BURNHAM MARKET - Residential Conversion Opportunity
LA

BURNHAM MARKET - Residential Conversion Opportunity

By Landles

£ 250,000

Reviews

2 out of 5 stars

Landles says ..

RESIDENTIAL CONVERSION OPPORTUNITY - Former church hall with valuable benefit of PLANNING PERMISSION for conversion to a residential dwelling. Situated just off The Green in Burnham Market - prime North Norfolk village. Rare opportunity to acquire a conversion opportunity in this location. Gross ...

Property Oracle says ..

This property in Burnham Market, Norfolk presents a unique opportunity for a buyer willing to undertake a significant renovation project. Currently listed as a former church hall, it benefits from planning permission for conversion into a residential dwelling. The location is a key selling point, situated in a sought-after North Norfolk village close to amenities. However, the property itself needs considerable work. Photos reveal dated interior finishes and some external wear, suggesting a substantial investment will be required to bring the property up to a modern standard. Although the land is minimal, the conversion will likely increase the usable square footage. The list price of £250,000 reflects both the required renovation and the premium associated with the Burnham Market location. Prospective buyers should carefully budget for the conversion costs before making an offer. The lack of specific details on the final square footage of the converted property and the absence of specific information on local comparable properties makes a precise evaluation of its potential post-conversion market value difficult.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
1,000.00

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
1,105,000.00 £
Increased by 30.13 %
from 849,153.00 £
Est sale value
1,639,000.00 £
Increased by 162.24 %
from 625,000.00 £
Average area rental value
1,532.00 £/mo
Increased by 14.67 %
from 1,336.00 £/mo
Est letting value
2,000.00 £/mo
from 0.00 £/mo
Est rental Yield
1.66 %
Decreased by 12.17 %
from 1.89 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Landles marked this listing as sold.

  • Landles created the listing.

Nearby Schools

NameTypeOfstedDistance
Burnham Market Primary SchoolAcademy Sponsor Led1.01 KM
Brancaster Cofe Primary AcademyAcademy Converter9.84 KM

Images

IMG_0427 IMG_0436 IMG_0421 IMG_0424 IMG_0426 IMG_0430 IMG_0433

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint Edmunds Lane £ 1,150,00000.00 KM
Jewel's Close £ 000.00 KM
Beacon Hill Road £ 750,00000.00 KM
Friar's Lane £ 600,00000.00 KM
Mill Wood Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
BURNHAM MARKET - Residential Conversion Opportunity £ 250,000BUY4 / 100.00 KM
Impressive Detached Home in the heart of Burnham Market £ 2,650,000BUY7 / 100.03 KM
Burnham Market £ 1,150,000BUY7 / 100.09 KM
The Poplars, Creake Road £ 229,950BUYUnknown0.10 KM
Front Street, Burnham Market, PE31 £ 795,000BUY6 / 100.15 KM

Nearby Properties

AddressPriceDistance
6 Old Railway Yard £ 427,0000.12 KM
8 Old Railway Yard £ 1,200,0000.13 KM
2 Old Railway Yard £ 555,0000.13 KM
14 Front Street £ 686,2910.14 KM
11 Station Road £ 675,0000.16 KM