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Otter Road, Swaffham

East of England

£240,000
Listed on 21/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1128 sqft

Description

This 3-bedroom semi-detached property presents a promising opportunity for renovation and investment within the desirable Swan's Nest development of Swaffham. Although currently in need of updating, it features an energy-efficient design with triple glazed windows and solar panels, which can be further enhanced through modernization. The layout offers a spacious entrance hall leading to a fitted kitchen equipped with integrated appliances, along with an open-plan lounge/dining area that flows seamlessly into the garden via French doors. Upstairs, the property boasts a master bedroom with en suite facilities, complemented by two additional bedrooms and a family bathroom. The external space includes an enclosed rear garden, off-road parking, and a garage. Local amenities are conveniently nearby, making it an attractive prospect for families or investors looking to maximize potential gains through refurbishment.

Investment Analysis

(PE37 area)

Below Market Value

This property is priced -22.9% below area average per sq ft

-22.9%
Potential saving
This Property
£213/sq ft
Area Average
£276/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£342,275
10% above area average per sq ft
Potential ROI
+29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
148%
Properties sold annually

Local Market Trend (PE37)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -11.2%
5 year growth: +13.2%
Investment Disclaimer: Analysis based on PE37 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

Otter Road, Swaffham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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