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Renoir Place, Gunton NR32 - Image 1
Renoir Place, Gunton NR32 - Image 2
Renoir Place, Gunton NR32 - Image 3

Renoir Place, Gunton NR32

East of England

£450,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1407 sqft

Description

Located on a spacious corner plot in the desirable Gunton area of Lowestoft, this detached property offers not only a comfortable living environment but also significant renovation and investment potential. Its proximity to Gunton Woods and the coastline enhances its appeal for families who enjoy outdoor activities and nature walks. The interior layout presents an adaptable canvas, featuring a bright sitting room that transitions into a dining area, with a garden room that provides scenic views of the private garden—ideal for expanding living space or redesigning based on personal preferences. The inclusion of a study adds versatility, making it suitable for a home office or hobby space. The upstairs accommodates four well-sized bedrooms with built-in storage options, along with a family shower room, providing ample space for modern family needs. The exterior is designed for low maintenance yet holds potential for enhancement; the patio area and artificial lawn create an inviting outdoor atmosphere while additional storage sheds offer practical utility. Parking is plentiful with a driveway and garage—both present opportunities for conversion into additional living accommodation or an annex (subject to planning permission). This property stands out as an excellent opportunity to create a tailored home in an excellent location, combining convenience with scope for further development. With thoughtful updates, this residence could be transformed to reflect contemporary tastes while benefiting from the prime East of England setting.

Investment Analysis

(NR32 area)

Above Market Value

This property is priced +31.8% above area average per sq ft

+31.8%
This Property
£320/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£375,472
10% above area average per sq ft
Potential ROI
-23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on NR32 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

Renoir Place, Gunton NR32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE