grand houses and new-build developments ideal for families and downsizers. The town boasts a lively community with schools, a gp surgery, and a library.
Delve into culture at Wells Maltings, a heritage centre with a theatre, cinema, gallery, and café-bar. Browse local galleries like The Staithe Gallery, Gallery Plus, and Quay Art for unique artwork.
Explore Nomad and the Bowerbird for homewares, Christopher William Country for country clothing, and Ele and Me for eco-friendly children’s items.
For culinary delights, visit Arthur Howell’s traditional butcher or The Real Ale Shop at Branthill Farm.
Dine at The Globe Inn or Crown Hotel for meals overlooking the green, or indulge at Michelin-starred Morston Hall.
For a simpler pleasure, enjoy fish and chips from French’s on the harbour wall as the sun sets over the water. Imagine yourself here – could Wells-next-the-Sea be your dream coastal home?
Services connected Mains water, electricity and drainage. Gas fired central heating. Council tax Band B.
Energy efficiency rating An Energy Performance Certificate is not required for this property due to it being Grade II listed. Tenure Leasehold with a Share of Freehold.
The lease has 105 years remaining. Each of the six leaseholders in the building own an equal share of the freehold and are responsible for the maintenance of the building. Ground Rent: £50 per annum.
Service Charge: £1,440 per annum.
Location What3words: ///joints.atom.duties website tags sea-breeze Parking - On Street Disclaimer These particulars are provided as a guide only and do not form part of any offer or contract.
Sowerbys and its representatives have no authority to make or give representations or warranties.
All descriptions, measurements, photographs and plans are for guidance only and should not be relied upon as statements of fact.
Buyers should satisfy themselves as to the accuracy of the information through inspection or professional advice.
Services, appliances and equipment have not been tested and no warranty can be given as to their condition.
Planning permissions, building regulations and other consents should be verified by the buyer’s legal adviser.
In accordance with Anti-Money Laundering regulations, proceeding buyers must complete a digital id check through our compliance partner. A charge of £48 including VAT per sale or purchase applies.
Leasehold buyers should confirm ground rent, service charges and lease details with their legal adviser.
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.
Area
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FAQ
About Flat 4, Monteagle The Buttlands, Wells-Next-The-Sea
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