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Honywood Way, Kirby Cross

East of England

£240,000
Listed on 07/06/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

Nestled within a quiet cul-de-sac of the desirable Friteuna development, this semi-detached house features two generously-sized double bedrooms and presents a compelling opportunity for both first-time buyers and investors. The property boasts a spacious south-west facing rear garden that floods the interior with natural light while providing ample outdoor space for relaxation and entertaining. Complementing the exterior is a versatile workshop or garage located at the side of the house, which offers potential for storage or conversion into additional living space. In addition, a roomy driveway allows for convenient off-road parking. Inside, the home is ripe for modernization, enabling new owners to personalize the living spaces to their taste and requirements. The layout includes a lounge/diner measuring 17'4" x 11'6", an 11'6" x 7'10" kitchen, and well-proportioned bedrooms measuring 11'6" x 9'4" and 11'6" x 10'6". This blank canvas allows for various options in renovation, making it an attractive proposition for those looking to invest in property improvements. With its favorable location and substantial outdoor area, along with considerable scope for renovation, this home holds great potential. It’s an opportunity not to be overlooked—set aside time to explore this property further.

Investment Analysis

(CO13 area)
Area Average
£335/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CO13)

Area prices are falling by +2.5% over the last 12 months
3 year growth: -0.7%
5 year growth: 12.4%
Investment Disclaimer: Analysis based on CO13 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

Honywood Way, Kirby Cross
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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
£879
Based on a loan of £180,000 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