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Rectory Road, Horstead, NR12

East of England

£368,000

Listed on 19/11/2025

Property Details

Bedrooms
3
Type
Detached
Area
1268 sqft

Description

This detached home, located in the charming village of Horstead, offers an excellent investment opportunity for those looking to create their ideal living space. Just moments from the well-regarded Recruiting Sergeant pub, this three-bedroom property features a spacious layout with two versatile reception rooms and two conservatories that enhance the overall living area. The modern kitchen is functional yet could benefit from personal touches, and a ground floor cloakroom adds practicality. Upstairs are three comfortable bedrooms along with a family bathroom, providing ample accommodation for families or guests. The exterior boasts generous front space with sufficient parking options, a garage, and a secluded rear garden primarily laid to lawn, perfect for outdoor improvements or extensions (subject to planning consent). With no onward chain, this property presents an immediate chance for buyers eager to move in while exploring renovation possibilities in this desirable location close to Norwich city center, which offers extensive amenities and transport links.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -3.9% below area average per sq ft

-3.9%
Potential saving
This Property
£290/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£421,090
10% above area average per sq ft
Potential ROI
+2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +0.5%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on NR12 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

Rectory Road, Horstead, NR12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,390
Based on a loan of £276,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-3.2% since listed
£368,000£12,000(-3.2%)
05/03/2026
Current price
£380,000Initial listing
22/11/2025

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