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Springfield Way, Hingham

East of England

£310,000

Listed on 26/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1033 sqft

Description

Located in the sought-after town of Hingham, this three-bedroom detached residence presents an excellent investment opportunity for those looking to add value through renovations. While the property is functional, it would greatly benefit from modern updates, allowing you to tailor it to your personal style. The layout includes a conservatory that provides additional living space, a kitchen/dining area perfect for entertaining, an en-suite shower room attached to the master bedroom, and a generous garden alongside a garage and off-road parking facilities. Amenities nearby include local shops, schools, and good transport links to Norwich and beyond. This home is being sold with no onward chain, making it easier for quick acquisition. Overall, the property offers ample potential to enhance and create a desirable family home.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -4.2% below area average per sq ft

-4.2%
Potential saving
This Property
£300/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£356,003
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR9)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -6.1%
5 year growth: +3.4%
Investment Disclaimer: Analysis based on NR9 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

Springfield Way, Hingham
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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
£1,106
Based on a loan of £232,500 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.

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