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Harts Lane, Bawburgh

East of England

£260,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
844 sqft

Description

This property presents a unique opportunity to transform a spacious home into your dream residence while benefiting from the serene rural setting of Norfolk. With captivating field views, this house offers potential not just for comfortable living, but also for investment through thoughtful renovations. The sitting room, characterized by its open layout connected to a dining area, provides flexibility that can be enhanced with modern touches or updated decor. The ample kitchen space is well-suited for a redesign that maximizes both functionality and style, appealing to both families and prospective buyers alike. Upstairs, the three generously sized bedrooms can be easily reconfigured to suit personal layouts or even create a home office environment. The enclosed rear garden features a combination of patio and lawn areas that are ready for landscaping improvements or outdoor enhancements, providing an ideal space for children and pets while enjoying the countryside backdrop. Furthermore, there is potential for future development as the adjacent land is owned by current vendors, although no planning permission has yet been granted. This aspect may open avenues for further investment down the line. By leveraging this home's existing features and modestly upgrading its condition, investors can unlock significant value in this tranquil yet convenient location near Norwich’s amenities.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£308/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£292,632
10% above area average per sq ft
Potential ROI
-4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR9)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.4%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on NR9 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

Harts Lane, Bawburgh
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£952
Based on a loan of £195,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE