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Nelson Avenue, Shotley Gate, IP9

East of England

£425,000
Listed on 31/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1289 sqft

Description

This four-bedroom detached home presents a significant opportunity for renovation and investment, catering ideally to families seeking versatility in layout. The spacious ground floor features an open-plan kitchen/diner with double French doors leading to the rear garden, complemented by a separate lounge and study—ideal for remote working arrangements. A utility room and cloakroom enhance functionality. Upstairs, all bedrooms benefit from natural light, with the master boasting an ensuite shower room. The family bathroom serves the remaining three bedrooms. Outside, the sizable garden includes a small patio area while the front comprises a garage equipped with an EV charging point and a driveway for two vehicles. Located within a developing community at Barrelmans Point, this property not only offers beautiful scenery and coastal walks but also promises future amenities that can increase property value significantly. With some strategic upgrades and modern touches, this residence could be transformed into a desirable family haven.

Investment Analysis

(IP9 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£330/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£472,161
10% above area average per sq ft
Potential ROI
+0.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (IP9)

Area prices are rising by +7.4% over the last 12 months
3 year growth: -6.1%
5 year growth: +19.0%
Investment Disclaimer: Analysis based on IP9 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

Nelson Avenue, Shotley Gate, IP9
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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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