Staithe Street, Wells-next-the-Sea, NR23
BE

Staithe Street, Wells-next-the-Sea, NR23

By Belton Duffey

£ 425,000

Reviews

2 out of 5 stars

Belton Duffey says ..

A unique opportunity to acquire a Grade II Listed cottage with courtyard and prime retail unit in the heart of Wells-next-the-Sea.

Property Oracle says ..

This three-bedroom property located on Staithe Street in Wells-next-the-Sea, Norfolk, presents a mixed bag. The property benefits from a prime location in a charming coastal town with excellent access to local amenities and schools, Alderman Peel High School and Wells-Next-The-Sea Primary and Nursery School are both within easy walking distance. The train station is also within a reasonable distance, however, it does not offer direct links to London. This would be a major consideration for anyone looking to commute. The property itself, however, needs updating. While structurally sound, the kitchen and bathroom are dated, and several images show cosmetic work that would be required before one could consider the property well presented. The small, paved courtyard provides minimal outdoor space. The lack of specific comparable recent sales data makes a precise price assessment difficult; however, given the location, size, and required refurbishment, the list price of £425,000 appears reasonably competitive within the market, reflecting the desirability of the location even if the condition needs some work.

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
7
Condition
5
Location
7
Land
2
Bedrooms
3
Bathrooms
1
Sqft (est)
1,140.00

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
686,107.00 £
Decreased by 13.94 %
from 797,268.00 £
Est sale value
399,000.00 £
Decreased by 55.13 %
from 889,200.00 £
Average area rental value
2,042.00 £/mo
Decreased by 7.18 %
from 2,200.00 £/mo
Est letting value
1,140.00 £/mo
Decreased by 50.00 %
from 2,280.00 £/mo
Est rental Yield
3.57 %
Increased by 7.85 %
from 3.31 %
Crime Rate
132.00 %
Unchanged by 0.00 %
from 132.00 %

Agent Activity

  • Belton Duffey created the listing.

Nearby Schools

NameTypeOfstedDistance
Alderman Peel High SchoolAcademy Converter0.71 KM
Wells-Next-The-Sea Primary And Nursery SchoolAcademy Sponsor Led0.77 KM
Wells-Next-The-Sea Sure Start Children'S CentreChildren's Centre0.77 KM
Walsingham Ce Va Primary SchoolVoluntary Aided SchoolGood6.97 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Greenway Lane £ 000.00 KM
Green Dragon Lane £ 425,00000.00 KM
Shrublands £ 000.00 KM
Old Staithe Walk £ 1,250,00000.00 KM
Park Road £ 499,95000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Staithe Street, Wells-next-the-Sea, NR23 £ 395,000BUY5 / 100.00 KM
Staithe Street, Wells-next-the-Sea, NR23 £ 425,000BUY5 / 100.00 KM
Staithe Street, Wells-next-the-Sea £ 450,000BUYUnknown0.04 KM
Newgate Lane, Wells-next-the-Sea, NR23 £ 500,000BUY6 / 100.04 KM
Elgars Row, Shop Lane, Wells-next-the-Sea £ 350,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
71 - 73 Staithe Street £ 165,0000.03 KM
61a Staithe Street £ 190,0000.04 KM
59a Staithe Street £ 287,5000.04 KM
14 Shop Lane £ 400,0000.06 KM
17a Staithe Street £ 150,0000.06 KM