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Longwater Lane, Old Costessey, Norwich

East of England

£440,000
Listed on 16/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1470 sqft

Description

This detached family home is set on a generous mature plot, presenting an excellent opportunity for renovation or expansion (subject to planning permission). With over 1,470 sq. ft of adaptable living space, the property features a welcoming hallway with integrated storage and a convenient W.C. The ground floor comprises three reception areas, including a study that benefits from dual aspect windows and a spacious sitting room with sliding and French doors leading to the garden, and an adjoining utility room. A well-equipped kitchen flows into the dining area, providing ample scope for modernisation. Upstairs, you will find four bedrooms—three of which are doubles—served by a family bathroom. Outside offers a substantial gated driveway accommodating multiple vehicles and an integral garage with additional storage space. The private garden is well-maintained with attractive landscaping and views of adjacent fields, enhancing the overall tranquility of the setting. With its solid foundation and abundant square footage, this home is ripe for transformation into your ideal living environment.

Investment Analysis

(NR5 area)

Above Market Value

This property is priced +5.9% above area average per sq ft

+5.9%
This Property
£299/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£439
Avg Yield
8.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Target Value
£456,964
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (NR5)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -8.2%
5 year growth: +7.0%
Investment Disclaimer: Analysis based on NR5 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

Longwater Lane, Old Costessey, Norwich
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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
£1,587
Based on a loan of £330,000 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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