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School Lane, Gimingham NR11

East of England

£370,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1392 sqft

Description

This detached bungalow in the serene village of Gimingham presents a unique opportunity for renovation, with stunning elevated views of the North Norfolk countryside. The property features a spacious sitting room with a traditional brick fireplace that flows seamlessly into a conservatory, creating an inviting atmosphere ideal for family living or entertaining. While three bedrooms are ready for occupancy with new carpeting, there is potential to enhance the kitchen, which awaits modernisation to match your personal style and preferences. The central hallway showcases attractive parquet flooring and grants access to an integral garage as well as a practical shower room. Outside, the private garden includes a decking area adorned with a pergola, mature fruit trees, and well-kept lawn space—a perfect blank canvas for outdoor enjoyment. Located near the coast and essential amenities in North Walsham and Norwich, this property offers a balance of peaceful living with convenient access to local attractions and services, making it an appealing renovation project.

Investment Analysis

(NR11 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£266/sq ft
Area Average
£314/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£481,103
10% above area average per sq ft
Potential ROI
+18.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -6.1%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on NR11 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

School Lane, Gimingham NR11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,334
Based on a loan of £277,500 over 30 years at 4.06% 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.

Price History

-1.3% since listed
£370,000+£20,000(+5.7%)
18/03/2026
Current price
£350,000£25,000(-6.7%)
17/10/2025
£375,000Initial listing
26/09/2025

Next Steps

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