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Watton Road, Great Ellingham

East of England

£375,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1843 sqft

Description

Nestled at the edge of a charming village and surrounded by picturesque countryside, this three-bedroom bungalow presents an inviting canvas for renovation enthusiasts. The spacious interiors offer a welcoming entrance porch leading to a bright, dual-aspect living room featuring a log burner, perfect for creating a cozy environment. The open-plan kitchen and dining area is designed for both functionality and social interaction, seamlessly connecting to a large conservatory that boasts views of the mature rear garden. Each of the three double bedrooms provides flexibility for various uses, whether as guest accommodations or hobby rooms. A well-equipped bathroom includes both a bath and separate shower, complemented by an additional WC for convenience. Outdoor space is plentiful with mature gardens at both the front and back, ideal for relaxation or potential landscaping projects. Additional features include two single garages, a carport, ample driveway parking, and solar panels that enhance energy efficiency. While the property offers a tranquil setting with no onward chain, it presents significant opportunities for modernisation to tailor it to personal tastes.

Investment Analysis

(NR17 area)

Below Market Value

This property is priced -31.7% below area average per sq ft

-31.7%
Potential saving
This Property
£203/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£604,338
10% above area average per sq ft
Potential ROI
+45.6%
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

Watton Road, Great Ellingham
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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