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Spruce Avenue, Ormesby NR29

East of England

£180,000
Listed on 18/03/2026

Property Details

Bedrooms
2
Type
End Terrace
Area
662 sqft

Description

Nestled in a tranquil residential area of the coastal village of Ormesby, this end-terrace home presents a promising opportunity for renovation and personalisation. The property features a spacious living room that flows seamlessly into the dining area, providing a functional layout for everyday living. The kitchen, while serviceable, is ripe for modern upgrades, allowing new owners to redesign it to meet contemporary standards and style preferences. The home boasts two generously sized double bedrooms and a classic three-piece bathroom on the first floor, offering potential for enhancement or reconfiguration. A sizable private garden at the rear is an attractive feature, complete with a patio and maintained lawn, ideal for outdoor entertaining or family time, while the low-maintenance front garden adds curb appeal without extensive upkeep. Accessibility is enhanced by two off-road parking spaces at the rear and convenient transport links nearby. This property not only offers ample space but also a present chance to develop it further and create a comfortable coastal retreat tailored to one's tastes. With local amenities within easy reach and beautiful beaches just a short distance away, this residence is positioned perfectly for both renovation potential and lifestyle appeal.

Investment Analysis

(NR29 area)

Below Market Value

This property is priced -5.1% below area average per sq ft

-5.1%
Potential saving
This Property
£272/sq ft
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£208,556
10% above area average per sq ft
Potential ROI
-0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +18.8% over the last 12 months
3 year growth: +20.0%
5 year growth: +32.1%
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

Spruce Avenue, Ormesby NR29
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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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