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Lowestoft Road, Gorleston, Great Yarmouth

East of England

£170,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom family home presents a compelling opportunity for renovation and investment. Located in a desirable area, the property is conveniently within walking distance of Gorleston High Street, Marine Parade beach, and essential amenities such as local shops and schools catering to various age groups. The layout consists of an entrance hall that leads to a spacious lounge featuring a front bay window, as well as a dining room which opens up through French doors to the rear garden. The kitchen, while functional, offers ample scope for modernization with its l-shaped worktop, base cupboards, and space for kitchen appliances. Upstairs, the first floor comprises three bedrooms; two of which benefit from bay windows that enhance natural light. The bathroom includes a bath with shower fittings (currently non-operational), presenting further potential for improvement or reconfiguration to meet contemporary standards. The exterior features include a manageable front garden that could potentially be transformed into off-street parking with the proper planning permissions. Meanwhile, the rear garden is enclosed and low-maintenance, providing an opportunity for landscaping or creating outdoor living spaces. Given its location and layout, this property is well-positioned for future appreciation after updates are made. It represents not just a house but a canvas for those looking to invest in their vision for modern family living by making thoughtful renovations. This home is offered chain-free, allowing for swift occupancy.

Investment Analysis

(NR31 area)
Area Average
£256/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR31)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -4.4%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on NR31 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

Lowestoft Road, Gorleston, Great Yarmouth
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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
£623
Based on a loan of £127,500 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