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Herrings Lane, Burnham Market, PE31 - Image 1
Herrings Lane, Burnham Market, PE31 - Image 2
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Herrings Lane, Burnham Market, PE31

East of England

£1,600,000
Listed on 13/04/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a compelling opportunity to create a significant Georgian-style country house in the desirable village of Burnham Market, situated just off Herrings Lane. This spacious plot, which encompasses approximately 1.6 acres (subject to measured survey), is currently home to a historic walled garden that adds character and charm to the site. With full planning consent already in place, you have the rare chance to construct a residence offering around 5,300 square feet of living space. The thoughtfully designed plans, created by acclaimed local architect Thomas Faire, draw inspiration from the nearby Burnham Westgate Hall and feature classic Georgian proportions combined with modern architectural elements. This includes a principal bedroom suite with an en suite bathroom and dressing room, four additional bedroom suites, three reception rooms, and a large kitchen/breakfast area. The strategic placement of the house within the plot maximizes natural light and provides delightful views over the proposed terrace and garden. The location itself is a notable asset; while it offers privacy and tranquility, it is just a short walk from Burnham Market's vibrant array of independent shops, restaurants, and essential services such as a butcher, fishmonger, delicatessen, and post office. The local community also features schools and recreational facilities like tennis courts. Burnham Market serves as an ideal base for exploring North Norfolk’s beautiful coastline. Nearby attractions include sandy beaches at Burnham Overy Staithe and Brancaster, as well as popular walking trails through Areas of Outstanding Natural Beauty. With desirable amenities close at hand and scenic landscapes surrounding the area, this property not only holds immediate appeal but also presents significant investment potential for future appreciation. For those considering further development or enhancements to the property once constructed, there are ample opportunities to personalize outdoor spaces or incorporate additional amenities that align with contemporary living standards while maintaining historical integrity. Access to major transport routes is straightforward: key destinations include Kings Lynn—offering direct train services to London—and other coastal villages renowned for their natural beauty and recreational offerings. Overall, this property stands out as an exceptional investment in one of North Norfolk's most cherished locations.

Investment Analysis

(PE31 area)
Area Average
£347/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by +6.2% over the last 12 months
3 year growth: -14.0%
5 year growth: 2.5%
Investment Disclaimer: Analysis based on PE31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Herrings Lane, Burnham Market, PE31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,861
Based on a loan of £1,200,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE