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Neilsen Close, Wells-next-the-Sea

East of England

£290,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
End Of Terrace
Area
862 sqft

Description

This end of terrace house, available for the first time since 1975, presents an excellent opportunity to create a personalized living space. The property has been maintained well but would benefit from modern updates to fully realize its potential. Generously sized rooms throughout offer ample scope for reconfiguration and expansion, subject to necessary approvals. Located in the picturesque Wells-next-the-Sea, the first floor features impressive views over the marshes, enhancing the aesthetic appeal of this residence. The ground floor comprises a welcoming entrance hall leading to a comfortable sitting room with possibilities to enhance the existing fireplace as a charming focal point. Adjacent to this is a dining room ideal for family gatherings and entertaining. A practical kitchen layout allows for easy upgrading, while a spacious conservatory at the rear provides additional light-filled living space overlooking a manageable garden. Upstairs, two sizable double bedrooms connect via a landing to a shower room and separate WC. The principal bedroom's substantial size offers potential for transformation into a third bedroom, reflecting growing needs or family alterations. Glorious views from the back add further desirability. Set on a corner plot, this home boasts an enclosed rear garden designed for minimal upkeep, making it suitable for outdoor enjoyment. The property includes access to both garage parking and off-road parking options, adding practicality in this coastal location. Wells-next-the-Sea is renowned for its scenic beauty along the North Norfolk Coast and offers various local amenities including schools, shops, and cultural venues that contribute to its charm as a popular seaside destination.

Investment Analysis

(NR23 area)

Below Market Value

This property is priced -24.0% below area average per sq ft

-24.0%
Potential saving
This Property
£336/sq ft
Area Average
£443/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£419,626
10% above area average per sq ft
Potential ROI
+27.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR23)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -17.4%
5 year growth: -1.9%
Investment Disclaimer: Analysis based on NR23 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

Neilsen Close, Wells-next-the-Sea
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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
£1,027
Based on a loan of £217,500 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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