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Linacre Avenue, Sprowston

East of England

£260,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
964 sqft

Description

This detached chalet bungalow stands out in a desirable area, offering a unique opportunity for renovation and investment. Originally designed as a three-bedroom property, it has been intelligently reconfigured to provide an expansive ground-floor living space while retaining two comfortable double bedrooms upstairs. The spacious L-shaped lounge/diner is perfect for various layouts, allowing for both relaxation and entertainment with ease. The recently updated kitchen connects seamlessly to a conservatory that serves as an inviting year-round space, ripe for enhancement. The ground-floor bathroom is fully tiled and equipped with essential amenities. Outside, the property boasts ample off-road parking with potential for further expansion, while the low-maintenance rear garden offers privacy and includes access to a garage. This home presents an excellent canvas for those looking to personalize their living environment or maximize rental potential, all in a location that balances local conveniences with access to nature and public transport links.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -13.4% below area average per sq ft

-13.4%
Potential saving
This Property
£270/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£330,209
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
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
51%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +6.5% over the last 12 months
3 year growth: -2.1%
5 year growth: +16.5%
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

Linacre Avenue, Sprowston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£938
Based on a loan of £195,000 over 30 years at 4.06% 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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