Norfolk is one of the most beautiful counties in the UK. It has plenty to offer, from historical sites and wildlife to stunning marshland and sandy beaches.
It’s a county in the east of England that boasts vast expanses of wildlife-rich wetlands, lush farmland and coastal towns, not to mention the rolling Norfolk Broads that it’s famed for.
Norfolk is one of the most popular holiday destinations in the UK for people looking for a break from city life. There are many destinations available for travellers coming to Norfolk to enjoy their holiday.
Holiday homes in Norfolk are an excellent choice for visitors who want to experience the unspoiled natural beauty and picturesque landscapes.
In this guide, we’ll cover some of the best places to buy a property in Norfolk. We’ll also give you some tips on making your holiday home in Norfolk more comfortable and pleasant for your guests.
The Norfolk property market – who is it right for?
The Norfolk property market has seen a boom in recent years, providing both first-time buyers and those looking for an investment opportunity the chance to buy the perfect property.
But with so many properties available, it can be difficult to decide which one will suit your needs best. There are many benefits to buying a holiday home in Norfolk.
Firstly, the average property price is around £160,000, meaning buyers can find more space for their money, although in Norwich, the county town, this rises to around £240,000,
Secondly, investing in a Norfolk holiday home has the potential to offer greater capital growth over the years.
And thirdly, house prices, relatively speaking, are more affordable than in other parts of the UK, and properties are generally of a better quality and liveability than some parts of the South East.
The Norfolk property market is suitable for people looking to invest in a holiday home with lots of potential to rent out to tourists and holidaymakers.
The Norfolk area has a wide range of holiday properties to suit all budgets and tastes, but it’s important to remember that the cost of properties can vary due to many factors, such as location and size.
Best locations for a holiday home in Norfolk
Norfolk is one of the UK’s most popular holiday destinations. With wide, sandy beaches, it has plenty of family-friendly entertainment on offer.
The Norfolk Coast offers some of the UK’s best surfing spots, while the Norfolk Broads are home to a vast ecosystem of plants and wildlife, along with many pleasure boats and yachts.
There are plenty of great places to buy property in Norfolk.
The beautiful, rolling countryside is perfect for walking or cycling holidays with friends and family. Norfolk also has a fascinating history, with pre-historic remains set in areas like Happisburgh.
It’s not surprising that there are so many beautiful places to stay in Norfolk. Some of the best spots to invest in a holiday property include:
Great Yarmouth is one of the UK’s most visited coastal towns. It is bursting with traditional seaside activities and things to do, from its pleasure beach and fabled ‘Golden Mile’ of amusement arcades, pubs and attractions, to a vast expanse of pristine beach.
Norwich is Norfolk’s county capital. It’s a bustling medieval cathedral city with interesting architecture, including the Romanesque cathedral building with ornate cloisters, two imposing city gates and a Tombland area that was once a Saxon marketplace. The Museum of Norwich traces the city’s industrial heritage, including a traditional old pharmacy and exhibits about the textile industry.
As mentioned above, Happisburgh (pronounced ‘Haze-bruh’) is a historic village on the county’s north-east coast. It’s mentioned in the Doomsday Book (where it’s spelt ‘Hapesburg’) and is home to the oldest working lighthouse in Norfolk.
The historic town of King’s Lynn is an ideal destination for tourists looking to spend a few nights enjoying its superb mix of shopping, entertainment and history. It remains one of the UK’s most important ports, with a heritage stretching back to the 12th Century, and its maritime roots are still in evidence today.
Cromer is a traditional seaside resort that is home to a lifeboat station, pier and Pavilion Theatre. The latter plays host to the UK’s only remaining ‘end of the pier’ variety show, which takes place every summer and winter. Aside from great seafood – Cromer is famed for its fresh crab sandwiches – the village is one of the places street artist Banksy chose for his ‘Great British Spraycation’ artwork in 2020.
Wroxham is widely considered the capital of the Norfolk Broads and has been a popular destination for holidaymakers since the late 1800s.
Because of its location, it is especially popular for those who enjoy boating holidays. Because of its central location – it’s just eight miles from Norwich and 20 miles from Great Yarmouth and Cromer – Wroxham makes a great base for people looking to get out and explore what Norfolk has to offer.
Buying a holiday home in Norfolk – things to consider
If you’re planning to buy a holiday rental property in Norfolk, it’s essential to understand the market you are targeting to make sure the property you rent out appeals to your target audience.
For example, if you’re buying a waterside lodge on the Broads, is it safe and family-friendly? Will it have enough to do to keep the kids occupied?
What’s the parking like?
Does it have enough bathrooms and privacy for large groups, or any mod cons like wifi, air conditioning or entertainment?
These are all things you need to consider when investing in a holiday property, as they could affect your success at renting them out.
It’s also essential to get the right mortgage. If you’re only going to use the holiday home yourself, or let your family and friends stay there for free, then you’ll need to get a holiday home mortgage.
If, however, you’re planning on letting it out to tourists, then you’ll need a holiday let mortgage instead.
If you’re unsure about which mortgage you need or how to access the best deals and complete the application process, give us a call.
Our expert team has more than 40 years’ experience in the holiday home mortgage market and can help you find the best mortgage to meet your exact requirements.