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Broadwater Way, Horning, Norwich, Norfolk, NR12

East of England

£250,000

Listed on 19/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
918 sqft

Description

This detached three-bedroom bungalow, positioned in the desirable Broadland village of Horning, is being offered with no onward chain and presents a unique opportunity for those looking to undertake a comprehensive renovation. Set in one of Norfolk’s most picturesque and sought-after waterside locations, this property is surrounded by natural beauty and provides easy access to the Norfolk Broads, along with a range of local amenities. While the bungalow requires complete modernization and refurbishment, it boasts significant potential for transformation. Whether you're considering redevelopment, extension, or reconfiguration (subject to obtaining the necessary planning permissions), this property allows buyers to craft a personalized living space that reflects their individual style. Currently laid out as a three-bedroom bungalow with an adjoining 18ft garage, the layout offers flexibility for innovative enhancements. The established grounds and driveway parking further enhance its appeal as a long-term investment. Opportunities like this are rare in such prime locations, making it an attractive prospect for developers, investors, or homeowners eager to create their ideal residence in one of Norfolk's most exclusive villages.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -10.7% below area average per sq ft

-10.7%
Potential saving
This Property
£272/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£307,838
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
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

Broadwater Way, Horning, Norwich, Norfolk, NR12
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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
£892
Based on a loan of £187,500 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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