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Stobart Close, Beccles, NR34 9LT - Image 1
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Stobart Close, Beccles, NR34 9LT

East of England

£230,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
775 sqft

Description

This three-bedroom semi-detached home is poised for transformation, making it an excellent choice for those looking to invest or personalize their living space. Located on a generous corner plot in a tranquil cul-de-sac, the property features a large wrap-around garden that not only offers privacy but also presents opportunities for outdoor gatherings or potential extensions, subject to planning permission. Inside, the layout includes a spacious kitchen/diner and a separate living room, complemented by a bright conservatory that overlooks the garden—a welcoming space to enjoy natural light throughout the year. The upper floor accommodates three well-sized bedrooms, all serviced by a family bathroom. Additional highlights include off-road parking and a garage for convenience, along with the advantage of a relatively new combination boiler that ensures reliable heating and hot water. While some areas may call for modernization, this home invites you to envision its full potential in a sought-after Beccles neighborhood. Whether you’re looking to renovate for personal enjoyment or as part of an investment strategy, this property offers ample scope to make your mark.

Investment Analysis

(NR34 area)

Above Market Value

This property is priced +1.9% above area average per sq ft

+1.9%
This Property
£297/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£213
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£248,333
10% above area average per sq ft
Potential ROI
-8.0%
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
10%
Properties sold annually

Local Market Trend (NR34)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -8.0%
5 year growth: 4.7%
Investment Disclaimer: Analysis based on NR34 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

Stobart Close, Beccles, NR34 9LT
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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
£843
Based on a loan of £172,500 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