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Wonderfully Positioned with Scope to Extend in Gressenhall

East of England

£300,000

Listed on 27/06/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
928 sqft

Description

This three-bedroom detached bungalow is situated in the picturesque village of Gressenhall, surrounded by mature gardens that offer both privacy and potential. Inside, the property features a welcoming hallway leading to a bright sitting room with large windows that showcase the garden views. A central fireplace adds character, making it an ideal spot for relaxation. The kitchen is functional and spacious, perfect for culinary enthusiasts, yet could benefit from modern updates. Each bedroom is well-sized, accommodating family living or home offices, while the bathroom presents opportunities for enhancement. The expansive gardens not only enhance outdoor enjoyment but also provide scope for future extensions or reconfiguration (subject to necessary permissions). With off-road parking via a detached garage and driveway, this property balances tranquil rural life with accessibility to nearby amenities and transport links. The village atmosphere encourages community engagement and offers scenic countryside walks, making it an appealing project for those looking to invest in a home with significant renovation potential.

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Investment analysis

(NR20 area)

Above Market Value

This property is priced +13.1% above area average per sq ft

+13.1%
This Property
£323/sq ft
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£291,796
10% above area average per sq ft
Potential ROI
-15.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +1.6%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on NR20 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

Wonderfully Positioned with Scope to Extend in Gressenhall
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-7.7% since listed
£300,000£25,000(-7.7%)
03/02/2026
Current price
£325,000Initial listing
02/10/2025

Next Steps

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