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Paston Road, Mundesley

East of England

£350,000
Listed on 11/01/2026

Property Details

Bedrooms
5
Type
Terraced house

Description

This mid-terraced house, located in the desirable coastal village of Mundesley, offers a unique opportunity for refurbishment and investment. Originally two separate homes, it has been transformed into a spacious five to six-bedroom residence spread over two levels, making it ideal for families or as a rental property. While the property benefits from uPVC double glazing and gas-fired central heating, it is clear that some modernisation is required to bring it up to contemporary standards. The ample built-in storage and the generous rear garden provide great potential for enhancement. The expansive lawned area lends itself well to landscaping projects, while the in/out driveway presents practical off-road parking solutions. Given its proximity to sandy beaches and local amenities, this home holds significant appeal for both permanent residents and holidaymakers alike. This property comes with no onward chain, making it an attractive option for investors seeking quick acquisition.

Investment Analysis

(NR11 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -6.3%
5 year growth: 11.2%
Investment Disclaimer: Analysis based on NR11 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

Paston Road, Mundesley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE