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West Cottage, 2 Crossways, Ormesby St Margaret, Great Yarmouth, Norfolk NR29 3JZ - Image 1
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West Cottage, 2 Crossways, Ormesby St Margaret, Great Yarmouth, Norfolk NR29 3JZ

East of England

£170,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached cottage, situated in a delightful coastal village, presents an exciting opportunity for renovations and investment. While the property is currently in fair condition and can be lived in, it would benefit from a general update and some redecoration to truly unlock its potential. The home retains several charming character features and includes a secluded garden that adds to its appeal. On the ground floor, you will find two reception rooms, a small kitchen, a cloakroom, and a spacious conservatory offering abundant light. Upstairs are three bedrooms and a bathroom, providing ample space for family or holiday use. Off-road parking for two vehicles along with a garage rounds out the practicality of this property. Originally built in 1823 and more recently extended, this cottage is perfectly positioned for those looking to invest or create their ideal holiday retreat near the picturesque Norfolk Broads and within easy reach of sandy beaches. Local amenities include a popular farm shop, primary school, pub, takeaway options, and more—all within close proximity. This property is well-suited for both owner occupation or as an investment opportunity with great rental potential.

Investment Analysis

(NR29 area)
Area Average
£287/sq ft
Avg Rent (weekly)
£268
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +12.9% over the last 12 months
3 year growth: +7.9%
5 year growth: +21.2%
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

West Cottage, 2 Crossways, Ormesby St Margaret, Great Yarmouth, Norfolk NR29 3JZ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£642
Based on a loan of £127,500 over 30 years at 4.45% 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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