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The Green, Gressenhall

East of England

£190,000
Listed on 04/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
746 sqft

Description

This quaint two-bedroom semi-detached cottage presents an excellent opportunity for renovation in the attractive village of Gressenhall. With a solid foundation and characterful features, the home is ideally suited for those looking to personalize their living space. The property comes with no onward chain, allowing for swift progression towards your vision. There’s substantial potential to extend the cottage, contingent upon securing the appropriate planning permissions, making this a strategic investment for future growth. Gressenhall's peaceful surroundings coupled with convenient access to local amenities and major roads enhance its appeal as both a home and an investment. The interior currently offers spacious accommodation but would benefit from modern updates throughout, providing a perfect canvas for creative design ideas and improvements. The enclosed rear garden adds further value with its potential for landscaping or extending outdoor living areas.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£255/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£236,702
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on NR20 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

The Green, Gressenhall
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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
£696
Based on a loan of £142,500 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