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Maple Close, Martham

East of England

£240,000
Listed on 21/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
700 sqft

Description

Nestled within the tranquil village of Martham, this three-bedroom bungalow offers a wealth of potential for renovation and investment. Set back from the road, the property is positioned on a generous plot that affords both space and privacy. Inside, a welcoming entrance hall leads to a light-filled sitting room, which seamlessly connects to an adjoining dining area—creating an adaptable living space ideal for everyday use or entertaining guests. The kitchen, while functional, presents an opportunity for reconfiguration and modernization to meet contemporary standards and personal taste. Each of the three bedrooms is well-proportioned, offering flexibility for various uses, whether as sleeping quarters, a home office, or hobbies. A family bathroom rounds out the practical layout of this bungalow. The outdoor space is equally inviting, featuring a sizable garden primarily laid to lawn and complemented by established shrubbery. This area not only provides room for gardening enthusiasts but also opens possibilities for expansion or landscaping projects (subject to necessary planning permissions). Martham’s location within the Broads National Park enhances its appeal, offering a serene rural atmosphere with convenient access to essential amenities. The village boasts local shops, schools, healthcare facilities, and community spaces like a library and public house—all contributing to day-to-day convenience while maintaining a strong sense of community. Transport links are reliable with regular bus services connecting you to nearby towns. The A47 is easily accessible, ensuring efficient routes to both coastal attractions and urban centers. Just three miles away lies Winterton-on-Sea, known for its sandy beaches and seasonal seal sightings along the shore. For those who enjoy outdoor pursuits such as walking or boating, the picturesque waterways of the Broads are within close reach. This bungalow not only represents an opportunity to create a personalized living space but also serves as an attractive investment in a desirable location marked by potential growth. Whether seeking a quiet retreat or aiming to capitalize on renovation opportunities in an enviable setting, this property stands out as a promising prospect in Martham.

Investment Analysis

(NR29 area)

Above Market Value

This property is priced +20.7% above area average per sq ft

+20.7%
This Property
£343/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£218,719
10% above area average per sq ft
Potential ROI
-19.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +24.5% over the last 12 months
3 year growth: 25.1%
5 year growth: 40.7%
Investment Disclaimer: Analysis based on NR29 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

Maple Close, Martham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE