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Hargham Road, Old Buckenham

East of England

£525,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2113 sqft

Description

This expansive four-bedroom bungalow is situated on a generous 0.31-acre plot, providing an excellent foundation for those looking to invest or personalize their living space. The property features three sizable reception rooms, including a unique billiard room that could easily be repurposed for various uses, making it adaptable to your lifestyle needs. The kitchen boasts an open-plan layout that flows into the dining area, equipped with ample counter space and storage options—ideal for cooking enthusiasts. Each of the four bedrooms is well-proportioned, with the master featuring an en-suite bathroom. The family bathroom includes both a corner bath and a separate shower cubicle, allowing for functionality alongside comfort. Additional utility space can be found next to the kitchen, along with covered access to a partially converted garage that houses the boiler. Parking will not be a concern here; there's plenty of room for multiple vehicles at the front of the property, as well as gated side access on either side. The rear garden presents significant potential for green-thumbed buyers with its established features including raised ponds and timber outbuildings perfect for gardening equipment. Numerous greenhouses and fruit cages further enhance this outdoor space, all set against picturesque views of the surrounding countryside. Located in Old Buckenham—a charming village in Norfolk—this property benefits from a tranquil atmosphere while still being reasonably close to urban amenities. Old Buckenham is celebrated for its historical character and one of Britain's largest village greens that serves as a focal point for community activities. With five local schools and excellent transport links to Norwich and Ipswich via the nearby A11 trunk road, residents enjoy a blend of rural lifestyle with convenient access to city services. This property's size and layout provide ample opportunity for renovation or customization, making it not only a place to live but also an investment in your future. Whether you’re seeking a family home or looking to capitalize on its potential, this bungalow is poised to meet your aspirations.

Investment Analysis

(NR17 area)

Below Market Value

This property is priced -16.7% below area average per sq ft

-16.7%
Potential saving
This Property
£248/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£692,874
10% above area average per sq ft
Potential ROI
+14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR17)

Area prices are falling by +5.1% over the last 12 months
3 year growth: -1.6%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on NR17 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

Hargham Road, Old Buckenham
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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
£1,923
Based on a loan of £393,750 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