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See how verdicts work2-bedroom bungalow · NR31 7LT
Listing removedReduced £20k (−8.3%) on 16 JulListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £240,000-£250,000. Situated on Gloucester Avenue in Gorleston-on-Sea, this semi-detached bungalow offers a great opportunity to create a comfortable home in a sought-after coastal area.
The property provides off-road parking for up to three cars, a garage, and a sunny south-facing garden perfect for relaxing or pottering about.
Inside, there are two reception rooms - one bright and welcoming at the front, and another opening onto the garden through French doors.
The kitchen is practical with room for updating, while the wet room adds everyday convenience. There are two bedrooms, one of which shows some signs of subsidence, allowing scope for improvement.
The summer house at the end of the garden offers a quiet spot to unwind or use as a hobby space.
With shops, schools, and the beach all close by, this home combines coastal living with day-to-day practicality. A property full of potential, ready for someone to make it their own.
The Location Gloucester Avenue, Gorleston is situated in a highly sought-after residential area of Gorleston-on-Sea, offering an ideal combination of coastal living and everyday convenience.
This charming town is famed for its picturesque beaches, traditional seaside attractions, and welcoming community atmosphere, making it a popular choice for families and professionals alike.
Residents of Gloucester Avenue enjoy close proximity to Gorleston Beach, known for its golden sands, scenic promenades, and vibrant seaside ambience.
Whether it’s a leisurely walk along the coastline, a day of sun and surf, or enjoying the nearby cafés and traditional fish and chip shops, the beach is a wonderful focal point for both relaxation and recreation.
The property is also conveniently located near a variety of local amenities, including shops, supermarkets, cafés, and restaurants, providing everything you need on your doorstep.
Gorleston boasts excellent educational facilities, with a selection of well-regarded schools catering to all age groups, as well as accessible healthcare services.
For those commuting or exploring the wider area, Gloucester Avenue benefits from excellent transport links.
Great Yarmouth is just a short drive away, offering further shopping, leisure, and employment opportunities, while Norwich is easily accessible for cultural attractions, shopping, and rail connections to London and beyond.
Gloucester Avenue, Gorleston This semi-detached bungalow offers a fantastic opportunity for buyers seeking a home with potential in a desirable residential area.
The property benefits from off-road parking for up to three cars and a single garage, providing ample space for vehicles or additional storage.
Inside, the bungalow features two well-proportioned reception rooms.
The first, located at the front of the property, enjoys a large front-facing window that fills the room with natural light, making it ideal as a cosy living area.
The second reception room is positioned at the rear and offers French doors leading directly to the south-facing garden, creating a lovely connection between indoor and outdoor spaces - perfect for entertaining or relaxing on sunny days.
The kitchen is functional and well-sized, offering scope for personalisation. The wet room is designed for accessibility and convenience, featuring a shower area with and fitted fixtures.
There are two bedrooms, both providing comfortable accommodation. It should be noted that one of the bedrooms is showing signs of subsidence, which may require investigation and remedial work.
This offers an opportunity for a buyer looking to add value through improvement. Outside, the property boasts a beautiful south-facing rear garden, ideal for enjoying the sunshine throughout the day.
The garden includes a summer house, offering a peaceful retreat or potential hobby space.
Overall, this bungalow combines great potential with practical living features, making it an appealing prospect for downsizers, first-time buyers, or investors looking for a property with scope to enhance and improve.
Agents Note Sold Freehold Connected to all mains services. Disclaimer: There are signs of potential subsidence in Bedroom 2.
Prospective buyers are advised to undertake their own structural inspection and seek professional advice before proceeding with a purchase.
Disclaimer Minors and Brady (M&B) along with their representatives, are not authorised to provide assurances about the property, whether on their own behalf or on behalf of their client.
We don’t take responsibility for any statements made in these particulars, which don’t constitute part of any offer or contract.
To comply with aml regulations, £52 is charged to each buyer which covers the cost of the digital id check.
It’s recommended to verify leasehold charges provided by the seller through legal representation.
All mentioned areas, measurements, and distances are approximate, and the information, including text, photographs, and plans, serves as guidance and may not cover all aspects comprehensively.
It shouldn’t be assumed that the property has all necessary planning, building regulations, or other consents.
Services, equipment, and facilities haven’t been tested by M&B, and prospective purchasers are advised to verify the information to their satisfaction through inspection or other means.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 15 Gloucester Avenue, Great Yarmouth
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