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Marsh Road, Hoveton

East of England

£400,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1727 sqft

Description

Positioned on a substantial corner plot in the picturesque village of Hoveton, this detached bungalow represents a valuable opportunity for renovation or redevelopment (subject to planning permission). The property features a spacious layout that includes an entrance hall, a comfortable sitting room with a decorative fireplace, and a functional kitchen equipped with a breakfast bar. A large conservatory acts as an inviting space that connects indoor living to the outdoor garden. With three double bedrooms, each featuring its own en-suite, along with a versatile study, this home is designed to meet diverse lifestyle needs. The well-maintained garden offers privacy and features both lawn and patio areas – ideal for outdoor relaxation or gardening. Additional conveniences include a large driveway and a detached tandem garage, enhancing storage options. While the bungalow already benefits from an updated boiler, there remains significant potential for modernisation and enhancement throughout, making it an appealing prospect for those looking to invest in their dream home in this tranquil village setting.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£232/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£578,459
10% above area average per sq ft
Potential ROI
+25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +3.6% over the last 12 months
3 year growth: -3.4%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on NR12 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

Marsh Road, Hoveton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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