Worst House on the Street Logo
Tungate Way, Horstead, Norwich - Image 1
Tungate Way, Horstead, Norwich - Image 2
Tungate Way, Horstead, Norwich - Image 3
Tungate Way, Horstead, Norwich - Image 4
Tungate Way, Horstead, Norwich - Image 5
Tungate Way, Horstead, Norwich - Image 6
Tungate Way, Horstead, Norwich - Image 7
Tungate Way, Horstead, Norwich - Image 8
Tungate Way, Horstead, Norwich - Image 9
Tungate Way, Horstead, Norwich - Image 10
Tungate Way, Horstead, Norwich - Image 11

Tungate Way, Horstead, Norwich

East of England

£350,000
Listed on 21/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1051 sqft

Description

Presenting a three-bedroom detached bungalow located in a serene cul-de-sac in Horstead, this property boasts significant recent upgrades and potential for further enhancement. Within walking distance to local attractions such as Horstead Mill and several riverside pubs, the home is well-placed for both leisure and convenience. Offering a contemporary open-plan layout, the interior features high-quality finishes throughout following a comprehensive renovation completed in 2024, which included a full rewire and new heating system. The well-appointed kitchen is equipped with modern appliances and flows seamlessly into the living space, making it perfect for social gatherings or quiet evenings at home. The spacious garden provides an ideal outdoor sanctuary, complete with mature planting that ensures privacy. Importantly, the attached garage presents conversion potential (subject to planning permission), opening up possibilities for additional living space or rental income. With three versatile bedrooms, including one large enough to potentially split into two rooms, the property is adaptable to various needs. This bungalow not only has contemporary comforts but also offers an appealing investment opportunity thanks to its location in a vibrant village atmosphere with easy access to Norwich and the scenic Norfolk Broads.

Investment Analysis

(NR12 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£333/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£352,032
10% above area average per sq ft
Potential ROI
-9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +3.6% over the last 12 months
3 year growth: -3.4%
5 year growth: +13.0%
Investment Disclaimer: Analysis based on NR12 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

Tungate Way, Horstead, Norwich
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates