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Augusta Street, Sheringham

East of England

£299,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
868 sqft

Description

Situated in the appealing West End of Sheringham, this cottage presents a noteworthy renovation or investment opportunity. With two bedrooms and two reception areas, the property offers a solid foundation for those looking to personalize their living space or create a holiday retreat. The untouched character of this home allows for significant potential, inviting buyers to reimagine its layout and design according to contemporary tastes. The entrance hall leads into a bright sitting room featuring an original sash bay window, creating an airy atmosphere. A classic inset open fire adds historical charm, while the adjoining dining room houses another feature fireplace with an elegant wooden surround—ideal points for restoration. The kitchen, although in need of modernization, provides essential utility with base and drawer units and a side window that brings in natural light. A door conveniently connects it to the rear garden, which offers ample outdoor space for further enhancement. The ground floor also includes a shower room that could be upgraded to meet current standards. The first floor comprises two well-proportioned bedrooms, both benefiting from natural light through original sash windows. Bedroom one boasts a glazed door opening onto a small balcony, presenting an opportunity for relaxation outdoors during warmer months. A cloakroom on this level provides practical amenities that can be updated as desired. Outside, the cottage garden is fully enclosed by traditional brick and flint walls with mature hedging offering privacy. This garden space is ripe for transformation into an inviting outdoor area for entertaining or gardening enthusiasts. Located just a five-minute walk from the town center and local beaches, the property’s prime location enhances its investment appeal. With main electricity, water, and drainage already connected, this freehold property stands as a versatile canvas ready for revitalization and personalization in a sought-after coastal community.

Investment Analysis

(NR26 area)

Above Market Value

This property is priced +2.0% above area average per sq ft

+2.0%
This Property
£344/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£322,436
10% above area average per sq ft
Potential ROI
-4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR26)

Area prices are falling by +5.2% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on NR26 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

Augusta Street, Sheringham
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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
£1,095
Based on a loan of £224,250 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