Watsons says ..
This generous and successful, detached guest house presents an opportunity to those wishing to make a living from their home, in this popular town on the North Norfolk coast.
Property Oracle says ..
This property in Sheringham, Norfolk, is a nine-bedroom, eight-bathroom house currently listed for £795,000. The house is described as a successful guest house. The photos reveal a property that is presented well, showing a mixture of updated and older features. The rooms are adequately furnished, though the decor is likely to appeal more to certain preferences than others. Whilst the property shows signs of recent updates, a significant renovation may be needed to meet modern standards and to realise the full potential of the property. The location in Sheringham offers benefits of being close to both the seafront and railway station, as well as having several good primary and secondary schools nearby. The surrounding area appears relatively quiet and residential. However, the lack of details on plot size makes it difficult to assess the true value. The price point of £795,000 may be higher than many comparable properties in Sheringham, depending on the precise plot size and the condition of the property that are not fully detailed, making the value difficult to confirm. Overall, this property presents an opportunity as an established guest house, but requires further investigation to determine accurate value for money.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 3
- Bedrooms
- 9
- Bathrooms
- 8
- Sqft (est)
- 3,274.38
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 337,772.00 £Decreased by 14.97 %
- Est sale value
- 887,356.98 £Decreased by 19.35 %
- Average area rental value
- 950.00 £/moIncreased by 2.70 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.38 %Increased by 21.15 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Watsons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sheringham Community Primary School | Community School | Good | 1.79 KM |
| Beeston Hall School | Other Independent School | 1.94 KM | |
| Sheringham Woodfields School | Foundation Special School | Outstanding | 2.05 KM |
| Sheringham High School | Academy Converter | Good | 2.08 KM |
| St Andrew'S School | Other Independent Special School | Good | 2.44 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Huntley Crescent | £ 198,750 | 0 | 0.00 KM |
| Hadley Road | £ 0 | 0 | 0.00 KM |
| Havelock Road | £ 0 | 0 | 0.00 KM |
| Heath Road | £ 0 | 0 | 0.00 KM |
| Knowle Road | £ 180,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Sheringham | 7319 | SHM | 0.72 KM |
| West Runton | 7329 | WRN | 3.23 KM |
| Cromer | 7295 | CMR | 8.50 KM |
| Roughton Road | 7297 | RNR | 9.52 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Sheringham | £ 795,000 | BUY | 5 / 10 | 0.00 KM |
| Common Lane, Sheringham | £ 350,000 | BUY | 7 / 10 | 0.10 KM |
| Cromer Road, Sheringham | £ 375,000 | BUY | 6 / 10 | 0.12 KM |
| Beeston Common, Sheringham | £ 450,000 | BUY | 7 / 10 | 0.19 KM |
| Sheringham | £ 285,000 | BUY | 6 / 10 | 0.20 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 8 Robertson Close | £ 246,000 | 0.05 KM |
| 1 Robertson Close | £ 345,000 | 0.05 KM |
| 9 Robertson Close | £ 230,000 | 0.05 KM |
| 3 Robertson Close | £ 205,000 | 0.05 KM |
| 2 Robertson Close | £ 108,000 | 0.05 KM |