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Pier Walk, Gorleston, Great Yarmouth

East of England

£100,000
Listed on 18/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This detached freehold property, formerly a gospel hall, offers a distinctive opportunity for renovation and investment. Without any conservation orders or listing grades, the building stands ready for transformation, particularly into residential use, subject to the necessary planning consent. Situated in a well-established residential neighborhood, this location is within walking distance of the seafront and beach. It benefits from nearby amenities including a supermarket and Gorleston High Street, along with convenient access to local schools and public transport routes. The interior features a spacious main hall measuring 48' 1'' x 25' 10'' (14.64m x 7.87m), characterized by its original timber ceiling and high-level sash windows that create an inviting atmosphere. The space includes radiators, multiple power points, two cloakrooms, and an understairs storage cupboard. An additional staircase leads to a front-facing balcony, enhancing the property’s charm. Further back in the building is a storage room of 26' 4'' x 10' 8'' (8.02m x 3.25m), which retains similar design elements such as an original timber ceiling and sash windows. This room offers ample versatility for future uses and includes ceiling lights, radiators, power points, and even a stainless steel sink. The kitchen area spans 16' 9'' x 9' 0'' (5.10m x 2.74m), featuring a pitched ceiling and fluorescent lighting. It comes equipped with two stainless steel sink units alongside work surfaces and cupboards underneath. A side door allows direct access to Bells Marsh Road. Outside, the property is framed by concrete pathways and wrought iron railings, with additional access points leading to a rear pathway and an integral boiler storage room. With essential services such as gas, mains water, electricity, and drainage already connected, this property not only presents an opportunity for immediate investment but also holds significant renovation potential in a prime location.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Pier Walk, 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
£366
Based on a loan of £75,000 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