1-bedroom flat · IP20 9EW
Listing removedListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Waveney Place is an attractive McCarthy & Stone Retirement Living development set in a peaceful position on Mendham Lane, just a short stroll from the heart of Harleston in the beautiful Waveney Valley on the Norfolk–Suffolk border.
The development offers a stylish mix of one and two-bedroom apartments, cottages and bungalows, all thoughtfully designed for easy, independent living for those aged 55 and over.
Each home is finished to a high specification with contemporary fitted kitchens, bright living spaces and modern bathrooms, plus subtle ergonomic touches such as easy-turn taps to make day-to-day life simpler.
Residents enjoy a warm, sociable community with access to a stylish shared lounge with Wi-Fi, landscaped gardens, a guest suite for visitors, and the reassurance of a friendly on-site House Manager and a round-the-clock emergency call system.
Harleston itself is a charming, well-connected town with a vibrant community spirit, independent cafes and traditional pubs, more than 147 listed buildings, and plenty of opportunities for walking, fishing and golf in stunning countryside surroundings.
With flexible purchase, rental and Shared Ownership options available, prices start from £229,995 to buy, £1,875 pcm to rent, or £150,000 for a 75% Shared Ownership share.
Well-behaved pets are welcome, and a range of moving incentives - including Part Exchange and a free downsizing consultation - can help make your move stress-free.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 876555, Waveney Place, Mendham Lane, Norfolk
Explore nearby