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Margaret Lilly Way, Aldborough, Norwich

East of England

£200,000

Listed on 21/05/2026

Property Details

Bedrooms
2
Type
Terraced Bungalow
Area
885 sqft

Description

This end terrace bungalow, nestled in the charming village of Aldborough, offers a promising investment opportunity for those interested in refurbishment. Featuring two bedrooms, a lounge, and a conservatory, the property provides ample space to let your renovation ideas flourish. While it presents well-proportioned rooms and pleasant gardens, it is clear that some internal modernisation is necessary to bring it up to contemporary standards. The layout includes an entrance hall leading into a spacious sitting room, kitchen, two bedrooms, and a bathroom. The outdoor areas feature attractive gardens that enhance the property’s appeal. Situated at the end of the terrace, this home benefits from added privacy and tranquility. Given its location within North Norfolk and close proximity to local amenities and coastal attractions, this bungalow serves as an ideal canvas for creating either a comfortable permanent residence or a cozy retirement retreat. With no onward chain, prospective buyers are encouraged to view early to fully appreciate the potential this property holds.

Investment Analysis

(NR11 area)

Below Market Value

This property is priced -26.9% below area average per sq ft

-26.9%
Potential saving
This Property
£226/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£288
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£301,104
10% above area average per sq ft
Potential ROI
+30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -1.1%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on NR11 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

Margaret Lilly Way, Aldborough, Norwich
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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
£714
Based on a loan of £150,000 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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