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Grove Road, Hethersett, Norwich, Norfolk, NR9 - Image 1
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Grove Road, Hethersett, Norwich, Norfolk, NR9

East of England

£400,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1314 sqft

Description

This detached three-bedroom bungalow presents a unique opportunity for renovation in a desirable village setting. Nestled on an expansive plot of approximately 0.22 acres (subject to measured survey), the property offers significant space both inside and out, ideal for those looking to invest in their dream home. Constructed around 1960 and owned by the same family since its inception, this charming residence is ready for a new chapter. The large garden provides ample room for potential extensions to the side and rear, subject to planning approval. The property features a spacious ‘U’ shaped driveway with two access points, ensuring convenience as well as an impressive double-length garage measuring 36 feet, complemented by an additional brick-built store. Internally, the layout includes a kitchen/diner that benefits from natural light through double glazed bay windows and offers various wall and base units along with essential appliances spaces. A welcoming lounge area features another double-glazed window plus a gas fire with back boiler, creating a cozy atmosphere. The three well-sized bedrooms are situated towards the rear of the home, ensuring privacy and tranquility, while the wet room is functional yet invites modern upgrades to enhance appeal. The front garden boasts a manicured lawn with shrub borders and walled frontage, creating an attractive entrance. The rear garden is mainly laid to lawn and includes pathways as well as space for gardening or outdoor activities. This property’s potential is further highlighted by its location within Hethersett—a sought-after village known for its community feel and convenient access to local amenities. This residence is offered with no onward chain, making it an attractive option for buyers seeking a project that can be transformed into a personalized living space while benefiting from an excellent investment opportunity in a growing area.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£304/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£455,590
10% above area average per sq ft
Potential ROI
+1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR9)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.4%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on NR9 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

Grove Road, Hethersett, Norwich, Norfolk, NR9
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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
£1,465
Based on a loan of £300,000 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.

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