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Weybourne

East of England

£325,000
Listed on 20/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1291 sqft

Description

Located in the charming village of Weybourne, 3 Jericho Cottages presents a unique opportunity for those seeking a property with substantial renovation and investment potential. This historic three-bedroom cottage has been lovingly maintained as a holiday retreat for nearly three decades, offering an inviting atmosphere that combines character with the promise of modernization. The versatile three-story layout includes three well-proportioned bedrooms and a bathroom on the upper levels, making it suitable for families or guests. The ground floor features a spacious sitting room, a functional kitchen, and a dedicated dining area, each brimming with original elements that provide a strong foundation for future enhancements. While certain areas may benefit from updating, the inherent charm of the cottage offers an excellent starting point for creating a modern coastal home tailored to personal tastes. Outside, the property is equipped with convenient off-road parking and a single garage that holds significant potential for conversion or extension. With existing plumbing already in place, transforming this space into additional living areas or even an en-suite bedroom could greatly increase the property's value (subject to necessary consents). The rear garden has been well-maintained and offers ample space for outdoor activities, providing an ideal setting for family gatherings or personal relaxation. The location of Weybourne adds further appeal to this investment opportunity. Situated just three miles west of Sheringham, this picturesque coastal village is steeped in history and provides easy access to scenic routes and local attractions. The nearby Poppy Line steam railway enhances the area's charm and offers delightful views of landmarks such as Weybourne Windmill—rich in local lore about smugglers and wartime history. In addition to its natural beauty, Weybourne boasts various amenities including traditional pubs like The Ship Inn—where locals enjoy fresh seafood caught nearby—and proximity to stunning coastal paths leading toward Cley and Salthouse Marshes. Surrounded by fields and woodland within an Area of Outstanding Natural Beauty, this neighborhood offers both tranquility and community spirit. Overall, 3 Jericho Cottages not only represents a piece of Weybourne's history but also stands as a canvas ripe for transformation into a dream home or investment property in one of Norfolk’s most cherished coastal enclaves.

Investment Analysis

(NR25 area)

Below Market Value

This property is priced -35.9% below area average per sq ft

-35.9%
Potential saving
This Property
£252/sq ft
Area Average
£393/sq ft

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£557,389
10% above area average per sq ft
Potential ROI
+37.2%
After renovation
Monthly Sales
7
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR25)

Area prices are falling by +12.9% over the last 12 months
3 year growth: -10.1%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on NR25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Weybourne
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