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Rectory Lane, Poringland, Norwich

East of England

£425,000
Listed on 11/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1058 sqft

Description

This detached bungalow presents a promising opportunity in a highly desirable residential area, occupying an approximate 0.16-acre plot. The property boasts a welcoming entrance hall that opens to a spacious 15’ sitting room featuring charming garden views through its bay window. The well-equipped kitchen and dining area is ideal for family gatherings, while the separate utility room adds convenience, making it suitable for modern living. The layout includes three generously sized bedrooms, all filled with natural light, along with a family bathroom featuring tiled surfaces. An integral garage offers excellent potential for conversion into additional living space or a home office (subject to planning approval), enhancing the property's value. Ample off-road parking is available on the large driveway, and the fully enclosed rear garden provides a tranquil outdoor setting with mature borders and patio areas for entertaining. With some thoughtful renovations, this property could be transformed into a truly exceptional home.

Investment Analysis

(NR14 area)

Above Market Value

This property is priced +28.2% above area average per sq ft

+28.2%
This Property
£402/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£364,560
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
23
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (NR14)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -11.5%
5 year growth: 0.5%
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

Rectory Lane, Poringland, Norwich
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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
£1,557
Based on a loan of £318,750 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