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Woodcock Hill, Costessey NR8

East of England

£315,000
Listed on 14/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1299 sqft

Description

This four-bedroom detached house is positioned on a desirable corner plot within the sought-after Queens Hill development in Costessey. While the home offers a solid foundation, it presents an excellent opportunity for refurbishment to modernize and enhance its appeal. The ground floor features a welcoming entrance hall, a bright lounge, and a generous kitchen/dining area that is well-suited for entertaining guests. A modern shower room adds convenience to this level. Upstairs, you will find four spacious bedrooms, including a main bedroom with an en-suite bathroom, complemented by a family bathroom. The south-facing rear garden provides a private outdoor space perfect for relaxation or gatherings, while the driveway ensures ample off-road parking. Additionally, the detached garage has been converted into a functional lounge or extra bedroom equipped with power and water supply, offering versatility and potential as an additional living space or rental opportunity. The location is ideal for easy access to essential amenities and transport links, making this property not only comfortable but also practical for families or investors looking to refurbish. Given that the sellers have already identified their next home, buyers can expect a smooth transition without delays.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£242/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£435,672
10% above area average per sq ft
Potential ROI
+22.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (NR8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +0.8%
5 year growth: +17.1%
Investment Disclaimer: Analysis based on NR8 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

Woodcock Hill, Costessey NR8
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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
£1,136
Based on a loan of £236,250 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.

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