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Northfield Road, Mundesley, Norwich - Image 1
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Northfield Road, Mundesley, Norwich

East of England

£250,000
Listed on 07/06/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached house offers extensive renovation and investment potential, situated on a sizable plot in the picturesque seaside village of Mundesley. The property presents a unique opportunity for buyers looking to create a personalized home or capitalize on the local rental market. Inside, the first floor features a large entrance hall that leads to various living spaces. The spacious lounge overlooks the rear garden, while the adjoining dining room/snug boasts a cozy wood burner, making it an inviting area for relaxation. The kitchen/diner is equipped with essential fittings and connects seamlessly to outdoor space. A cloakroom completes this level's layout. Upstairs, three bedrooms await; two are generously sized doubles, each with built-in storage solutions, and the third is a single bedroom that could serve as an office or guest room. A well-positioned bathroom complements the sleeping quarters. Outside, the property benefits from a gravel driveway at the front, providing off-road parking for multiple vehicles. The expansive rear garden is mainly laid to lawn and offers a blank canvas ready for landscaping or further development. This substantial plot holds excellent possibilities for extension (subject to planning permission), allowing you to tailor the home to your specific needs. Located just moments away from one of the area's most renowned beaches, this residence embodies coastal living while being conveniently close to local amenities including shops, schools, and recreational facilities. The surrounding countryside and coastal paths invite exploration and leisure activities. With some updating required throughout, this property holds great promise as both a family home and an investment opportunity in a desirable location.

Investment Analysis

(NR11 area)
Area Average
£319/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -4.8%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on NR11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Northfield Road, Mundesley, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE