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Elizabeth Crescent, Holt, NR25

East of England

£165,000
Listed on 01/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
556 sqft

Description

Nestled in a tranquil cul-de-sac, this end-of-terrace home presents an excellent renovation opportunity on an extensive corner plot. While the property currently requires significant modernization, it offers a blank canvas for those looking to invest in a project with considerable potential. The large, overgrown garden area invites cultivation and landscaping, allowing for personal touches and expansion possibilities. The accommodation features an entrance hall that leads into a sitting room with front-facing windows, providing a welcoming entry point. Adjacent is the dining room, which benefits from multiple rear windows that fill the space with natural light. The compact kitchen has essential fixtures and includes space for future updates. Upstairs, the property boasts three bedrooms, each offering unique views and ample room to create comfortable living spaces. The bathroom and separate WC are functional but would benefit from upgrading to maximize potential appeal. Outside, the expansive triangular plot ensures privacy and offers various storage solutions through multiple timber and brick-built sheds. With enough space to accommodate off-road parking or even extensions—subject to necessary permissions—this property can be transformed into a desirable residence. Holt is renowned for its historical charm as a Georgian market town, complete with independent shops, cafes, and easy access to the stunning North Norfolk coast. Notable nearby destinations include Weybourne and Blakeney, known for their scenic beaches and recreational opportunities such as sailing and bird-watching. Additionally, Norwich's amenities—including its international airport—are just a short drive away. This property is offered with full vacant possession and no onward chain, making it an attractive prospect for buyers looking to invest in renovation while enjoying the benefits of this appealing location. While currently lacking central heating, it connects to mains water, drainage, electricity, and gas services.

Investment Analysis

(NR25 area)

Below Market Value

This property is priced -24.4% below area average per sq ft

-24.4%
Potential saving
This Property
£297/sq ft
Area Average
£393/sq ft

Renovation Potential

Est. Renovation Cost
£16,500 - £41,250
10-25% of property value
Target Value
£240,053
10% above area average per sq ft
Potential ROI
+16.4%
After renovation
Monthly Sales
7
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR25)

Area prices are falling by +12.9% over the last 12 months
3 year growth: -10.1%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on NR25 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

Elizabeth Crescent, Holt, NR25
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