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St. Davids Road, Hethersett, Norwich

East of England

£375,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
947 sqft

Description

Nestled in a quiet cul-de-sac in the village of Hethersett, this three-bedroom detached bungalow offers substantial renovation and investment potential. Set on a generous plot of nearly 0.2 acres, the property presents a unique opportunity for buyers looking to create their ideal living space through refurbishment or potential extension (subject to planning approval). Spanning close to 1,000 square feet, the bungalow features an inviting L-shaped reception room that is flooded with natural light, making it perfect for multiple seating arrangements or distinct living areas. The layout includes a separate kitchen/breakfast room, providing ample space for culinary activities and informal dining. Three spacious bedrooms cater to various needs, with two equipped with built-in wardrobes and one boasting direct access to the garden. A family bathroom completes the interior space. The exterior is just as appealing, featuring both front and rear gardens that offer possibilities for gardening enthusiasts or outdoor family activities. The expansive driveway leads to a single garage at the end, enhancing convenience and storage options. Approached via St. Davids Road, the property's large frontage adds to its charm. Inside, the kitchen includes practical wall and base units along with space for essential appliances and a breakfast table. A well-lit hallway features built-in storage and loft access. The rear garden is particularly noteworthy, showcasing a paved patio area alongside a lean-to attached to the garage—ideal for leisure or social gatherings. The main garden area is laid to lawn and surrounded by mature trees and shrubs that ensure privacy. This property not only offers immediate comfort but also promises considerable opportunities for enhancement in a highly sought-after location.

Investment Analysis

(NR9 area)

Above Market Value

This property is priced +25.6% above area average per sq ft

+25.6%
This Property
£396/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£328,344
10% above area average per sq ft
Potential ROI
-20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR9)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.4%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on NR9 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. Davids Road, Hethersett, 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
£1,374
Based on a loan of £281,250 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