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High Street, Shipdham

East of England

£425,000

Listed on 23/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1670 sqft

Description

Situated in a serene area of Shipdham, this four-bedroom detached bungalow presents a compelling opportunity for renovation and investment. Characterized by its charming features, the property includes a bright lounge with an inglenook-style fireplace and a snug that offers a cozy atmosphere for relaxation. The layout showcases a raised dining area and an expansive kitchen/breakfast room, both of which provide ample space for family gatherings and entertaining. All four bedrooms are generously proportioned, particularly the principal bedroom with built-in wardrobes that benefit from abundant natural light. The property is equipped with a modern wet room and a separate shower room, alongside a practical utility area, which facilitates convenient everyday living. The outdoor space is equally impressive, featuring a large garden adorned with mature shrubs, fruit trees, and multiple seating areas ideal for outdoor enjoyment. Additionally, the extensive outbuildings and carport add value and flexibility to the property, with potential for creating an annexe (subject to planning permissions), thus enhancing its appeal in this sought-after village location. Within this community-focused village setting, residents enjoy quick access to local amenities including shops, cafes, and schools while being surrounded by picturesque countryside. This bungalow not only offers immediate comfort but also significant potential for customization and enhancement through renovations that could increase its market value significantly.

Investment Analysis

(IP25 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£254/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£254
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£484,325
10% above area average per sq ft
Potential ROI
-0.1%
After renovation
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
11%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by -8.8% over the last 12 months
3 year growth: -8.3%
5 year growth: +5.2%
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

High Street, Shipdham
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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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