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Joan Shorts Lane, Burnham Market, Norfolk, PE31 - Image 1
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Joan Shorts Lane, Burnham Market, Norfolk, PE31 - Image 3
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Joan Shorts Lane, Burnham Market, Norfolk, PE31 - Image 5
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Joan Shorts Lane, Burnham Market, Norfolk, PE31 - Image 7
Joan Shorts Lane, Burnham Market, Norfolk, PE31 - Image 8
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Joan Shorts Lane, Burnham Market, Norfolk, PE31 - Image 11

Joan Shorts Lane, Burnham Market, Norfolk, PE31

East of England

£695,000
Listed on 15/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
978 sqft

Description

This quaint 2-bedroom cottage, complemented by a separate one-bedroom annexe and a sizable garage/workshop, presents numerous opportunities for renovation and investment. Nestled in a tranquil lane at the periphery of Burnham Market, the property is conveniently located within walking distance to local amenities and the scenic North Norfolk Coast. The ground floor features an entrance hall/boot room leading into a kitchen/dining area equipped with functional wooden cabinets and an integrated electric oven. The inviting sitting room boasts natural light from French doors opening to a southwest-facing courtyard garden, complete with original beams and a cozy wood-burning stove. Upstairs, there are two double bedrooms along with a family bathroom that showcases classic wood paneling and essential fittings. The annexe offers additional accommodation potential, showcasing a vaulted sitting room with rustic charm from exposed brickwork, alongside a double bedroom and shower room. Meanwhile, the expansive garage/workshop doubles as a studio space, offering potential for creative conversion (subject to planning permission). The exterior features off-street parking for up to two vehicles and an enclosed courtyard garden ideal for outdoor enjoyment. Given its layout and location, this property holds substantial scope for refurbishment or development into modern living spaces, making it an attractive prospect for investors or those seeking to renovate their dream home.

Investment Analysis

(PE31 area)

Above Market Value

This property is priced +103.6% above area average per sq ft

+103.6%
This Property
£711/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£271
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£375,508
10% above area average per sq ft
Potential ROI
-49.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by +8.3% over the last 12 months
3 year growth: -14.6%
5 year growth: 1.8%
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

Joan Shorts Lane, Burnham Market, Norfolk, 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
£2,546
Based on a loan of £521,250 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