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Sunnywaters, Priory Road, St. Olaves, Great Yarmouth, Norfolk NR31 9HQ - Image 1
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Sunnywaters, Priory Road, St. Olaves, Great Yarmouth, Norfolk NR31 9HQ

East of England

£300,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow

Description

This distinctive four-bedroom detached bungalow, positioned alongside the River Waveney, offers a unique opportunity for investment and renovation. Spanning approximately 175 sq/m, this property boasts a private mooring and picturesque views from both the sunroom and rear garden. Having been owned by the same family for 37 years, it is now available with vacant possession, providing a blank canvas for potential buyers. While the structure itself presents a solid foundation, some modernization and enhancements are needed to unlock its full capabilities. Set in a serene location just south of Saint Olaves in the Norfolk Broads, this property combines tranquil living with substantial redevelopment prospects. The ground floor layout features essential spaces such as a hallway, kitchen/diner, utility room, four bedrooms (one with ensuite), a lounge, sunroom, bathroom, and WC. Outside, the property includes a brick weave driveway leading to a double garage and an expansive backyard that leads directly to the river. Given its condition and location, this presents an exceptional chance for those looking to invest in a riverside property with significant renovation potential.

Investment Analysis

(NR31 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£214
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
56
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR31)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -7.6%
5 year growth: +12.7%
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

Sunnywaters, Priory Road, St. Olaves, Great Yarmouth, Norfolk NR31 9HQ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,063
Based on a loan of £225,000 over 30 years at 3.91% 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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