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Carter Road, Drayton, Norwich

East of England

£300,000
Listed on 01/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1195 sqft

Description

This extended semi-detached bungalow located in the sought-after village of Drayton presents a unique opportunity for renovation and personalization. Featuring three bedrooms, the property is set on a substantial plot that offers ample space to enhance both the interior and exterior. The entrance hall leads into a variety of living spaces, including a spacious sitting room with a charming fireplace that flows into a kitchen/breakfast area. The potential for modernizing the layout is significant, especially given the loft room which could be transformed into additional living space pending necessary permissions. Each bedroom provides comfortable accommodation, with the principal bedroom featuring fitted wardrobes and an en-suite shower unit. The family bathroom, while functional, could benefit from updates to meet contemporary standards. Outdoors, the generous garden space offers mature landscaping alongside practical features such as a patio and summerhouse that can be revitalized for better use or expansion. With no onward chain, this property is ideal for those looking to invest in a home that allows for personal touches and modernization in an attractive setting.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -18.6% below area average per sq ft

-18.6%
Potential saving
This Property
£251/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£263
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£405,392
10% above area average per sq ft
Potential ROI
+15.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NR8)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -3.0%
5 year growth: +14.9%
Investment Disclaimer: Analysis based on NR8 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

Carter Road, Drayton, Norwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,070
Based on a loan of £225,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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