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Staithe Street, Wells-next-the-Sea

East of England

£550,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Town House
Area
1122 sqft

Description

Situated in the vibrant coastal town of Wells-next-the-Sea, this Georgian brick and flint cottage offers significant potential for transformation. Just a stone's throw from the picturesque Quay, it presents a unique opportunity for both homeowners and investors looking to create a bespoke retreat in one of North Norfolk's most desirable areas. Spanning three levels, the property retains many original characteristics, such as sash windows, exposed beams, and period fireplaces, which enhance its charm. However, there is an evident opportunity for cosmetic upgrades, particularly in the kitchen and bathroom spaces, which would allow future owners to personalize the home to their liking. The ground floor features an open-plan layout that harmoniously blends kitchen, dining, and living spaces—ideal for entertaining or family gatherings. The current kitchen setup is functional but outdated; modernization here could unlock greater overall value. A traditional winder staircase leads to two characterful bedrooms on the first floor, alongside a family bathroom that also requires updating. The top floor accommodates the principal bedroom with vaulted ceilings and dual aspect windows providing airy views. Externally, low-maintenance outdoor spaces include a small courtyard and gravelled garden with seating potential. Perhaps most noteworthy is the property’s rare private parking option—a distinct advantage in such a central location so close to amenities and natural beauty. Wells-next-the-Sea itself boasts rich history and beautiful coastlines with ample local services including shops, schools, and diverse restaurants. This property not only provides an excellent investment opportunity but also serves as a canvas ready for enhancement.

Investment Analysis

(NR23 area)

Above Market Value

This property is priced +11.8% above area average per sq ft

+11.8%
This Property
£490/sq ft
Area Average
£439/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£541,382
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR23)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -15.7%
5 year growth: -2.0%
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

Staithe Street, Wells-next-the-Sea
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 over 30 years at 4.45% 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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