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Grovelands, Ingoldisthorpe

East of England

£220,000
Listed on 23/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This semi-detached bungalow, located in the tranquil village of Ingoldisthorpe, offers a promising opportunity for those looking to invest in property with renovation potential. Set back from the road behind a mature garden, it features a private driveway and a single garage. The east-facing rear garden is predominantly laid to lawn, making it a suitable canvas for landscaping improvements. The interior boasts spacious accommodations including an impressive 18ft sitting room and two generously sized double bedrooms. While the property has been extended previously and converted from three to two bedrooms, it does require modernisation in various areas—presenting an excellent opportunity for enhancement which could significantly increase its value. It is conveniently positioned within walking distance of local amenities and just a short drive from the scenic North Norfolk coast, adding to its appeal for families or retirees alike. Additionally, the property is sold with no onward chain, facilitating a smoother transaction process.

Investment Analysis

(PE31 area)
Area Average
£349/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by -8.8% over the last 12 months
3 year growth: -14.6%
5 year growth: -1.2%
Investment Disclaimer: Analysis based on PE31 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

Grovelands, Ingoldisthorpe
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 over 30 years at 4.06% 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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