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Woodcock Hill, Costessey NR8

East of England

£325,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1299 sqft

Description

Situated on a desirable corner plot within the well-regarded Queens Hill development, this four-bedroom detached house presents a promising opportunity for both families and investors. The property boasts a practical layout, including an inviting entrance hall, a bright lounge area, and a spacious kitchen/dining room that is ideal for gatherings. A modern shower room is conveniently located on the ground floor. Upstairs, you'll find four generously sized bedrooms, with the principal bedroom benefiting from its own en-suite bathroom alongside a family bathroom. The south-facing rear garden ensures privacy and offers a perfect space for outdoor relaxation or hosting events. A noteworthy feature of this home is the converted garage, currently utilized as an additional lounge/bedroom, equipped with power, lighting, and water supply—providing versatility for potential buyers. This property has strong investment potential due to its existing features while also offering scope for further enhancements or updates to suit personal tastes or rental purposes. With good transport links and local amenities in proximity, including schools and shopping facilities at Longwater retail park, this location balances suburban tranquility with accessibility. The current sellers are prepared for a swift move to their next property, facilitating an efficient purchase process for buyers looking to invest in this increasingly sought-after area.

Investment Analysis

(NR8 area)

Below Market Value

This property is priced -17.9% below area average per sq ft

-17.9%
Potential saving
This Property
£250/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£435,672
10% above area average per sq ft
Potential ROI
+24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (NR8)

Area prices are rising by +4.6% over the last 12 months
3 year growth: 1.2%
5 year growth: 24.2%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,191
Based on a loan of £243,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE