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Connaught Avenue, Gorleston

East of England

£275,000
Listed on 13/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1693 sqft

Description

This semi-detached family home presents a compelling opportunity for renovation and investment. Located in a sought-after area of Gorleston, the property is conveniently situated near schools, James Paget University Hospital, and local amenities including Gorleston seafront. The residence boasts four bedrooms (three doubles) along with characteristic original features, including bay windows and tiled fireplaces. The layout consists of a spacious reception hall leading to a generous lounge and dining room, offering ample living space. The kitchen provides potential for modern updates, while there is also a handy walk-in pantry. The first floor includes a bathroom that could be transformed into a contemporary space. Outside, the rear garden is enclosed with existing storage facilities as well as potential for creating off-street parking subject to planning consent. With modernisation required throughout, this is an ideal project for those looking to add value and design their dream family home.

Investment Analysis

(NR31 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£162/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£476,749
10% above area average per sq ft
Potential ROI
+51.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (NR31)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -6.0%
5 year growth: +13.8%
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

Connaught Avenue, Gorleston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 over 30 years at 4.06% 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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