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Tacolneston

East of England

£450,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1896 sqft

Description

This property, held within the same family for many years, is situated on a generous 0.67-acre plot in a welcoming village in South Norfolk. The home offers ample space for future renovation and development, making it an attractive option for those looking to invest or personalize their living environment. The layout features four bedrooms, providing flexibility for family living or potential conversion into additional rooms or office space. Its location combines the charm of rural life with convenient access to Norwich and key transport routes, enhancing its appeal for commuters and families alike. With a large private garden, there is significant potential to create outdoor spaces that suit your lifestyle—be it gardens, play areas, or extensions to the existing footprint. Whether you envision modern updates or prefer to preserve its character while making improvements, this property presents an excellent opportunity to establish roots in a beloved community.

Investment Analysis

(NR16 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£237/sq ft
Area Average
£303/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£631,833
10% above area average per sq ft
Potential ROI
+26.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR16)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -4.6%
5 year growth: 12.3%
Investment Disclaimer: Analysis based on NR16 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

Tacolneston
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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