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Yarmouth Road, Ormesby

East of England

£395,000
Listed on 27/04/2026

Property Details

Bedrooms
3
Type
Cottage

Description

This detached three-bedroom cottage presents an impressive opportunity for those looking to invest in a renovation project. Set on a generous plot of 0.60 acres, the property is ripe for refurbishment and offers significant potential for extension or redevelopment, subject to planning permission (STPP). The existing structure could be transformed into a charming residence or repurposed for commercial use, such as a nursery or farm shop. With spacious gardens enveloping the home and several outbuildings, including a former laundry room and garage, there is ample scope for various projects to enhance the property’s value. Internally, the layout includes fundamental living spaces that require modernisation; each room holds potential for improvement while retaining some original features like fireplaces and built-in storage. This property warrants a thorough inspection to fully appreciate its investment possibilities.

Investment Analysis

(NR29 area)
Area Average
£287/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +19.8% over the last 12 months
3 year growth: +17.1%
5 year growth: +30.3%
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

Yarmouth Road, Ormesby
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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
£1,399
Based on a loan of £296,250 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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