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St Andrews Way, Necton

East of England

£400,000
Listed on 03/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2540 sqft

Description

This three-bedroom bungalow presents a unique opportunity for those interested in investment and renovation potential, situated in the charming village of Necton. Ideally located for accessibility to key commuter routes leading to Dereham, Swaffham, Norwich, and King's Lynn, it offers a mix of peaceful village life and convenient connections. While the property has undergone significant extensions and upgrades by the current owners—resulting in an airy living space with a remarkable rear extension—the possibility remains for further enhancements or alterations to suit personal needs. The extensive lounge area, illuminated by large windows that provide scenic views of the Norfolk countryside, creates an inviting atmosphere for relaxation or entertaining. With three spacious double bedrooms and a modern shower room designed with practicality in mind, this home is well-equipped for family living but still offers areas that could benefit from additional updates. The exterior features a manageable back garden primarily laid to lawn, complemented by a low fence that enhances the rural outlook. The expansive front garden holds potential for expansion or development (subject to planning permission), whether adding a cart shed or extending the driveway. The property also includes ample parking on a shingled driveway alongside a single garage. Necton offers a supportive community environment with local amenities such as schools, medical facilities, sports options, and shops. Moreover, outdoor enthusiasts will appreciate the proximity to Thetford Forest for various recreational activities. This bungalow is not only comfortable as-is but also brims with possibilities for future improvements.

Investment Analysis

(PE37 area)

Below Market Value

This property is priced -42.5% below area average per sq ft

-42.5%
Potential saving
This Property
£157/sq ft
Area Average
£274/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£764,858
10% above area average per sq ft
Potential ROI
+73.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
98%
Properties sold annually

Local Market Trend (PE37)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -8.5%
5 year growth: +16.3%
Investment Disclaimer: Analysis based on PE37 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

St Andrews Way, Necton
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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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