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Walcott Road, Bacton, Norwich

East of England

£285,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
637 sqft

Description

This semi-detached cottage presents a compelling opportunity for buyers looking to invest in a property with substantial potential. Strategically located in the tranquil village of Bacton, mere moments from the beach and local amenities, this home features three bedrooms and retains several charming character elements such as sash windows and an inviting open fire in the lounge. The layout includes a welcoming entrance hall, a combined lounge/diner perfect for family gatherings, a kitchen equipped with modern appliances installed approximately five years ago, and a convenient cloakroom. Upstairs, you will find three bedrooms alongside a bathroom that could benefit from some updating. Outside, there’s a driveway accommodating two vehicles and well-maintained front and rear gardens, with the latter including access rights for neighbors. Although being offered with no onward chain, the cottage offers areas where cosmetic improvements can enhance its charm or improve rental yield prospects for investors.

Investment Analysis

(NR12 area)

Above Market Value

This property is priced +45.3% above area average per sq ft

+45.3%
This Property
£447/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£215,816
10% above area average per sq ft
Potential ROI
-31.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -3.4%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on NR12 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

Walcott Road, Bacton, 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
£1,044
Based on a loan of £213,750 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