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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 28/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1771 sqft

Description

This detached bungalow, located in the serene village of Colton in Norfolk, presents a promising opportunity for renovation and personalization. With four bedrooms and a substantial 23' lounge complemented by a conservatory, this property is designed for versatile living. The layout features an entrance hall with cloakroom, leading to an adaptable dining area that flows into the kitchen and a separate utility room enhancing practicality. While the interiors are in need of modern upgrades to realize their full potential, this home offers ample space to transform it into a contemporary haven. The generous rear garden is perfect for outdoor relaxation or entertaining, while the shingle in-and-out driveway provides substantial parking along with a double garage. Noteworthy elements include oil-fired central heating and double-glazing; however, some aspects like the existing wet room may require attention. Overall, this property could serve as an excellent long-term investment for those looking to create their ideal home within a peaceful village setting while being conveniently close to Norwich's amenities.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£254/sq ft
Area Average
£315/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£614,041
10% above area average per sq ft
Potential ROI
+25.3%
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

Norwich Road, Colton, Norwich
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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
£1,648
Based on a loan of £337,500 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