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Providence Place, Briston, MELTON CONSTABLE

East of England

£375,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1524 sqft

Description

This detached bungalow presents an exciting opportunity for those looking to invest in a property with considerable modernisation and redevelopment potential (subject to planning). Located on a generously sized corner plot in a desirable North Norfolk village, the bungalow features three bedrooms and various outbuildings, adding to its appeal for future enhancements. The property is currently equipped with oil-fired central heating and double-glazed windows, providing a solid foundation for improvement. The interior includes an entrance hall leading to multiple living spaces with potential for reconfiguration, including a lounge that opens via double doors to the side and a kitchen/dining area that can be upgraded to contemporary standards. The presence of a workshop/garage further extends the possibilities for this space. Outside, the expansive gardens surrounded by nature offer ample room for landscaping or expansion, making this bungalow an attractive prospect for buyers keen on realising its full potential.

Investment Analysis

(NR24 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£246/sq ft
Area Average
£294/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£492,945
10% above area average per sq ft
Potential ROI
+16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR24)

Area prices are falling by -2.2% over the last 12 months
3 year growth: +5.3%
5 year growth: +22.5%
Investment Disclaimer: Analysis based on NR24 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

Providence Place, Briston, MELTON CONSTABLE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 over 30 years at 3.91% 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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