Margaret Road, NORWICH
East of England
£140,000Guide Price
Listed on 28/10/2026
Listed on 28/10/2026
The listing
Property details
Bedrooms
2Type
Semi Detached BungalowArea
645 sqftFeatures
- Garden
- Parking
Description
Offered at auction on 17 November 2026, this freehold two-bedroom semi-detached bungalow is in Costessey, to the west of Norwich. The accommodation comprises an entrance porch, lounge, kitchen/diner, rear hall, two bedrooms, cloakroom and bathroom. The property has been in the same ownership for many years and is described as requiring updating and refurbishment throughout.
Outside, a walled front garden and driveway provide off-road parking. The enclosed rear garden includes a patio, lawn, greenhouse and shed. The listing notes that extending may be possible, subject to the necessary planning consent. Local shops, schools and leisure facilities are available in Costessey, with Norwich city centre and the Southern Bypass accessible from the area. The tenure is freehold and the council tax band is C.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £140,000, this bungalow is priced well below the local average per square foot, making the asking price a clear acquisition opportunity. It is being offered by auction, so bidding can take the hammer above the guide and the eventual price may not stay this cheap.
The appeal is a medium-scale refurbishment canvas: the photographed kitchen has visibly deteriorated units, while the lounge and bedroom offer scope for fresh finishes and flooring. The pitched roof shows no obvious major failure in the available view, and the driveway and enclosed garden add useful features; any extension idea remains subject to planning consent and feasibility.
Key opportunities
- Replace or substantially refresh the dated kitchen, including the visibly deteriorated lower units and area around the sink.
- Update the lounge and bedroom with redecoration and new flooring.
- Make use of the driveway and enclosed rear garden, with the patio and established planting providing a usable starting point.
Key risks
- Visible deterioration and staining around the kitchen's lower units and beneath the sink warrant closer inspection.
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Transport
Nearest stations
Norwich Rail Station
3.4 miles
Train · Norwich
Salhouse Rail Station
6.8 miles
Train · Salhouse
Wymondham Rail Station
7.6 miles
Train · Wymondham
Brundall Gardens Rail Station
7.9 miles
Train · Brundall
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£529
Based on a loan of £105,000 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
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