Initial price	£450,000
25/04/24	£425,000
Price Change	-5.56%

The property is a site with detailed planning permission for the construction of four 1-bedroom holiday homes in the popular coastal location of Sheringham, Norfolk. The planning permission was granted by North Norfolk District Council in July 2021, and the seller has prepared a full working drawing package and consultant packages to support the development. The estimated gross annual income for the holiday homes is £100,000, with anticipated rental income of £600-700 per week and an occupancy rate of 70-75% per annum due to the property's attractive location and appeal to holiday makers and bird watchers.