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Conifer Close, Ormesby NR29

East of England

£290,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1045 sqft

Description

Nestled on a tranquil residential street in the coastal village of Ormesby, this detached home presents an attractive foundation for both comfortable living and future enhancements. The interior boasts a well-thought-out layout that harmoniously connects a generously sized living room, a dedicated study perfect for remote work, and a dining area that transitions smoothly into a reception room. This arrangement not only facilitates family gatherings but also offers the potential to adapt spaces according to evolving lifestyles. The kitchen, while functional, shows promise for modernization, providing an ideal opportunity for renovation enthusiasts to infuse their style. A newly installed boiler (2025) ensures reliable heating moving forward. Upstairs features three cozy bedrooms alongside a contemporary family bathroom that is ready for immediate use. The private rear garden is particularly noteworthy; it offers mature trees and established plantings that create an inviting outdoor retreat throughout the year. Additional benefits include off-road parking and a garage, enhancing the property's appeal. This residence holds significant investment potential in a sought-after coastal locale, combining immediate comfort with the opportunity to personalize over time. With local amenities in close proximity and excellent transport links connecting you to nearby beaches and larger towns, this property represents a promising choice for families or investors looking to make their mark in Ormesby.

Investment Analysis

(NR29 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£278/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£268
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£330,366
10% above area average per sq ft
Potential ROI
+1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Conifer Close, Ormesby NR29
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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
£1,096
Based on a loan of £217,500 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.

Stamp Duty Calculator

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