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St. Marys Close, Alpington, Norwich

East of England

£250,000
Listed on 03/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
665 sqft

Description

This two-bedroom detached bungalow is situated in a peaceful cul-de-sac within a picturesque rural village, presenting an excellent opportunity for renovation and investment. The property serves as a blank canvas, inviting your creative touch and vision to transform it into your ideal home. Upon arrival, you are greeted by a tandem driveway that provides ample parking space and leads to a detached garage—an asset for those interested in workspace potential or further development (subject to planning). The front garden offers a tranquil setting, while the side entrance opens up to the main living areas. Inside, you'll find a welcoming hall with wood-effect flooring that branches off into various spaces. The spacious sitting room at the rear features another wood burner as its centerpiece, providing both warmth and charm. Sliding patio doors lead you into a conservatory that enhances the living space with garden views and serves as an ideal spot for relaxation. The kitchen is functional with a U-shaped layout, providing options for modern updates while still accommodating essential appliances. Both bedrooms boast wood-effect flooring and uPVC double glazing, ensuring comfort and energy efficiency. The family bathroom rounds out the interior with practical features like built-in storage and tiled splash-backs. Outside, the enclosed rear garden is predominantly laid to lawn, complemented by both patio and decking areas—perfect for outdoor gatherings or serene weekends spent enjoying nature. There’s also gated access from the driveway leading conveniently to the garage. The garage itself includes power and lighting; it also has potential for conversion should your plans require additional living space (subject to planning). This property offers tremendous renovation potential in a desirable location known for its community spirit and natural beauty. With opportunities to extend and improve (subject to planning permission), this bungalow is not just a home; it's an investment in your future.

Investment Analysis

(NR14 area)

Above Market Value

This property is priced +20.2% above area average per sq ft

+20.2%
This Property
£376/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£228,703
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR14)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -8.7%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on NR14 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. Marys Close, Alpington, Norwich
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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
£916
Based on a loan of £187,500 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