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Noel Close, Hopton

East of England

£240,000
Listed on 04/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1053 sqft

Description

Situated in a tranquil cul-de-sac, this three-bedroom detached bungalow offers a single-level layout that presents a versatile canvas for renovation and personalization. The bright living and dining area is complemented by large windows that fill the space with natural light, creating an inviting atmosphere. The kitchen is equipped with ample storage options and has potential for modern upgrades, flowing seamlessly into a conservatory that provides views of the private west-facing garden—a perfect spot to enjoy the outdoors. This property features three well-sized bedrooms accessed from a central hallway, along with a bathroom that includes essential amenities. While the interior could benefit from modernization, it holds significant investment potential for those looking to create a home tailored to their preferences and needs. Strategically located in Hopton-on-Sea, this bungalow enjoys access to local conveniences such as shops, a post office, and community facilities within walking distance. The family-friendly environment is enhanced by nearby educational institutions and recreational spaces, including playgrounds and sports fields. Being just minutes away from the beach and promenade makes it easy to embrace coastal living and outdoor activities. Transportation options are readily available with bus services connecting to nearby towns like Lowestoft and Great Yarmouth. Train stations in these larger towns further enhance travel convenience. This location balances peaceful residential living with accessibility to urban amenities. The exterior of the property includes off-road parking for several vehicles, leading to both a garage and additional space for outdoor projects or leisure activities. The west-facing rear garden, mostly laid to lawn with established shrub borders, presents an opportunity for landscaping or gardening endeavors. This chain-free bungalow is not only ready for new owners but also offers an exceptional opportunity for those looking to invest in a property with substantial potential in a desirable seaside community.

Investment Analysis

(NR31 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£228/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£296,351
10% above area average per sq ft
Potential ROI
+5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR31)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -4.4%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on NR31 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

Noel Close, Hopton
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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
£879
Based on a loan of £180,000 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