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Spencer Close, West Walton, PE14

East of England

£200,000
Listed on 17/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
697 sqft

Description

Nestled in the charming village of West Walton, Norfolk, this link-detached bungalow presents a unique opportunity for renovation and investment. Positioned on a generous corner plot, the property offers ample space both indoors and outdoors, with significant potential for expansion subject to necessary planning permissions. The interior is designed for ease of single-level living, featuring a light-filled lounge that serves as the central gathering space. The kitchen is conveniently connected to a separate dining area, making it functional for daily life or hosting guests. Two well-proportioned double bedrooms and a family bathroom complete the layout, providing a comfortable living environment that can easily adapt to various needs. Outside, the expansive wraparound garden enhances the property's appeal, offering a blend of greenery and room for creativity. Whether your aspirations include landscaping projects or further development possibilities, this outdoor space provides an excellent canvas. Additionally, the property includes a garage and off-road parking for added convenience. West Walton is celebrated for its vibrant community atmosphere and strategic location between Wisbech and King’s Lynn. The village is characterized by notable landmarks such as St Mary’s Church with its distinctive bell tower and the Grade II listed Ingleborough Tower Windmill. Residents benefit from local amenities including a primary school, village hall, and recreational facilities—all contributing to the area's welcoming spirit. Excellent transport links further enhance accessibility to larger towns and coastal attractions. This property stands out not only as a comfortable residence but also as an enticing investment opportunity. Whether you're drawn to village life or looking to capitalize on its renovation potential, this bungalow merits serious consideration. Schedule your viewing today to discover the possibilities that await!

Investment Analysis

(PE14 area)

Above Market Value

This property is priced +19.7% above area average per sq ft

+19.7%
This Property
£287/sq ft
Area Average
£240/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£183,740
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE14)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -2.1%
5 year growth: 19.2%
Investment Disclaimer: Analysis based on PE14 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

Spencer Close, West Walton, PE14
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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
£733
Based on a loan of £150,000 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