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Noel Close, Hopton

East of England

£220,000
Listed on 18/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
635 sqft

Description

This three-bedroom detached bungalow, situated in a peaceful cul-de-sac, presents a promising opportunity for renovation enthusiasts. With an enclosed rear garden that boasts lovely field views and a driveway leading to the garage, this property is well-placed close to local amenities. The interior features an entrance hallway that opens into a lounge/dining area, alongside a kitchen equipped with a variety of wall and base units, and space allocated for appliances. A conservatory adds potential for expansion or additional living space. The three bedrooms, accessible from the hallway, provide ample accommodation, while the existing bathroom comprises standard fittings including a bath, wash basin, and W.C. The home is in need of modernisation throughout, making it an ideal candidate for an investor seeking to add value through targeted upgrades.

Investment Analysis

(NR31 area)

Above Market Value

This property is priced +35.4% above area average per sq ft

+35.4%
This Property
£346/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£178,711
10% above area average per sq ft
Potential ROI
-29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR31)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -4.4%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on NR31 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

Noel Close, Hopton
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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
£806
Based on a loan of £165,000 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