Great Yarmouth''s property market is benefiting from a new port building project as well as a large immigrant community, a local estate agent has claimed.

The town, situated in Norfolk and famous for its beautiful beaches, is set to become a significant shipping hub with the construction of the new Outer Harbour scheme, which the local council estimates will create 1,000 jobs and contribute to the regeneration of the area.

According to Chris Fielding, manager of estate agency Charles Bycroft & Co, this development has spurred interest in the town from those interested in the buy-to-let opportunities it offers.

"It''s been noticeable that investment people have been looking at Great Yarmouth as a growing area with the Outer Harbour Scheme being put into practice," he said.

He added that Great Yarmouth also attracts many people who want to make the town their permanent home, commenting: "We''ve got a bit of a mixed market. Because we''re on the coastal strip, we tend to find we have a reasonable number of retirement people coming into the area as well."

"When you look at the rest of the marketplace, terraced or semi-detached properties tend to [go to] the younger generation or families who are expanding," Mr Fielding explained.