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South Moor Drive, Heacham, King's Lynn - Image 1
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South Moor Drive, Heacham, King's Lynn

East of England

£195,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
742 sqft

Description

Situated in the serene coastal area of Heacham, this detached bungalow offers three bedrooms and presents a promising opportunity for renovation and investment. The layout features a spacious reception room that serves as a central hub for family activities or entertaining guests, providing versatility to adapt the space to your needs. While the property currently showcases some original design elements, it is primed for modernisation, enabling you to tailor it to your taste. The generous floor plan allows for various configuration options, making it easy to envision an upgraded living environment that suits contemporary lifestyles. Each of the three bedrooms benefits from ample natural light, with comfortable dimensions that offer potential for built-in storage solutions or stylish decor enhancements. The kitchen features essential appliances and access to the rear garden, which is fully enclosed and includes a lawn and patio area—perfect for outdoor relaxation or potential landscaping improvements. Additional conveniences include a single garage and driveway, ensuring ample parking space while providing extra storage options. Heacham is known for its beautiful beaches and scenic walks, making this location attractive not only as a primary residence but also as a vacation retreat. The absence of an upward chain further simplifies the buying process, allowing for a smoother transition into your new home or investment property. This bungalow stands as an excellent blank canvas with significant potential for updates and personal touches while benefiting from its desirable coastal location. Whether you're looking to create a comfortable family home or seeking an investment opportunity in a charming seaside community, this property merits consideration.

Investment Analysis

(PE31 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£263/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£283,344
10% above area average per sq ft
Potential ROI
+20.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by +6.2% over the last 12 months
3 year growth: -14.0%
5 year growth: 2.5%
Investment Disclaimer: Analysis based on PE31 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

South Moor Drive, Heacham, King's Lynn
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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
£714
Based on a loan of £146,250 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