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Colindeep Lane, Sprowston

East of England

£260,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached bungalow is situated on a spacious corner plot, presenting significant potential for renovation and extension, pending the usual planning permissions. The layout includes an entrance porch that leads into a welcoming hallway, which connects to a comfortable lounge and a dining area that opens into the kitchen. An adjoining conservatory offers views of the garden, enhancing the light-filled living space. The property features three well-sized bedrooms and a shower room, creating a versatile environment for both families and individuals. While the home is in need of updating and modernization, this provides an exciting opportunity for buyers to bring their own vision to life. Additional benefits include double glazing and gas central heating, which contribute to the overall comfort of the residence. The exterior boasts a low-maintenance gravel front garden along with a driveway that leads to a single garage. The established rear and side gardens include a greenhouse, making it an appealing option for gardening enthusiasts looking to cultivate their own green space. Located in the sought-after suburb of Sprowston on Colindeep Lane, this property enjoys proximity to reputable schools catering to various age groups, as well as easy access to medical facilities. The Northern Distributor Road (NDR) provides straightforward connections around Norwich and beyond, while reliable public transport options facilitate quick access to Norwich city center. Daily conveniences abound with nearby supermarkets such as Tesco at Blue Boar Lane and various local shops. The Sprowston area also offers abundant recreational opportunities with numerous parks and sports facilities ideal for active lifestyles. This combination of suburban calmness alongside excellent connectivity and essential amenities enhances the appeal of this property for prospective buyers interested in making it their own or investing in its future potential.

Investment Analysis

(NR7 area)
Area Average
£314/sq ft
Avg Rent (weekly)
£233
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +6.6% over the last 12 months
3 year growth: -1.0%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on NR7 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

Colindeep Lane, Sprowston
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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
£952
Based on a loan of £195,000 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