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Sussex Road, Gorleston

East of England

£210,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Terraced Bungalow
Area
612 sqft

Description

This two-bedroom semi-detached bungalow is located in a well-established residential area of Gorleston, offering the advantage of single-level living with a practical floor plan. Ideal for first-time buyers, downsizers, or investors looking for a property with renovation potential, the home is conveniently situated near local amenities, transport links, and the beautiful coastline. With adequately sized rooms and low-maintenance outdoor space, new owners will find ample opportunity to personalize this property to suit their tastes. The entrance hall leads to a bright lounge that allows for versatile layout options, enhancing day-to-day living and entertaining. The kitchen features functional units alongside integrated cooking appliances, presenting an opportunity for modern upgrades to meet personal preferences. Both well-proportioned double bedrooms provide comfortable accommodation and flexibility for various uses such as guest rooms or home offices, supported by a practical wet room. The exterior gardens require minimal upkeep and offer potential for seating or planting areas to enjoy during warmer months. Overall, this bungalow presents itself as a canvas ready for creative enhancement while being positioned in an area known for its vibrant community and proximity to essential services.

Investment Analysis

(NR31 area)

Above Market Value

This property is priced +36.2% above area average per sq ft

+36.2%
This Property
£343/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£169,613
10% above area average per sq ft
Potential ROI
-27.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR31)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -7.7%
5 year growth: +10.6%
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

Sussex Road, Gorleston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£749
Based on a loan of £157,500 over 30 years at 3.97% 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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