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Salhouse Road, Rackheath

East of England

£210,000

Listed on 16/07/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
632 sqft

Description

This semi-detached bungalow in the desirable village of Rackheath presents a unique investment opportunity for buyers eager to undertake a renovation project. The property includes two bedrooms, a sitting room, kitchen, and bathroom arranged in a functional single-storey design. Both front and rear gardens offer significant potential for landscaping enhancements, while the driveway provides practical off-road parking. Currently requiring modernization throughout, the home serves as a blank canvas ideal for those looking to create a personalized space. With its attractive village setting and nearby amenities, this property is perfect for anyone wanting to invest in a rewarding refurbishment venture.

Investment analysis

(NR13 area)

Above Market Value

This property is priced +6.4% above area average per sq ft

+6.4%
This Property
£332/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£345
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£217,007
10% above area average per sq ft
Potential ROI
-13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR13)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +0.3%
5 year growth: +9.7%
Investment Disclaimer: Analysis based on NR13 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

Salhouse Road, Rackheath
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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
£793
Based on a loan of £157,500 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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