Shop Lane, Wells-next-the-Sea, NR23
BE

Shop Lane, Wells-next-the-Sea, NR23

By Belton Duffey

£ 675,000

Reviews

3 out of 5 stars

Belton Duffey says ..

A superb opportunity to purchase a house with potential to enhance and extend in a rarely available location in the heart of town.  No chain.

Property Oracle says ..

This three-bedroom property in Wells-next-the-Sea offers a charming coastal location with the convenience of being relatively close to local schools. The property itself presents a blend of positives and negatives. While the presence of a garden is a desirable feature, potential buyers should be prepared for some modernisation. The current interior design and some aspects of the property’s presentation appear dated. While the photos depict a comfortable and livable house, updates to the kitchen and bathrooms, along with a general refresh of the decor, could significantly enhance its market value and appeal. The listing price requires further contextualisation through precise details on the property’s square footage and a comparison to similar properties with similar amenities and condition to fully assess the reasonableness of the asking price. The absence of information on nearby transportation necessitates considering the location’s reliance on private vehicles.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
5
Bedrooms
3
Bathrooms
1
Sqft (est)
963.10

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
337,085.00 £
Decreased by 55.13 %
from 751,218.00 £
Average area rental value
2,042.00 £/mo
Decreased by 7.18 %
from 2,200.00 £/mo
Est letting value
963.10 £/mo
Decreased by 50.00 %
from 1,926.20 £/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
Wells-Next-The-Sea Primary And Nursery SchoolAcademy Sponsor Led0.72 KM
Wells-Next-The-Sea Sure Start Children'S CentreChildren's Centre0.72 KM
Alderman Peel High SchoolAcademy Converter0.74 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
Maryland £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Shop Lane, Wells-next-the-Sea, NR23 £ 675,000BUY6 / 100.00 KM
Shop Lane, Wells-Next-the-Sea, NR23 £ 525,000BUY7 / 100.02 KM
Elgars Row, Shop Lane, Wells-next-the-Sea £ 350,000BUYUnknown0.03 KM
Shop Lane, Wells-Next-the-Sea, Norfolk £ 525,000BUYUnknown0.03 KM
Staithe Street, Wells-next-the-Sea, NR23 £ 395,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
14 Shop Lane £ 400,0000.03 KM
4 Ramms Court £ 330,0500.08 KM
71 - 73 Staithe Street £ 165,0000.08 KM
5 Ramms Court £ 391,2050.09 KM
3 Ramms Court £ 411,5000.09 KM