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The Street, Wiveton, Norfolk

East of England

£995,000
Listed on 23/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
4211 sqft

Description

Welcome Cottage is an attractive detached property built from brick and flint, located in the desirable coastal village of Wiveton. This spacious home spans three floors and features a flexible layout with four reception rooms, five bedrooms, and three bathrooms, all enhanced by charming character elements such as exposed beams and authentic fireplaces. The gravelled driveway allows for off-road parking, leading to a side entrance that welcomes you into this character-rich residence. The south-facing garden is a standout element of the property, featuring mature landscaping including terraced areas perfect for enjoying sunshine, expansive lawns, and diverse plant life. An outbuilding on the premises offers potential for various uses subject to planning permission. The home is positioned for modernisation, presenting an excellent opportunity for buyers looking to enhance its charm while adding value. Offered with no onward chain, this property invites creative vision from prospective owners. Situated on the serene banks of the River Glaven, Wiveton encapsulates the tranquility of north Norfolk while remaining accessible to local amenities. Known for its breathtaking natural beauty within an Area of Outstanding Natural Beauty, residents can enjoy activities like walking along scenic routes or visiting nearby attractions such as Wiveton Hall Café and St Mary's Church. With Norwich just 27 miles away and convenient transport links to London, this location harmonizes seclusion with connectivity.

Investment Analysis

(NR25 area)

Below Market Value

This property is priced -39.9% below area average per sq ft

-39.9%
Potential saving
This Property
£236/sq ft
Area Average
£393/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£1,821,805
10% above area average per sq ft
Potential ROI
+67.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (NR25)

Area prices are falling by -14.7% over the last 12 months
3 year growth: -20.8%
5 year growth: -3.1%
Investment Disclaimer: Analysis based on NR25 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

The Street, Wiveton, Norfolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,589
Based on a loan of £746,250 over 30 years at 4.06% 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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