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Lovat Close, Harleston

East of England

£300,000
Listed on 25/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1034 sqft

Description

This detached bungalow, cherished by the same family since its inception, offers a unique opportunity for renovation on a desirable corner plot. The property features flexible living spaces that are ripe for modernization and customization to meet contemporary standards. A welcoming entrance porch leads into a central hallway that connects to a spacious double aspect sitting room, a kitchen/breakfast area with access to a conservatory, and four bedrooms arranged around a useful study area. The current layout includes a shower room and separate w.c., making it functional but in need of an update. Set within well-established gardens and featuring an attached garage, this property comes with ample off-road parking. The surrounding gardens present an excellent opportunity for landscaping and enhanced privacy through the installation of taller fencing. Located in Harleston, noted for its community spirit and array of local amenities including shops, schools, and cafés, this bungalow not only promises potential as a family home but also represents an investment opportunity in a thriving market town. Harleston's strategic position near Diss and Norwich adds further appeal for commuters and families alike.

Investment Analysis

(IP20 area)

Below Market Value

This property is priced -3.0% below area average per sq ft

-3.0%
Potential saving
This Property
£290/sq ft
Area Average
£299/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£340,196
10% above area average per sq ft
Potential ROI
-5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (IP20)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -2.9%
5 year growth: 17.0%
Investment Disclaimer: Analysis based on IP20 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

Lovat Close, Harleston
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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
£1,099
Based on a loan of £225,000 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