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South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW - Image 1
South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW - Image 2
South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW - Image 3
South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW - Image 4
South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW - Image 5

South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW

East Midlands

£195,000
Listed on 10/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
727 sqft

Description

This detached bungalow, located in the serene coastal setting of Heacham, offers a promising opportunity for renovation and investment. Comprising three bedrooms, the property provides a spacious environment suitable for families or individuals looking to downsize while still enjoying generous living areas. The layout features a sizable reception room that serves as an ideal space for relaxation or social gatherings. The bungalow’s open floor plan presents multiple options for reconfiguration, allowing potential buyers to personalize the interiors to match their vision. While some modernization is needed, this property acts as a blank canvas where creativity can flourish and value can be added. Outdoor space includes a low-maintenance front garden and an enclosed rear garden primarily laid to lawn with a patio area, providing room for gardening enthusiasts or outdoor activities. The property also benefits from a single garage and driveway, adding convenience and additional storage options. Situated close to Heacham's beautiful beaches and scenic walking paths, this location is not only appealing for permanent residents but also presents strong potential for holiday rentals or vacation homes. The absence of an upward chain facilitates an uncomplicated purchasing process. Whether you’re looking to create your dream home by the coast or seeking an investment that can be enhanced over time, this bungalow represents a valuable opportunity in a desirable location.

Investment Analysis

(PE31 area)

Below Market Value

This property is priced -24.0% below area average per sq ft

-24.0%
Potential saving
This Property
£268/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£19,500 - £48,750
10-25% of property value
Target Value
£282,134
10% above area average per sq ft
Potential ROI
+15.7%
After renovation
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE31)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -4.9%
5 year growth: 12.6%
Investment Disclaimer: Analysis based on PE31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

South Moor Drive, Heacham, King's Lynn, Norfolk, PE31 7BW
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