Newport Road, Hemsby, NR29
MI

Newport Road, Hemsby, NR29

By Minors & Brady

£ 20,000

Reviews

2 out of 5 stars

Minors & Brady says ..

GUIDE PRICE: £20,000-£25,000. This well-presented end-terraced holiday chalet is set in a quiet and popular coastal village site in the Newport area of Hemsby. Offering cosy accommodation with a living room, kitchenette, two bedrooms, and a bathroom, the property comes fully furnished and benefit...

Property Oracle says ..

This two-bedroom chalet bungalow located in Hemsby, Norfolk, presents a potential investment opportunity. The property is situated near Hemsby beach and within reach of Great Yarmouth, providing access to coastal amenities and services. Several nearby primary schools are rated ‘Good’ by Ofsted, making it an attractive option for families. However, it’s important to note that the chalet is situated in a holiday park with very limited land. The property appears to be well-maintained and in reasonable condition. The kitchen and bathroom are simple but clean, and the living spaces appear functional. The images show an interior that is clean, well-presented and in move-in condition. While the interior is presentable, it might benefit from some modernization to enhance its appeal to a wider range of buyers. The listing price seems acceptable, aligning with the average price of other similar properties in the area. Considering the limited land, however, the value might be considered slightly below that of other detached houses with gardens in the area. Prospective buyers should factor in the holiday park setting and its implications for ownership. Overall, it could serve as a holiday home or affordable entry point into the Norfolk property market, though its restricted plot size is a significant drawback.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
777.48

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
649,352.00 £
Decreased by 3.16 %
from 670,553.00 £
Est sale value
325,764.12 £
Decreased by 13.43 %
from 376,300.32 £
Average area rental value
1,515.00 £/mo
Decreased by 43.89 %
from 2,700.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 777.48 £/mo
Est rental Yield
2.80 %
Decreased by 42.03 %
from 4.83 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Minors & Brady created the listing.

Nearby Schools

NameTypeOfstedDistance
Hemsby Primary SchoolCommunity SchoolGood2.14 KM
Ormesby Village Junior SchoolCommunity SchoolGood2.39 KM
Ormesby Village Infant SchoolCommunity SchoolGood2.94 KM
Winterton Primary School And NurseryAcademy Sponsor Led3.36 KM
John Grant School, Caister-On-SeaFoundation Special SchoolOutstanding3.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Garden Road £ 270,00000.00 KM
George Loades Court £ 34,95000.00 KM
The Glebe £ 375,00000.00 KM
The Esplanade £ 450,00000.00 KM
The Avenue £ 280,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Great Yarmouth7328GYM8.85 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newport Road, Hemsby £ 38,000BUY6 / 100.00 KM
Newport Road, Hemsby £ 25,000BUY7 / 100.00 KM
Hemsby, Great Yarmouth, NR29 4NW £ 57,500BUYUnknown0.00 KM
Newport Road, Hemsby £ 27,000BUY6 / 100.00 KM
Newport Road, Hemsby £ 26,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
New Farm Bungalow £ 88,5000.00 KM
Beach Cottage £ 219,0000.33 KM
Sycamore £ 130,0000.33 KM
Wynchway £ 142,0000.33 KM
2 South Road £ 55,0000.33 KM