Worst House on the Street Logo
Osprey Close, Hoveton, Norwich NR12 - Image 1
Osprey Close, Hoveton, Norwich NR12 - Image 2
Osprey Close, Hoveton, Norwich NR12 - Image 3
Osprey Close, Hoveton, Norwich NR12 - Image 4
Osprey Close, Hoveton, Norwich NR12 - Image 5
Osprey Close, Hoveton, Norwich NR12 - Image 6
Osprey Close, Hoveton, Norwich NR12 - Image 7
Osprey Close, Hoveton, Norwich NR12 - Image 8
Osprey Close, Hoveton, Norwich NR12 - Image 9
Osprey Close, Hoveton, Norwich NR12 - Image 10
Osprey Close, Hoveton, Norwich NR12 - Image 11
Osprey Close, Hoveton, Norwich NR12 - Image 12
Osprey Close, Hoveton, Norwich NR12 - Image 13
Osprey Close, Hoveton, Norwich NR12 - Image 14

Osprey Close, Hoveton, Norwich NR12

East of England

£385,000

Listed on 30/05/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
1442 sqft

Description

This detached bungalow, built in the early 1970s, offers a generous four-bedroom layout situated on a sizable private plot at the end of a quiet cul-de-sac. Although currently functional, the property is in need of updating, presenting a valuable opportunity for renovation and investment potential. The accommodation includes a welcoming porch, hall, spacious lounge, dining area, kitchen, conservatory, as well as four bedrooms and essential amenities like a shower room and separate WC. The location is particularly advantageous, being only a short stroll away from the charming Hoveton/Wroxham village centre which provides various shops and local services such as supermarkets, pubs, restaurants, and schools. Additionally, the picturesque River Bure flows through the village offering access to the Broads National Park. With convenient transport links to Norwich just 7 miles away via bus or train, this property is well-positioned for both personal use or as a rental investment after refurbishment.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£267/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£279
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£478,874
10% above area average per sq ft
Potential ROI
+10.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +0.5%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on NR12 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

Osprey Close, Hoveton, Norwich NR12
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,454
Based on a loan of £288,750 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

Price History

-17.2% since listed
£385,000£80,000(-17.2%)
16/05/2026
Current price
£465,000Initial listing
04/11/2023

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.