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Churchill Crescent, Sheringham

East of England

£425,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1686 sqft

Description

This spacious detached chalet bungalow presents a unique opportunity for renovation and investment in a well-established area on the western outskirts of town, conveniently situated near the local high school. The property sits on a generous plot, making it particularly appealing for those with an interest in gardening or landscape transformation. While the interior would benefit from some updates, this provides an excellent canvas for enhancing the living space to meet modern standards. The home includes gas-fired central heating, and most windows are already upgraded to UPVC double glazing, ensuring energy efficiency and low maintenance. Additionally, off-road parking is available along with an attached double garage, which could serve multiple purposes beyond vehicle storage. Upon entering, you are greeted by an entrance porch leading into a substantial entrance hall with stair access to the first floor. The lounge/dining room features ample natural light from windows both front and rear, creating a welcoming atmosphere. A garden room is located adjacent to this space, providing direct access to the outside. The kitchen is fitted with basic cabinetry and appliances but lends itself well to reconfiguration or modernization according to personal taste. A separate bathroom includes essential amenities such as a corner shower enclosure alongside a panelled bath. The second floor accommodates three bedrooms, each benefiting from built-in wardrobe storage and eaves access for additional space. An additional separate W.C. also occupies this level for convenience. Outside, the property showcases well-maintained gardens that offer privacy and tranquility. The front yard features established shrubbery and flower beds complemented by a resin-bound driveway leading to the garage. The expansive rear garden is well-enclosed and primarily laid to lawn with various flowering shrubs - a perfect setting for outdoor activities or further landscaping projects. This property not only offers immediate comfort but also significant potential for value enhancement through thoughtful renovations and personal touches, making it a promising opportunity for investors or homeowners looking to create their ideal living space. It is freehold and connected to all mains services while currently holding a Council Tax Band D rating. Please note that the title is not yet registered.

Investment Analysis

(NR26 area)

Below Market Value

This property is priced -23.0% below area average per sq ft

-23.0%
Potential saving
This Property
£252/sq ft
Area Average
£327/sq ft

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£607,289
10% above area average per sq ft
Potential ROI
+14.3%
After renovation
Monthly Sales
9
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NR26)

Area prices are falling by +4.8% over the last 12 months
3 year growth: -2.2%
5 year growth: 12.7%
Investment Disclaimer: Analysis based on NR26 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

Churchill Crescent, Sheringham
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