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Orchard Close, Blundeston

East of England

£220,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1098 sqft

Description

This semi-detached bungalow in the tranquil village of Blundeston presents a promising opportunity for renovation and investment. With a layout designed for single-level living, the property features two double bedrooms and a flexible reception area, perfect for accommodating various lifestyles. The inviting L-shaped sitting and dining room offers ample natural light, creating a welcoming space that could be enhanced with your personal touches. The kitchen, equipped with essential cabinetry and appliance spaces, stands ready to be updated according to your vision. A practical wet room provides accessibility and convenience, adding to the overall functionality of the home. Outside, the low-maintenance garden features an elevated deck area ideal for relaxation or entertaining, including a hot tub for year-round enjoyment. Set on Orchard Close, this residence benefits from a peaceful cul-de-sac location while still being well-connected to local amenities. The village shop and post office cater to daily needs, while larger retail options are available just a short drive away in Lowestoft and Great Yarmouth. Blundeston is served by primary education facilities within walking distance and offers school transport options for secondary education. Healthcare access is considerable, with nearby GP practices and major medical centers within easy reach; James Paget University Hospital is about ten minutes away by car. Regular bus services connect residents to larger towns like Lowestoft and Great Yarmouth, as well as Norwich via Somerleyton railway station. With its combination of quiet residential charm and practical proximity to essential services, this bungalow offers not only comfortable living but also substantial potential for those looking to invest in or renovate their future home. The addition of off-road parking through the driveway and garage further enhances its appeal as a valuable project offering both comfort and versatility.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -17.4% below area average per sq ft

-17.4%
Potential saving
This Property
£200/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£293,012
10% above area average per sq ft
Potential ROI
+17.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on NR32 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

Orchard Close, Blundeston
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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
£806
Based on a loan of £165,000 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