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Norwich Road, Colton, Norwich - Image 1
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Norwich Road, Colton, Norwich

East of England

£450,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1771 sqft

Description

Situated in the tranquil village of Colton, this expansive detached bungalow offers significant renovation potential for those looking to personalize their living space. Comprising four bedrooms and an additional flexible room ideal for a study or guest accommodation, the property features a spacious 23' lounge as well as a light-filled conservatory that opens onto a private rear garden, perfect for outdoor gatherings. Although the interiors would greatly benefit from modern updates and aesthetic enhancements, this presents an excellent opportunity to create a tailored family home in close proximity to local amenities and Norwich City centre. The layout includes a well-appointed kitchen with adjoining dining area, utility room for added convenience, and a wet room. Outside, ample parking is provided by a shingle in-and-out driveway leading to a double garage. The surrounding gardens are laid out with lawns and patios, offering the chance to benefit from outdoor spaces once revitalized. This property is ideally suited for buyers who appreciate both space and flexibility while enjoying the charm of rural life.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£254/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£613,652
10% above area average per sq ft
Potential ROI
+25.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (NR9)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -4.6%
5 year growth: +6.0%
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

Norwich Road, Colton, Norwich
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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
£1,623
Based on a loan of £337,500 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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