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The Street, Old Costessey

East of England

£200,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Cottage

Description

This three-bedroom cottage presents an exciting opportunity for investors or renovators looking to make their mark. The property is in need of comprehensive refurbishment, offering the chance to transform it into a modern living space. Initial estimates suggest a renovation budget of approximately £70,000, which could yield a potential increase in valuation to around £275,000 - £285,000 upon completion. With the right vision and effort, this cottage could become a desirable home in the East of England.

Investment Analysis

(NR8 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (NR8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +0.8%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on NR8 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

The Street, Old Costessey
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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
£721
Based on a loan of £150,000 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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