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See how verdicts work2-bedroom property · NR31 9EY
Listing removedListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freehold Scandinavian style wooden lodge, close the Norfolk broads with accommodation over two floors . Featuring a living room on the upper floor with amazing views.
The main bedroom on the first floor features an ensuite bathroom , and the ground floor bedroom has use of a family bathroom.
A utility room provides space for washer / dryer and storage for household utilities.
Triple glazed throughout, 365 day use , underfloor heating throughout controlled by remote thermostats (turn heating on and off from another country!).
Two terraces - one upstairs off the living room and one downstairs featuring a 5 person hot tub . Sun patio off the terrace surrounded by mature hedging.
Totally upgraded / refurbished over last 3 years - new tiled flooring throughout ground floor, new kitchen (including dishwasher, sink, hob and water softener), new boiler and new heating controls, professionally repainted exterior, upper deck balustrade replaced.
Porch added to the front together with new decking. Externally there are two dedicated parking spaces for exclusive use of the property with EV charging.
The property sits on the Caldecott Hall development now managed by Tingdene. Annual maintenance charges are £2010.78 and there is no ground rent because it is a Freehold property.
It is a 50m walk to the indoor swimming pool , 75m to the fabulous Barn One restaurant , and on the edge of the Caldecott Hall Golf Course . Also on site is the Redwings horse sanctuary and cafe .
Lots of lovely walks from the site into large forests on well marked pathways. Mains electricity, water and LPG gas (mains supplied) are all connected. The property is not subject to second home tax.
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 15 Fairway Lakes, East of England, Fairway Lakes Village, Fritton, England, NR31 9EY, United Kingdom
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