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Lovat Close, Harleston IP20

East of England

£300,000
Listed on 22/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1034 sqft

Description

This spacious detached bungalow, owned by the same family since its construction, presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled on a corner plot in the desirable market town of Harleston, the home is conveniently positioned near local amenities and community features. The layout includes an entrance porch that leads into a central hall, connecting to a double aspect sitting room and a kitchen/breakfast area with access to a conservatory. With four bedrooms, two of which are situated at the far end of the home and accessed via a useful study, this property offers versatility to accommodate various living arrangements. Despite its well-established presence, the bungalow requires updating and personalisation to reflect modern tastes. The surrounding garden is currently low-fenced but provides an excellent canvas for landscaping ideas, while the rear offers ample space for creative development. An attached garage and additional driveway parking further enhance its appeal for potential buyers. Harleston boasts a vibrant community atmosphere with historical charm and an assortment of independent shops, cafes, and essential services. With easy access to larger towns like Diss and Norwich, this property not only promises comfortable living but also the prospect of adding value through thoughtful renovations.

Investment Analysis

(IP20 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£290/sq ft
Area Average
£298/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£339,343
10% above area average per sq ft
Potential ROI
-3.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (IP20)

Area prices are falling by +5.3% over the last 12 months
3 year growth: -4.4%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on IP20 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.

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Location

Lovat Close, Harleston IP20
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