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School Lane, Little Melton

East of England

£325,000
Listed on 28/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
876 sqft

Description

This spacious bungalow presents an excellent opportunity for renovation and investment. Enter through the central hallway, which connects to a generous lounge, where large windows invite natural light and a charming fireplace awaits cozy gatherings. The kitchen, overlooking the garden, is primed for a contemporary redesign, while a separate dining room offers versatility—consider converting it into a home office or additional living space. With three bedrooms, this property can accommodate families or guests comfortably, and the bathroom offers potential for modernization into a sleek suite. Throughout, the layout is practical and surprisingly spacious, providing ample scope for updates. The absence of an onward chain makes this an ideal project for buyers with vision to realize its full potential. The exterior boasts an expansive plot of approximately 0.17 acres (STMS), featuring a well-maintained front lawn with mature landscaping and ample off-road parking courtesy of the driveway leading to a single garage equipped with power and light. The rear garden provides substantial space bordered by mature foliage—perfectly suited for landscaping or even creating a productive kitchen garden. Alternatively, explore extension possibilities (subject to planning permission) that could enhance this property further. Located in Little Melton, just north of Hethersett and west of Norwich, the area is known for its charming character and community spirit. It benefits from proximity to local amenities, schools, and major employers such as Norfolk and Norwich University Hospital and UEA. Ideal for families or professionals seeking both rural tranquility and accessibility to urban conveniences.

Investment Analysis

(NR9 area)

Above Market Value

This property is priced +17.7% above area average per sq ft

+17.7%
This Property
£371/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£303,727
10% above area average per sq ft
Potential ROI
-17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR9)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.4%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on NR9 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

School Lane, Little Melton
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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