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Highfield Close, Foulsham

East of England

£220,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
827 sqft

Description

This three-bedroom link-detached home presents a notable opportunity for buyers interested in a property with significant renovation potential in the tranquil setting of Foulsham, Mid Norfolk. Nestled at the end of a quiet cul-de-sac, the residence occupies an expansive corner plot that allows for a spacious garden and additional seclusion. Complemented by off-road parking and a garage equipped with power and lighting, this home offers both practicality and the promise of transformation. Inside, the layout begins with an entrance porch that leads to a bright lounge characterized by a large front-facing window that invites ample natural light. The room's brickwork ornamental fireplace adds a touch of character, serving as an inviting focal point. Beyond the lounge, a small lobby connects to the kitchen and dining area, which is fitted with essential base and wall units along with plumbing for laundry appliances. The potential for modern updates is clear here, as the area can easily accommodate family gatherings with access to the rear garden. The upper level comprises three bedrooms: the main bedroom features built-in storage while the second provides views of the garden. The third bedroom is versatile enough to function as a study or hobby space, catering to various needs. A family bathroom completes this floor and also presents opportunities for modernization. The external space is particularly generous due to its corner position, featuring a lawned area complemented by established beds and a brick-paved patio—ideal for outdoor relaxation or further landscaping projects. This larger-than-average garden not only enhances privacy but also offers ample room for expansion or outdoor entertaining. Foulsham itself boasts essential amenities such as a local shop with post office services, an inviting pub, and primary schooling options. Its picturesque rural surroundings are well-connected by road to nearby market towns like Reepham, Dereham, and Holt, while Norwich’s broader shopping and transport facilities are just within reach. Plus, those seeking coastal adventures will find the North Norfolk coastline conveniently accessible. In summary, this property is poised for its next owners to infuse it with personal style and updates suited to their vision. It stands out not only as a comfortable dwelling but also as an investment opportunity in a sought-after location rich in community spirit and natural beauty.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -6.9% below area average per sq ft

-6.9%
Potential saving
This Property
£266/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£22,000 - £55,000
10-25% of property value
Target Value
£260,038
10% above area average per sq ft
Potential ROI
-5.4%
After renovation
Monthly Sales
14
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -2.8%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on NR20 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

Highfield Close, Foulsham
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