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Groveside, East Rudham, King's Lynn

East of England

£140,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
777 sqft

Description

This semi-detached bungalow in the quaint village of East Rudham offers a promising opportunity for those looking to invest in a property ripe for renovation. With two bedrooms and two separate reception areas, the layout allows for versatile living spaces, complemented by a conservatory that provides potential for an inviting indoor-outdoor flow. While the home is equipped with oil heating and double glazing, it does require a thorough update and personal touches to realize its full potential. Nestled on a generous plot, this property may allow for extensions or modifications (subject to planning permissions), making it an attractive candidate for expansion. Conveniently situated with access to local towns like Fakenham and King’s Lynn, this bungalow combines rural charm with practicality. For buyers eager to create their ideal home in North Norfolk, this property represents a valuable investment opportunity.

Investment Analysis

(PE31 area)

Below Market Value

This property is priced -48.2% below area average per sq ft

-48.2%
Potential saving
This Property
£180/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£307
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£297,051
10% above area average per sq ft
Potential ROI
+65.0%
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
6%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -6.8%
5 year growth: +2.5%
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

Groveside, East Rudham, King's Lynn
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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
£529
Based on a loan of £105,000 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

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