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Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 1
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 2
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 3
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 4
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 5
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 6
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 7
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 8
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 9
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 10
Ellingham Road, Scoulton, Norwich, Norfolk, NR9 - Image 11

Ellingham Road, Scoulton, Norwich, Norfolk, NR9

East of England

£285,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1026 sqft

Description

This detached three-bedroom bungalow presents a unique opportunity for renovation in the tranquil village of Scoulton, where you can enjoy the benefits of rural living with no immediate neighbors. Set on an expansive 0.62-acre plot (subject to measured survey), the property features off-street parking and a garage, making it a practical choice for those looking to invest in a peaceful lifestyle and capitalize on its potential. The Lilacs is generously sized, offering approximately 1,026 square feet of internal space that includes a spacious living room seamlessly connected to a conservatory, allowing for abundant natural light and views of the surrounding countryside. The kitchen/dining area provides functional space for family meals, while a utility lobby enhances convenience. Three well-proportioned double bedrooms are complemented by a bathroom and separate WC, creating a versatile layout suitable for various living arrangements. While the property requires modernization, this presents an exciting opportunity to personalize and create your ideal home. The gardens surrounding the bungalow are currently overgrown but hold great promise; they feature a mix of hedging, lawns, and mature trees with unobstructed views of open fields beyond. This space could be transformed into an inviting outdoor retreat or cultivated further for gardening enthusiasts. It is important to note that the property has an Agricultural Restriction in place, limiting occupancy to those engaged in agriculture or forestry occupations or their dependents. This aspect may appeal to buyers seeking properties within specific community frameworks. In summary, this bungalow combines expansive grounds with rural charm and solid investment potential. Its location offers both tranquility and proximity to local amenities, making it worthy of consideration for anyone looking to embark on a renovation project in this desirable area.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -11.9% below area average per sq ft

-11.9%
Potential saving
This Property
£278/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£355,735
10% above area average per sq ft
Potential ROI
+7.8%
After renovation
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
10%
Properties sold annually

Local Market Trend (NR9)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.4%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on NR9 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

Ellingham Road, Scoulton, Norwich, Norfolk, NR9
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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
£1,044
Based on a loan of £213,750 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