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Spruce Avenue, Ormesby

East of England

£180,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
662 sqft

Description

Nestled on a tranquil residential street in the coastal village of Ormesby, this end-terrace home offers a solid foundation for renovation and customization. The property features a spacious living room that opens into a dining area, creating an inviting flow for everyday life and entertaining. The kitchen is functional yet ripe for modern enhancements, allowing future owners to tailor the space to their preferences. Upstairs are two generous double bedrooms and a classic bathroom suite, ideal for reimagining. Outside, a sizable private garden presents opportunities for outdoor improvements or landscaping, complemented by low-maintenance front gardens and off-road parking at the rear. This chain-free property presents a practical investment opportunity with ample space to create a personalized living environment in close proximity to local amenities and beautiful coastal walks.

Investment Analysis

(NR29 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£272/sq ft
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£208,556
10% above area average per sq ft
Potential ROI
-3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +18.8% over the last 12 months
3 year growth: +20.0%
5 year growth: +32.1%
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

Spruce Avenue, 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
£649
Based on a loan of £135,000 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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