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Woodcock Hill, Costessey

East of England

£300,000

Listed on 29/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1299 sqft

Description

Presenting a unique opportunity, this four-bedroom detached home is positioned on a corner plot within the sought-after Queens Hill development in Costessey. While the property offers ample living space and comfort as it stands, there is considerable potential for renovation to further enhance its appeal and value. The ground floor features a spacious entrance hall, a bright lounge area, and a functional kitchen/dining room that can be modernized to suit contemporary tastes. A modern shower room is also conveniently located on this level. Upstairs, four generously sized bedrooms await, with the main bedroom benefiting from an en-suite bathroom. The family bathroom is well-configured but could be upgraded for improved functionality. Outside, the south-facing garden provides a private retreat ideal for relaxation or entertaining; however, landscaping could be refreshed to maximize its enjoyment. The garage has been converted into an additional lounge/bedroom equipped with power and water supply, which opens doors for various uses or even as an income-generating space if rented out separately. The location boasts excellent connections via nearby transport links and amenities such as Longwater retail park and recreational areas like Bawburgh Golf Club. With promising investment potential through renovations that can add significant value, this property is primed for those looking to create their dream home or capitalize on market opportunities. The sellers' readiness to move ensures a straightforward purchase process.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£231/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£440,673
10% above area average per sq ft
Potential ROI
+29.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NR8)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -3.0%
5 year growth: +14.9%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-7.7% since listed
£300,000£15,000(-4.8%)
29/05/2026
Current price
£315,000£10,000(-3.1%)
13/01/2026
£325,000Initial listing
30/12/2025

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