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The Esplanade, Scratby

East of England

£325,000

Listed on 28/05/2026

Property Details

Bedrooms
5
Type
Detached Bungalow
Area
2443 sqft

Description

This property, located on the esteemed Esplanade in Scratby, offers a remarkable opportunity for those with vision. With panoramic sea views and a commitment to eco-friendly living highlighted by solar panels and an air source heat pump, this chain-free residence presents itself as a canvas ripe for refurbishment. The spacious layout includes five bedrooms, multiple reception areas, and substantial outdoor space, making it suitable for a family home or a lucrative holiday rental investment. Inside, the generous principal reception room benefits from floor-to-ceiling windows that frame the stunning coastal vistas, providing a delightful backdrop for both everyday living and entertaining. The kitchen is functional but presents an excellent chance for modern upgrades to enhance its appeal. Additional features like two conservatories add flexibility, while the expansive garden promises potential for landscaping or further development. The property's setting is complemented by local amenities in Scratby and easy access to larger towns such as Great Yarmouth. With its prime location and significant renovation potential, this home is poised to deliver long-term value regardless of whether you're seeking a permanent residence or an investment opportunity.

Investment Analysis

(NR29 area)

Below Market Value

This property is priced -54.0% below area average per sq ft

-54.0%
Potential saving
This Property
£133/sq ft
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£777,973
10% above area average per sq ft
Potential ROI
+87.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +15.2% over the last 12 months
3 year growth: +10.0%
5 year growth: +24.4%
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

The Esplanade, Scratby
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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
£1,159
Based on a loan of £243,750 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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