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Orchard Close, Roughton, NR11

East of England

£385,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1251 sqft

Description

This three-bedroom detached home in Roughton presents a unique opportunity for renovation and investment. Set on a generous corner plot with scenic countryside views, the property boasts spacious living areas and the potential for further development. Previously, planning permission was granted to build an additional semi-detached house adjacent to the main dwelling, although this has since lapsed. Inside, the property features three well-proportioned bedrooms, a comfortable lounge with a wood-burning stove, and a versatile garden room that opens onto the rear garden. The kitchen is equipped with modern fittings and ample storage options. Additionally, the converted garage has been utilized as a hairdressing salon but could easily serve as an office or workshop given its own access and facilities. With plenty of off-road parking available and significant outdoor space to work with, this property is ideal for those looking to create their dream family home or capitalize on its development potential (subject to permissions).

Investment Analysis

(NR11 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£308/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£439,458
10% above area average per sq ft
Potential ROI
+1.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -4.8%
5 year growth: 13.7%
Investment Disclaimer: Analysis based on NR11 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

Orchard Close, Roughton, NR11
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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
£1,410
Based on a loan of £288,750 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