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Chain Free in East Winch

East Midlands

£325,000
Listed on 14/05/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1061 sqft

Description

This spacious three-bedroom detached bungalow offers a unique opportunity for renovation and investment, perfect for those eager to create a home that reflects their personal taste. Nestled on a generous plot in the charming village of East Winch, this property boasts a private driveway, a detached garage, and an enclosed rear garden, all of which provide ample space for potential landscaping or outdoor living enhancements. With over 1,060 sq. ft. of well-configured living space, the interior features three bedrooms, a family bathroom, and a sizable 20-foot living room that invites natural light. The adjoining conservatory adds a lovely touch for enjoying views of the garden throughout the year. The kitchen provides serene vistas over the rear garden and adjacent fields; its traditional cabinetry, range-style cooker, and tiled flooring offer the framework for an imaginative update. The internal layout flows smoothly from a central hallway, allowing for versatile arrangements that can be tailored to modern living needs. Outside, the tranquil rear garden is ready to be transformed into an ideal entertaining or relaxation space, while the spacious detached garage (407 sq. ft.) provides additional storage or workshop potential. Situated within a quiet residential area, East Winch is well-connected to King’s Lynn and nearby villages via excellent road links. Local amenities are conveniently accessible, along with picturesque countryside walks that enhance the village lifestyle. This property is available chain-free, presenting a rare chance to acquire a home with significant renovation potential in an attractive location. East Winch itself is positioned along the A47 Norwich to King’s Lynn road and offers community charm with its village pub and church. Nearby King’s Lynn presents rich historical significance as an erstwhile major port town with vibrant cultural offerings such as shops in the Vancouver Centre, entertainment venues like The Majestic Cinema and Alive Corn Exchange, and artistic spaces like St George’s Guildhall. With close proximity to Cambridge, Peterborough, and Norwich—each under an hour's drive away—and direct rail access to London King’s Cross in approximately 1 hour and 40 minutes, this location is appealing not only for families but also for professionals seeking convenient commuting options. Connected services include mains water and electricity along with oil-fired central heating. The property holds a council tax band of C and has an energy efficiency rating of D. It operates under freehold tenure, enhancing its attractiveness as both a residence or investment opportunity.

Investment Analysis

(PE32 area)

Above Market Value

This property is priced +6.4% above area average per sq ft

+6.4%
This Property
£306/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£286
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£32,500 - £81,250
10-25% of property value
Target Value
£336,125
10% above area average per sq ft
Potential ROI
-17.3%
After renovation
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE32)

Area prices are falling by +10.1% over the last 12 months
3 year growth: -4.4%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on PE32 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

Chain Free in East Winch
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