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Woodcock Hill, Costessey

East of England

£325,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1299 sqft

Description

Nestled on a desirable corner lot within the sought-after Queens Hill development, this four-bedroom detached house presents an excellent opportunity for renovation and investment. The property, while comfortable, shows signs where modern touches could enhance its appeal and functionality. On the ground floor, you’ll find a welcoming entrance hallway that leads to a bright lounge, alongside a spacious kitchen and dining area ideal for gatherings. A modern shower room is conveniently located on this level. Moving upstairs reveals four generously-sized bedrooms, with the main bedroom benefiting from an en-suite bathroom. A family bathroom completes this floor. The south-facing rear garden is both private and well-positioned, perfect for outdoor relaxation or entertaining guests. Additionally, the detached garage has been converted into a versatile space that can serve as an extra lounge or bedroom; it comes fitted with power, lighting, and water supply—opening up possibilities for creative uses. The property offers ample off-road parking through its driveway and is well-located near local amenities and transport links. Residents will appreciate the proximity to schools, shopping facilities like Longwater retail park, and easy access to Norwich city centre. This home not only combines comfort with potential but also presents a chance for growth should you wish to put your personal stamp on it. Importantly, with the current owners having identified their next move, this ensures a swift process for buyers ready to capitalize on this opportunity.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -17.9% below area average per sq ft

-17.9%
Potential saving
This Property
£250/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£435,672
10% above area average per sq ft
Potential ROI
+19.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NR8)

Area prices are rising by +4.6% over the last 12 months
3 year growth: 1.2%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on NR8 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

Woodcock Hill, Costessey
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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
£1,191
Based on a loan of £243,750 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