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School Road, Necton

East of England

£400,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
914 sqft

Description

This three-bedroom bungalow in the tranquil village setting of Necton presents a promising opportunity for renovation and investment. Entry through secure electric gates leads to a spacious driveway that can accommodate multiple vehicles, enhancing its practicality. The property's layout includes a bright conservatory that could serve as a versatile space for relaxation or work. The kitchen and dining area, while modern, may benefit from some updates to fully realize its potential. Each of the three bedrooms offers comfort with views of the gardens, but they could be reimagined to maximize their value. The living room features a charming fireplace and ample natural light, presenting an inviting atmosphere ripe for personalization. The exterior boasts a large garden with established landscaping and a peaceful pond, ideal for outdoor recreation or even further development. Additional outbuildings provide excellent storage or potential for conversion into workshops or guest accommodation. Given the substantial plot size, there's scope here for future enhancements such as extending the property or adapting the outbuildings. Overall, this bungalow provides a solid foundation for families seeking space and tranquility while offering ample scope for renovations that could significantly increase its appeal and value.

Investment Analysis

(PE37 area)

Above Market Value

This property is priced +57.9% above area average per sq ft

+57.9%
This Property
£438/sq ft
Area Average
£277/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£278,596
10% above area average per sq ft
Potential ROI
-37.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE37)

Area prices are falling by +5.0% over the last 12 months
3 year growth: -7.8%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on PE37 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

School Road, Necton
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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
£1,465
Based on a loan of £300,000 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