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School Lane, Smallburgh, Norwich, Norfolk, NR12 - Image 1
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School Lane, Smallburgh, Norwich, Norfolk, NR12 - Image 3
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School Lane, Smallburgh, Norwich, Norfolk, NR12 - Image 5
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School Lane, Smallburgh, Norwich, Norfolk, NR12 - Image 11

School Lane, Smallburgh, Norwich, Norfolk, NR12

East of England

£325,000
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1291 sqft

Description

This three-bedroom bungalow in Smallburgh, Norfolk presents a solid foundation for both comfortable living and renovation opportunities. While currently habitable, the property would greatly benefit from some updating to fully realize its potential. The good-sized enclosed garden adds value, offering ample space for outdoor activities or gardening pursuits. With proximity to the A149, access to nearby towns is convenient, enhancing the attractiveness for future occupants. The internal layout features an entrance hall leading into a spacious lounge/diner that opens onto the rear garden, ideal for modernizing with contemporary finishes. The kitchen is functional but could be refreshed or reconfigured for improved usability. Each bedroom provides sufficient space, and the existing bathroom layout allows for helpful upgrades to meet modern expectations. Notably, there is potential for extension subject to planning permission, which could significantly increase both living space and property value. Additionally, with a garage and off-road parking available, this bungalow is well-equipped for families or individuals requiring extra storage. This property stands out not just as a home but as an investment opportunity where thoughtful renovations could lead to substantial returns.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -18.3% below area average per sq ft

-18.3%
Potential saving
This Property
£252/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
£437,391
10% above area average per sq ft
Potential ROI
+23.2%
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

School Lane, Smallburgh, Norwich, Norfolk, NR12
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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
£1,191
Based on a loan of £243,750 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