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Recreation Road, Stalham NR12

East of England

£220,000
Listed on 05/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
839 sqft

Description

This two-bedroom detached bungalow is situated in a desirable non-estate area of Stalham, known for its charming community and convenient amenities. While the property currently requires modernization and updating, it boasts an inviting layout with significant potential for enhancements. The accommodation features an entrance hall leading to a spacious lounge/diner, an inner hallway, a kitchen equipped with a range of fitted units, two generous double bedrooms, and a bathroom. Additional highlights include uPVC double-glazed windows, electric storage heating, driveway parking, and a garage. The low-maintenance rear garden offers privacy with enclosed fencing—ideal for creating outdoor spaces tailored to your vision. With no onward chain, this property presents an excellent opportunity for investors or those looking to craft their dream home in a thriving town.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -14.1% below area average per sq ft

-14.1%
Potential saving
This Property
£262/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£281,808
10% above area average per sq ft
Potential ROI
+8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +4.8% over the last 12 months
3 year growth: -2.2%
5 year growth: +12.6%
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

Recreation Road, Stalham NR12
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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
£793
Based on a loan of £165,000 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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