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125 Grange Close, Hoveton, Norwich, Norfolk, NR12 8EB - Image 1
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125 Grange Close, Hoveton, Norwich, Norfolk, NR12 8EB

East of England

£100,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This older-style three-bedroom property offers a canvas for potential investors or renovators looking to modernize an established rental space. Although it has been a long-term rental, the home is now vacant, providing a fresh start for its new owner. The residence features sealed unit double glazing, which is a positive aspect in terms of energy efficiency but requires comprehensive updating and modernisation throughout. Externally, the property includes off-road parking for one vehicle and gardens at both the front and rear, along with various brick and timber structures that are currently in need of attention. The sale will include all items currently within the garden and garden stores, potentially allowing for quick clearing or repurposing. Situated in Hoveton, within easy reach of Wroxham and the picturesque Norfolk Broads, this property’s location complements its renovation potential well. With some investment and effort, it could transform into a desirable family home or rental property in a sought-after area.

Investment Analysis

(NR12 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.8%

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
22
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +8.5% over the last 12 months
3 year growth: +2.3%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on NR12 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

125 Grange Close, Hoveton, Norwich, Norfolk, NR12 8EB
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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
£357
Based on a loan of £75,000 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.

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