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Blackheath Road, Pakefield, NR33

East of England

£170,000
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
910 sqft

Description

Located in the desirable Pakefield area, this two-bedroom residence offers a unique chance for those keen on making renovations to craft their ideal living space. With multiple reception rooms including a spacious bay-fronted sitting room, a dining area, and a conservatory, this property has ample potential to reconfigure or modernize. The home is equipped with gas central heating and features both front and rear gardens; the latter includes off-road parking access at the rear along with established planting and functional outbuildings. Its proximity to local amenities enhances its appeal for first-time buyers or investors seeking a renovation project in this sought-after coastal town. With award-winning beaches nearby and excellent transport links to Norwich and beyond, this property represents both lifestyle potential and investment opportunities.

Investment Analysis

(NR33 area)

Below Market Value

This property is priced -27.4% below area average per sq ft

-27.4%
Potential saving
This Property
£187/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£257,607
10% above area average per sq ft
Potential ROI
+32.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR33)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -4.5%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on NR33 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

Blackheath Road, Pakefield, NR33
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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
£602
Based on a loan of £127,500 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.

Stamp Duty Calculator

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