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Council Houses, Mill Road

East of England

£230,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home is situated just a short walk from the picturesque Quay, presenting a unique opportunity for renovation and investment. With no onward chain, this property invites potential buyers to envision its transformation into a personalized space that reflects their style. The layout of the house is functional, featuring a comfortable sitting room at the front that flows into a generous kitchen/diner at the rear—ideal for modern living and entertaining. On the ground floor, there is also a shower room for convenience. The upper level boasts three double bedrooms, offering ample space for family members or guests, as well as flexibility for those considering a home office setup. The enclosed garden provides an outdoor sanctuary, while off-road parking adds further value in this desirable location. Although the property requires some modernization, it holds significant potential for improvement and customization. Its proximity to local shops, cafes, and attractions makes it particularly appealing for those looking to invest in a vibrant community. Just moments away from the scenic North Norfolk coast, the home benefits from easy access to both tranquil beach life and active town amenities. Wells-next-the-Sea is celebrated as one of North Norfolk's most charming coastal towns. Once a flourishing commercial port, it has evolved into an attractive seaside destination renowned for its natural beauty and rich history. The surrounding landscape features stunning beaches framed by pine forests, lively harbors filled with crabbing activities, and inviting public spaces like 'The Buttlands,' where local pubs create a friendly atmosphere. Residents can enjoy various amenities including schools, healthcare services, grocery stores, restaurants, and an array of boutique shops and art galleries. Cultural offerings abound at the Maltings venue for art exhibitions and performances, while community events throughout the year enhance the vibrant social calendar of this lovely town. This property not only represents an exciting project but also serves as an ideal base to explore Wells-next-the-Sea's splendid surroundings and become part of one of Norfolk's most sought-after communities.

Investment Analysis

(NR23 area)
Area Average
£442/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR23)

Area prices are falling by +5.2% over the last 12 months
3 year growth: -7.8%
5 year growth: 0.7%
Investment Disclaimer: Analysis based on NR23 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

Council Houses, Mill Road
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 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