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Broadway, Heacham, King's Lynn, Norfolk, PE31

East of England

£325,000

Listed on 31/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1536 sqft

Description

This two-bedroom detached bungalow represents a rare find in the desirable village of Heacham, set on a generous plot with considerable potential for refurbishment and expansion, subject to planning permissions. The property is chain-free, making it an attractive option for buyers eager to create their ideal home. The layout includes an inviting entrance hall that leads into a spacious lounge, perfect for daily living or entertaining guests. The kitchen/breakfast area is sizable and offers opportunities for modern reconfiguration to suit contemporary needs. Both double bedrooms are well-sized, with the master featuring its own en-suite shower room, in addition to a separate family bathroom. Notably, some partial loft conversion has already taken place, providing options for additional accommodation or storage. The outdoor space is particularly appealing; the mature garden affords a high level of privacy and ample room for landscaping or further development. A gated driveway allows for plenty of off-road parking and provides access to a garage alongside useful outbuildings that could serve as storage or hobby workspace. This bungalow is ideally suited for those looking to invest in property with renovation potential in a vibrant village setting—whether as a new family home, retirement retreat, or investment opportunity. Early viewing is highly recommended to fully appreciate the extensive possibilities this property has to offer.

Investment Analysis

(PE31 area)

Below Market Value

This property is priced -39.1% below area average per sq ft

-39.1%
Potential saving
This Property
£212/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
£587,220
10% above area average per sq ft
Potential ROI
+60.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Broadway, Heacham, King's Lynn, Norfolk, PE31
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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
£1,228
Based on a loan of £243,750 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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