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32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 1
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 2
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 3
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 4
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 5
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 6
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 7
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 8
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 9
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 10
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 11
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 12
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 13
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 14
32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL - Image 15

32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL

East of England

£80,000
Listed on 10/04/2026

Property Details

Bedrooms
1
Type
Terraced Bungalow
Area
328 sqft

Description

This one-bedroom chalet bungalow, previously owned by the local authority, presents a noteworthy opportunity for renovation and investment. Located in the tranquil residential area of Poringland, the property is currently vacant and requires a comprehensive updating and redecoration to unlock its full potential. Its good-sized enclosed gardens at both the front and back provide ample outdoor space for landscaping or expansion. Situated approximately 5 miles south of Norwich, Poringland boasts a variety of amenities including schools, shops, and restaurants, making it an attractive option for first-time buyers or investors looking to enhance their portfolio. The layout includes a hall, bedroom, lounge, kitchen, and bathroom on the ground floor. Overall, this property stands as a promising project for those seeking to invest in a convenient location with growth potential.

Investment Analysis

(NR14 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£244/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£111,794
10% above area average per sq ft
Potential ROI
+6.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR14)

Area prices are falling by -8.3% over the last 12 months
3 year growth: -14.0%
5 year growth: -7.4%
Investment Disclaimer: Analysis based on NR14 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

32 Rectory Lane, Poringland, Norwich, Norfolk NR14 7SL
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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
£283
Based on a loan of £60,000 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.

Stamp Duty Calculator

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