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Old Vicarage Park, Narborough

East of England

£190,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1011 sqft

Description

Presenting a detached bungalow with three spacious double bedrooms, this property is set in a semi-rural neighborhood of Narborough and offers significant renovation potential. Nestled against the backdrop of All Saints Church, it boasts a generous plot with opportunities for expansion and personal touch. Inside, you'll find an L-shaped entrance hall leading to a dual-aspect lounge, kitchen, conservatory, and three well-proportioned bedrooms—two featuring built-in wardrobes. The main bathroom completes the living quarters. The property is equipped with oil-fired radiator central heating and UPVC double glazing throughout. Externally, both front and rear gardens are predominantly laid to lawn and complemented by a long driveway that offers ample off-road parking plus access to a garage. This bungalow is perfect for various buyers looking to invest in a project that allows them to create their ideal home while taking advantage of its attractive location. Its proximity to local amenities enhances its appeal as you consider the possibilities that renovations could unlock.

Investment Analysis

(PE32 area)

Below Market Value

This property is priced -33.9% below area average per sq ft

-33.9%
Potential saving
This Property
£188/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£316,337
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE32)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -11.5%
5 year growth: +0.3%
Investment Disclaimer: Analysis based on PE32 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

Old Vicarage Park, Narborough
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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
£673
Based on a loan of £142,500 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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