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Fredrick Road, Gorleston

East of England

£120,000

Listed on 15/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

Located in a desirable central area of Gorleston, this two-bedroom mid-terrace house offers an unmissable chance for those looking to embrace a renovation project. While the property requires comprehensive updating throughout, it features spacious rooms including a partially open plan lounge/diner and two independently accessed bedrooms from the landing. The generous bisected rear garden presents great potential for outdoor improvements or landscaping enhancements. Just a short walk from Gorleston High Street, which is home to various shops and amenities, this property serves as an appealing option for first-time buyers or investors eager to make their mark through renovation.

Investment analysis

(NR31 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR31)

Area prices are falling by -5.9% over the last 12 months
3 year growth: -8.4%
5 year growth: +9.0%
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

Fredrick Road, Gorleston
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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
£453
Based on a loan of £90,000 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.

Stamp duty calculator

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