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Sutton Road, Terrington St Clement, King's Lynn, - Image 1
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Sutton Road, Terrington St Clement, King's Lynn, - Image 5

Sutton Road, Terrington St Clement, King's Lynn,

East Midlands

£185,000
Listed on 07/06/2025

Property Details

Bedrooms
2
Type
Detached house
Area
822 sqft

Description

This detached two-bedroom bungalow presents a unique opportunity for renovation and investment in a desirable village setting, away from the bustle of estate developments. While the property requires complete modernization, it offers a spacious layout with character features such as high ceilings and generously sized rooms that are ripe for transformation. Entering through the front porch, you will find a bright lounge with a bay window that welcomes natural light, flowing into a sizable dining room boasting a charming feature fireplace. The main bedroom mirrors this light-filled approach with another bay window and fireplace. A second bedroom is also well proportioned, ensuring comfortable living spaces. At the rear, the kitchen awaits updates along with the bathroom and separate WC—these areas could be reimagined to align with modern tastes. Notably, there is potential to extend the kitchen area (subject to planning permissions) by revitalizing the adjoining garden space. The outdoor areas enhance the property’s appeal further. A gated driveway offers convenient access to both front and side entrances leading into a substantial rear garden, which serves as a blank canvas for potential landscaping or expansion projects. Currently occupied by various sheds and outbuildings, this space could be developed into an impressive outdoor area tailored to your preferences. Essential services include mains drainage, water, and electricity, complemented by electric storage heaters for heating needs. This freehold property falls under Council Tax Band B and carries an EPC rating of G. Investors or those seeking a personal project will appreciate not just the location but also the significant potential this bungalow holds for transformation into a modern home or rental opportunity. Viewings can be arranged upon request to explore this property's possibilities further.

Investment Analysis

(PE34 area)

Below Market Value

This property is priced -9.3% below area average per sq ft

-9.3%
Potential saving
This Property
£225/sq ft
Area Average
£248/sq ft

Renovation Potential

Est. Renovation Cost
£18,500 - £46,250
10-25% of property value
Target Value
£224,422
10% above area average per sq ft
Potential ROI
-3.0%
After renovation
Monthly Sales
8
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (PE34)

Area prices are rising by +8.5% over the last 12 months
3 year growth: -2.6%
5 year growth: 23.0%
Investment Disclaimer: Analysis based on PE34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Sutton Road, Terrington St Clement, King's Lynn,
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