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Recreation Road, Gorleston, Great Yarmouth NR31 - Image 1
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Recreation Road, Gorleston, Great Yarmouth NR31

East of England

£120,000

Listed on 25/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house presents a valuable opportunity for renovation in a central location near Gorleston High Street and just a stroll from the beach. The property features an entrance hall that leads to both a lounge and dining room, each with their own open fireplaces, adding character to the space. The kitchen is functional but dated, offering potential for modernisation. A ground floor bathroom and side lean-to provide additional utility, while upstairs are two spacious double bedrooms with built-in storage. The front forecourt and enclosed rear garden also hold promise for landscaping or expansion. With single glazed windows and gas central heating already installed, this property is ripe for updates that could significantly enhance its value.

Investment Analysis

(NR31 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.4%

Renovation Potential

Medium 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
55
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR31)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -7.7%
5 year growth: +10.6%
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

Recreation Road, Gorleston, Great Yarmouth NR31
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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
£428
Based on a loan of £90,000 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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