3-bedroom semi-detached house · NR27 0PR
Listing removedListed 413 days
Opportunity summary
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About
A lovely Victorian property set in the heart of the village of Overstrand, with just a few steps from the beautiful beach and village centre, where you can find a village shop, restaurant, cafe and pubs.
The property is well presented and offers open plan lounge/diner with wood burner, kitchen opening to dining room, two bathrooms and three double bedrooms.
A lovely enclosed garden and off road parking with garage. The property is currently run as a successful, established holiday let, which can be discussed with the current vendors.
Hallway - Stairs to first floor with understairs storage cupboard, doors to kitchen and lounge, ceiling light, door to large storage cupboard. Laminate wood flooring.
Lounge/Diner - Sash style window to the front, large bay window, radiator, carpet, two ceiling lights, TV point, feature brick fireplace with wood mantle over and inset wood burner on tiled hearth.
Kitchen - UPVC sash style double glazed window to the rear, range of cream base and wall units with solid wood worktop over, inset single bowl stainless steel sink unit.
Inset four ring gas hob with extractor hood above and built in electric oven below. Built in dishwasher and washing machine.
Opening to: Dining Room - UPVC double glazed French doors with two windows to the side, radiator, tiled flooring, velux roof light, ceiling light.
Door to: Cloakroom - Low level WC, vanity wash hand basin with storage cupboard beneath, tiled flooring, ceiling light.
First Floor - Landing - Doors to all rooms, stairs to second floor, carpet, radiator, ceiling light.
Bedroom One - A beautiful light room with UPVC sash style window to front and large bay window with sash style openings, where you can sit and read and look at the sea view.
Two ceiling lights, radiator, carpet, door to: Ensuite Shower Room - Extensively tiled walls and flooring, wall mounted heated towel rail, pedestal wash basin, low level WC, separate shower cubicle with glazed shower screen door.
Bedroom Two - UPVC double glazed sash style window to side. Carpet, radiator, ceiling light, door to storage cupboard. Family Bathroom - UPVC double glazed sash style window to the rear.
Panelled bath, separate shower cubicle with electric shower over. Pedestal wash basin and low level WC. Wall mounted heated towel rail and extensively tiled walls and flooring. Ceiling light.
Second Floor Landing - Carpet, restricted head height, two velux roof light windows.
Door to Bedroom Three - Two UPVC double glazed sash windows to the side, two velux roof lights, carpet, doors to under eaves storage cupboards, inset LED spot lights. Radiator.
Outside - The property is approached by a small gate into the front garden which is enclosed by a low level wall and mature shrubs, wooden access gate opening into the rear garden.
A beautiful garden ideal for relaxing and entertaining. Enclosed by hedging, door to detached garage and parking in front on driveway. Agents Note - This is a Freehold property.
This is rated for council tax for small business rates as it is currently run as a successful holiday letting business.
There is an option to pass over the holiday letting onward business which can be negotiated at point of sale. All mains services are connected with gas, water, electricity and mains drainage.
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
Agent & docs
FAQ
About Thurst Road, Overstrand
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