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Heywood Road, Shelfanger

East of England

£380,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1445 sqft

Description

This three-bedroom bungalow in the tranquil village of Shelfanger presents an appealing opportunity for buyers looking to invest in a property with potential. The home is set back on a generous plot, featuring a gravel driveway and attractive climbing foliage that enhances its exterior charm. Inside, the spacious layout includes a naturally lit living room with patio doors and a characterful feature fireplace, providing a cozy ambiance for family gatherings. While the bathroom has been recently updated with modern finishes including a freestanding bath, there remains significant potential for further enhancements throughout the kitchen and utility areas, allowing for personalized renovations that can increase value. The adjoining dining room can easily be adapted into additional living space or repurposed as needed. Outside, the south-facing garden is abundant with fruit trees and stables, offering a delightful retreat and scope for landscaping improvements or outdoor leisure activities. Located conveniently near Diss, which boasts excellent amenities and transport links to London, this property combines the allure of countryside living with significant renovation potential. With slight updates and creative touches, this home can evolve to meet your unique lifestyle requirements while benefiting from its picturesque location.

Investment Analysis

(IP22 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£263/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£476,929
10% above area average per sq ft
Potential ROI
+13.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP22)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -4.2%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on IP22 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

Heywood Road, Shelfanger
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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
£1,392
Based on a loan of £285,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE