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Collingwood Close, Heacham, King's Lynn

East of England

£140,000
Listed on 08/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

Located in the desirable Collingwood Close area of Heacham, this detached bungalow offers a promising investment opportunity for those looking to undertake a comprehensive renovation project. Featuring two bedrooms and a reception space, the property is well-positioned for transformation into a comfortable home. The setting on a quiet private road enhances its appeal, and the ample garden provides an inviting outdoor area ideal for gardening or social gatherings. The bungalow is non-standard construction and requires extensive refurbishment, making it a suitable choice for cash buyers or investors ready to tackle improvements. This property presents significant potential for reimagining its layout and design to create a charming residence in a lovely environment.

Investment Analysis

(PE31 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -6.0%
5 year growth: +2.8%
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

Collingwood Close, Heacham, King's Lynn
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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
£499
Based on a loan of £105,000 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.

Stamp Duty Calculator

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