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Shannon Drive, Caister-On-Sea NR30

East of England

£295,000

Listed on 06/07/2026

Property details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow is situated in a tranquil cul-de-sac in Caister-on-Sea, presenting a significant opportunity for renovation and investment. Boasting a generous plot, the property features ample off-road parking and an enclosed rear garden, ideal for outdoor enhancements. The layout includes a master bedroom with en-suite, two additional bedrooms, a spacious living room, a separate dining room, and a functional kitchen with an adjoining utility room. While the bungalow benefits from gas central heating, it requires some updating to fully realize its potential. This is an excellent chance for buyers looking to create their ideal home or enhance its rental prospects.

Investment analysis

(NR30 area)
Area Average
£203/sq ft
Avg Rent (weekly)
£175
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
7%
Properties sold annually

Local Market Trend (NR30)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -4.3%
5 year growth: +10.1%
Investment Disclaimer: Analysis based on NR30 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

Shannon Drive, Caister-On-Sea NR30
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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
£1,114
Based on a loan of £221,250 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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