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Chequers Green, Great Ellingham, NR17

East of England

£230,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This three-bedroom detached bungalow presents an excellent renovation opportunity for buyers looking to create a personalized living space. Nestled in a tranquil area free from traffic, the property is bordered by picturesque farmland, offering scenic views that enhance its rural charm. The home's thoughtful layout features three spacious bedrooms accessed through a central hallway, providing a good level of privacy. Notably, one bedroom includes a floor-to-ceiling shelving unit, maximizing storage. The inviting entrance porch contains the oil-fired boiler that supports efficient central heating throughout the property. The lounge boasts a multi-fuel stove, adding character and warmth for those chilly evenings. The kitchen/diner is functional yet ripe for reimagination and modern updates tailored to your preferences. A recently refurbished shower room adds a contemporary touch to this project home. While the bungalow is equipped with double-glazed windows that boost energy efficiency, it requires modernization throughout—an opportunity to significantly increase value through careful refurbishment. Outdoor spaces include an enclosed rear garden accessible via a side gate, ideal for relaxation or gardening pursuits. Two timber sheds provide useful storage solutions. Ample parking is available with an en bloc garage and an additional dedicated space nearby. Located in the desirable village of Great Ellingham, this property offers community spirit alongside easy access to local amenities like shops and schools. With its connection to nature and potential for transformation, this bungalow appeals particularly to first-time buyers or those seeking to downsize while undertaking an enriching renovation project.

Investment Analysis

(NR17 area)
Area Average
£297/sq ft
Avg Rent (weekly)
£286
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (NR17)

Area prices are falling by -9.6% over the last 12 months
3 year growth: -6.8%
5 year growth: +2.0%
Investment Disclaimer: Analysis based on NR17 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

Chequers Green, Great Ellingham, NR17
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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
£815
Based on a loan of £172,500 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.

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