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Saxon Road, Rackheath

East of England

£290,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
676 sqft

Description

Located in the burgeoning village of Rackheath, this end-terraced three-bedroom property offers significant renovation potential. With off-road parking for two vehicles, it presents practical advantages for modern family life. The home's layout is thoughtfully designed, providing ample storage options and a functional flow that aligns with contemporary living needs. The kitchen at the front features dark matte grey cabinetry and chrome fixtures, although updates could enhance both style and function. The spacious sitting room is filled with natural light and connects effortlessly to a sizeable rear garden through French doors, offering an excellent opportunity to create an inviting outdoor area. Upstairs, you'll find three well-proportioned bedrooms, including a main suite with an ensuite bathroom, alongside a family bathroom that could benefit from modernization. The garden space is particularly noteworthy; while it requires some attention to realize its full potential, it serves as a blank canvas for landscaping or creating an outdoor entertainment space. With its combination of practicality, location advantages, and scope for improvement, this property appeals to those looking to invest in their dream home in Rackheath.

Investment Analysis

(NR13 area)

Above Market Value

This property is priced +34.9% above area average per sq ft

+34.9%
This Property
£429/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£295
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£236,390
10% above area average per sq ft
Potential ROI
-25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (NR13)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.2%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on NR13 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

Saxon Road, Rackheath
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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
£1,062
Based on a loan of £217,500 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