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Sparhawk Avenue, Sprowston

East of England

£375,000

Listed on 21/05/2026

Property Details

Bedrooms
5
Type
Detached Bungalow
Area
1331 sqft

Description

This five-bedroom bungalow, situated on a desirable corner plot in Sprowston, presents an exciting renovation opportunity for prospective buyers. With all bedrooms conveniently arranged on a single level, the property allows for adaptable use—be it family living or as a home office setup. The welcoming open-plan lounge and dining area features a wood burner, which adds warmth and charm to the space, while the modern kitchen with its gloss units provides a foundation for further enhancement with appliances and storage solutions. A utility area off the kitchen offers practicality but could benefit from updates to maximize functionality. One of the five bedrooms opens directly into a conservatory—a bright space perfect for relaxation or hobbies that overlooks the south-west facing garden. Externally, the well-sized garden includes areas suitable for both leisure and entertaining, complemented by a garage and driveway to accommodate off-road parking. Located within an increasingly popular residential area, this property is close to local amenities such as Sparhawk School and various shopping options, making it particularly appealing to families. The potential for modernization and customization throughout every room makes this bungalow a remarkable investment opportunity in Sprowston's thriving community.

Investment Analysis

(NR7 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£282/sq ft
Area Average
£316/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£462,875
10% above area average per sq ft
Potential ROI
+11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NR7)

Area prices are rising by +3.7% over the last 12 months
3 year growth: -1.7%
5 year growth: +15.3%
Investment Disclaimer: Analysis based on NR7 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

Sparhawk Avenue, Sprowston
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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
£1,338
Based on a loan of £281,250 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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