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A Detached Bungalow in James Close Offering Huge Potential - Image 1
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A Detached Bungalow in James Close Offering Huge Potential - Image 5
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A Detached Bungalow in James Close Offering Huge Potential - Image 8
A Detached Bungalow in James Close Offering Huge Potential - Image 9
A Detached Bungalow in James Close Offering Huge Potential - Image 10
A Detached Bungalow in James Close Offering Huge Potential - Image 11
A Detached Bungalow in James Close Offering Huge Potential - Image 12
A Detached Bungalow in James Close Offering Huge Potential - Image 13

A Detached Bungalow in James Close Offering Huge Potential

East of England

£270,000
Listed on 24/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
732 sqft

Description

Nestled in a quiet cul-de-sac within the desirable Grange Estate of King’s Lynn, this two-bedroom detached bungalow presents a unique opportunity for those looking to invest in a property with significant potential. The generous plot ensures privacy and offers ample space, with a welcoming driveway and single garage accentuating the functional layout while hinting at the possibilities for expansion or enhancement. Upon entering, the home's versatile design awaits your vision. The reception area serves as an inviting starting point that can be transformed into a cozy gathering space tailored to your preferences. Flowing from here are the kitchen and two spacious double bedrooms, each offering the flexibility to adapt to future lifestyle changes. The existing bathroom is serviceable but represents just one element of the home ripe for modernization. This property is not simply in need of refurbishment; it encourages thoughtful upgrades that could enhance its charm and functionality on a solid existing foundation. The outdoor space continues to impress, featuring a sizable rear garden that can be enjoyed as-is or reimagined for personal or entertaining use. For those considering longer-term options, the substantial plot size opens avenues for potential extensions or even the possibility of developing an additional dwelling (subject to planning consent), making it even more appealing. With essential utilities already available—mains gas, electricity, and water—you can concentrate on designing and customizing this space according to your needs rather than starting from scratch. Living in the Grange Estate means being well-connected to schools, shops, and transport links while only being a short distance away from King’s Lynn's vibrant town center. Plus, access to the surrounding Norfolk countryside makes it an excellent base for those who enjoy outdoor activities. This property stands out not just as a place to reside but as an exciting project waiting for someone with ambition to craft their ideal home imbued with personal touches and long-term value.

Investment Analysis

(PE30 area)

Above Market Value

This property is priced +52.6% above area average per sq ft

+52.6%
This Property
£369/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£194,577
10% above area average per sq ft
Potential ROI
-37.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE30)

Area prices are falling by -4.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +12.5%
Investment Disclaimer: Analysis based on PE30 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

A Detached Bungalow in James Close Offering Huge Potential
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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
£956
Based on a loan of £202,500 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.

Stamp Duty Calculator

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