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The Street, Swafield

East of England

£425,000
Listed on 29/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow

Description

This detached bungalow, situated in a tranquil rural hamlet just over half a mile from North Walsham, presents a prime opportunity for those looking to invest in property with significant renovation potential. Spanning nearly half an acre, the generous plot features expansive front and rear gardens alongside a sweeping gravel driveway that accommodates ample off-road parking. The attached garage, measuring 27 feet in length with an electric door, adds further utility to the property. Inside, the bungalow offers four double bedrooms, two of which are equipped with built-in wardrobes. The living space includes three reception areas, a fitted kitchen, both a shower room and a bathroom, and a uPVC conservatory that enhances the natural light throughout. An air source heat pump provides heating via radiators while all windows are double-glazed for energy efficiency. The main lounge/dining area boasts a wood burner for added warmth and charm. The property is currently in need of modernisation, making it ideal for buyers seeking to customize their living space or enhance its market value through targeted upgrades. Set in Swafield—with easy access to North Walsham's amenities and coastal attractions—this home could be revitalized into a stunning residence while enjoying the benefits of rural living. Viewing is recommended to fully grasp the extensive possibilities this property holds.

Investment Analysis

(NR28 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.7%

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
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR28)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -5.4%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on NR28 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

The Street, Swafield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,516
Based on a loan of £318,750 over 30 years at 3.97% 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

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