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Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 1
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 2
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 3
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 4
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 5
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 6
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 7
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 8
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 9
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 10
Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential. - Image 11

Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential.

East of England

£400,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1012 sqft

Description

This end-terraced character cottage exudes a unique charm, nestled in a tranquil countryside environment. With its three bedrooms and two reception areas, the property features traditional elements such as exposed beams and fireplaces, giving it a warm and inviting atmosphere. While the home provides comfortable living space, there is considerable potential for modernization, allowing new owners to tailor it to their own tastes. A distinguishing aspect of this property is the adjoining land, which spans nearly half an acre (subject to planning measures). This expansive outdoor area includes gardens, outbuildings, and a double garage, creating ample opportunities for enhancement. Buyers may explore the possibility of developing additional structures on this land, pending necessary consents. Such prospects make this property particularly appealing to investors or those seeking a homestead with growth potential. Located in Wickmere, a quaint village in North Norfolk characterized by its picturesque countryside and agricultural surroundings, this location offers both serenity and community spirit. Its proximity to notable landmarks like St Andrew's Church contributes to its historic charm. Additionally, nearby towns such as Aylsham and Holt provide essential amenities including independent shops, schools, supermarkets, and healthcare services. The North Norfolk coastline is just a short drive away for those who appreciate natural beauty—featuring stunning beaches and nature reserves ideal for walking enthusiasts. Furthermore, Norwich is within commuting distance; its vibrant cultural scene along with extensive shopping options enhances the appeal of living in Wickmere. The combination of idyllic village life with convenient access to both rural landscapes and urban amenities positions this property as an enticing opportunity for buyers looking to invest or reside in this sought-after region.

Investment Analysis

(NR11 area)

Above Market Value

This property is priced +23.8% above area average per sq ft

+23.8%
This Property
£395/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£355,500
10% above area average per sq ft
Potential ROI
-19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -4.8%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on NR11 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

Three Bedroom Cottage in Wickmere with Adjoining 0.485 acre Plot Offering Fantastic Development Potential.
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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
£1,465
Based on a loan of £300,000 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