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Sheringham

East of England

£240,000
Listed on 30/07/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

Nestled within the charming coastal town of Sheringham, this semi-detached Victorian brick and flint house presents a unique opportunity for those looking to undertake a renovation project. The property spans three floors and features four bedrooms, making it ideal for families or investors seeking to create a customized living space in a desirable location. The layout includes an inviting entrance hall with original tiled flooring, leading into a spacious sitting room and a separate dining room, both of which maintain classic character elements such as exposed wooden floors and sash windows. The kitchen provides practical access to the rear garden, which wraps around three sides of the property, allowing for potential outdoor enhancements while ensuring privacy with its boundary against Tesco’s warehouse. On the first floor, you will find three bedrooms along with a bathroom and separate WC. The second floor hosts an additional bedroom that benefits from dormer windows offering glimpses of the surrounding area, including views toward Beeston Hill and the sea. While the interior requires updating and modernizing, it holds significant potential to enhance its charm while incorporating contemporary comforts. Located in Sheringham — recognized for its vibrant community and array of amenities — this property is ideally situated near beautiful coastal walks and woodland areas. The town's bustling center offers various shops, cafes, and essential services like health care facilities and leisure options including an 18-hole golf course. Additionally, excellent transport links provide easy access to Norwich and nearby attractions. This property is particularly suited for builders or developers who envision transforming it into a stylish family home or holiday rental. With Sheringham being a sought-after destination for both residents and visitors alike, investing in this renovation project could yield substantial rewards in terms of value appreciation and rental potential. Given its current condition, prospective buyers will need to consider cash purchase options as traditional mortgage routes may not be available. If you have the foresight to reimagine this characterful home in your own design aesthetic, this could be an exciting venture worth pursuing.

Investment Analysis

(NR26 area)
Area Average
£338/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Sheringham
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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
£879
Based on a loan of £180,000 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