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Greenborough Close, Sprowston

East of England

£325,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow is situated in a tranquil cul-de-sac within the sought-after suburb of Sprowston, presenting a valuable opportunity for renovation and potential enhancement. Set on a generous plot, the property features three spacious bedrooms, a large living room, and a kitchen/diner that can easily accommodate modern updates. A charming conservatory opens up to the mature rear garden, providing an inviting space for relaxation or outdoor entertaining. The residence includes essential amenities such as gas central heating and double glazing throughout, ensuring comfort year-round. The large driveway offers ample off-road parking leading to a single garage, while well-maintained front and rear gardens enhance the overall appeal of the property. Noteworthy is the potential for extensions or improvements (subject to planning) that could significantly increase its value. Located in a desirable area northeast of Norwich, the suburb boasts a variety of local amenities including schools catering to all age groups, healthcare facilities, as well as convenient shopping options. Excellent public transport connections to Norwich city center are available, notably through the Sprowston Park & Ride service. Additionally, residents enjoy easy access to the Norwich Ring Road and Norfolk Broads. In summary, this bungalow provides not only immediate comfort but also significant investment potential in a vibrant community setting. With no onward chain, it’s an excellent chance to personalize this home and truly make it yours while benefiting from its strategic location.

Investment Analysis

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

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Greenborough Close, 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
£1,191
Based on a loan of £243,750 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