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Sharman Avenue, Watton

East of England

£240,000

Listed on 28/04/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
732 sqft

Description

This two-bedroom detached bungalow offers a prime opportunity for those looking to invest in a property with considerable renovation potential. Located near Watton town center and adjacent to picturesque countryside, the residence features a conservatory, garage, gardens, and parking, making it an attractive option for those needing space and convenience. The property is equipped with gas central heating and leased PV solar panels, ensuring energy efficiency. Inside, the layout consists of a hallway leading to a lounge/dining room with a feature fireplace, a functional kitchen with ample storage and appliances, two bedrooms, and a wet room. The conservatory provides additional living space with direct access to the manageable rear garden that boasts low-maintenance landscaping. There’s also potential for further development or extensions (subject to planning permission) that could significantly enhance the property's value. Given its strategic location within easy reach of local amenities and transport links, this bungalow presents an exciting renovation project for savvy investors or homeowners alike.

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Investment analysis

(IP25 area)

Above Market Value

This property is priced +25.2% above area average per sq ft

+25.2%
This Property
£328/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£210,922
10% above area average per sq ft
Potential ROI
-21.9%
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
9%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -6.0%
5 year growth: +6.0%
Investment Disclaimer: Analysis based on IP25 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

Sharman Avenue, Watton
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 over 30 years at 4.45% 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

Price History

-4.0% since listed
£240,000£10,000(-4.0%)
11/06/2026
Current price
£250,000Initial listing
30/04/2026

Next Steps

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