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Sheringham

East of England

£400,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
966 sqft

Description

Nestled in the scenic coastal town of Sheringham, this brick and flint bungalow presents a prime opportunity for renovation and investment. Located just moments away from the bustling town centre, the beach, and local amenities, this property is ideal for those looking to create their dream home or capitalize on its rental potential. The bungalow features an entrance porch that leads to a welcoming reception hall. A bright sitting room boasts sliding patio doors opening into a conservatory, while the fitted kitchen includes essential appliances and overlooks the south-facing rear garden. The accommodation includes two double bedrooms equipped with fitted wardrobes, alongside a functional shower room. A former garage has been converted into a utility room and storage space but retains its original door, allowing for easy reversion if desired. The outdoor space is well-proportioned with low-maintenance front gardens and a private rear garden that offers a sheltered seating area amidst mature planting. While the interior would benefit from some updating, this provides an exciting canvas for customization, making it perfect for buyers seeking to add value through renovations. With no onward chain, this property represents an excellent opportunity in a highly sought-after location that appeals to both locals and visitors alike.

Investment Analysis

(NR26 area)

Above Market Value

This property is priced +24.0% above area average per sq ft

+24.0%
This Property
£414/sq ft
Area Average
£334/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£354,696
10% above area average per sq ft
Potential ROI
-19.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR26)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -3.7%
5 year growth: +5.0%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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.

Stamp Duty Calculator

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