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Attleborough Road, NR18

East of England

£585,000
Listed on 03/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2200 sqft

Description

This expansive five-bedroom property presents an excellent opportunity for renovation and investment, set in a desirable location with ample potential for growth. The entrance hall welcomes you with double doors that lead into the dining room, establishing a seamless flow throughout the home. The open-plan dining area transitions smoothly to the kitchen, which is outfitted with modern wall and base units. A Quartz worktop complements a central breakfast bar equipped with a Neff induction hob, a retractable extractor fan, and various built-in appliances including a mid-height microwave and oven. The kitchen's design facilitates both cooking and socializing, making it conducive for family gatherings or entertaining guests. Adjacent to the kitchen is a cozy lounge featuring an attractive fireplace adorned with exposed bricks and housing a wood-burning stove. Double doors connect this space to a versatile playroom or study that also opens out onto the garden—a feature that enhances its practicality as either a recreational space or home office. The utility room is another functional aspect of this home, complete with modern fittings and plumbing for laundry appliances. It ensures that daily chores are managed efficiently while providing access to both the cloakroom and garden. The property includes five well-proportioned bedrooms. The master suite boasts patio doors leading directly to the garden and an ensuite bathroom featuring both a corner bath and shower—ideal for those seeking privacy. The remaining bedrooms provide flexibility for family use, guest accommodations, or even as dedicated workspace areas. Outside, the front yard is landscaped with lawn areas complemented by a gravel driveway that can accommodate several vehicles alongside a double garage equipped with electric roller doors. In contrast, the rear garden offers an expansive layout ideal for outdoor activities. It features well-established shrubs, mature plants, fruit cages, greenhouses, and even a summer house fitted with electricity and heating—perfect for creating your own home office or studio. Additional outdoor amenities include covered seating areas ideal for entertaining year-round and multiple sheds for storage needs. Notably, solar panels on the property generate an income via tariff payments—averaging between £2,800 to £3,000 annually—offering financial benefits until 2038. This property not only provides spacious living conditions but also comes with significant renovation potential in both interior spaces and outdoor areas. Its prime location enhances future resale value prospects while accommodating comfortable family living today. Council tax band B applies here. Flexible viewing options are available Monday through Saturday from 9 AM to 7 PM and Sunday from 11 AM to 5 PM to fit your schedule.

Investment Analysis

(NR18 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£266/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£771,496
10% above area average per sq ft
Potential ROI
+16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR18)

Area prices are falling by +3.4% over the last 12 months
3 year growth: -4.1%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on NR18 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

Attleborough Road, NR18
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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
£2,143
Based on a loan of £438,750 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