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Main Road, Ormesby

East of England

£425,000
Listed on 14/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This detached bungalow offers a wealth of potential for customization and expansion, making it an attractive opportunity for those looking to invest in property. Nestled in a desirable non-estate area of Ormesby, St. Michael, the home features two generously sized double bedrooms, including a principal suite complete with an en-suite shower room. The interior boasts a welcoming hallway leading to a spacious sitting room adorned with an inset fireplace and large windows that invite natural light. The fully fitted kitchen-diner is well-equipped, providing ample space for both cooking and dining, while the utility room adds practical storage solutions. A standout feature is the expansive outdoor space; the front garden offers off-road parking alongside a single garage, while the rear garden is predominantly laid to lawn and includes established trees and shrubs, creating a tranquil outdoor retreat. There is also a conservatory that enhances the living area and allows for year-round enjoyment of the garden views. Importantly, there are opportunities to further enhance this property through extensions (subject to planning permission) or alterations to maximize living space according to modern needs. Internal viewing is encouraged to fully grasp the potential this property holds for future development or personalization.

Investment Analysis

(NR29 area)
Area Average
£287/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +20.8% over the last 12 months
3 year growth: +24.8%
5 year growth: +39.7%
Investment Disclaimer: Analysis based on NR29 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

Main Road, Ormesby
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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
£1,533
Based on a loan of £318,750 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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