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Cliff Hill, Gorleston, Great Yarmouth

East of England

£130,000
Listed on 30/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
514 sqft

Description

This 2-bedroom property presents a solid investment opportunity, located just a short walk from Gorleston Beach and close to essential schools, shops, and services. While the home is in need of modernisation, it boasts ample potential for those looking to add value. The interior layout includes a sitting room with a fireplace, two bedrooms, and a ground floor bathroom. The kitchen has been removed, offering a blank canvas for renovation. Additionally, there’s the option to create off-road parking at the rear, which could enhance its appeal further. Being offered chain-free makes this an ideal project for builders or investors eager to transform this space into a desirable residence.

Investment Analysis

(NR31 area)

Above Market Value

This property is priced +0.4% above area average per sq ft

+0.4%
This Property
£253/sq ft
Area Average
£252/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£142,453
10% above area average per sq ft
Potential ROI
-20.9%
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

Cliff Hill, Gorleston, Great Yarmouth
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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
£464
Based on a loan of £97,500 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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