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Scotgate Close, Great Hockham IP24 - Image 1
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Scotgate Close, Great Hockham IP24

East of England

£270,000
Listed on 07/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1206 sqft

Description

This three-bedroom link-detached house, located in a peaceful cul-de-sac in Great Hockham, presents a compelling opportunity for those looking to invest in a property with renovation potential. The home features generously sized rooms and a practical layout that can be enhanced to meet your personal style and preferences. On the ground floor, the dual-aspect lounge/diner, measuring approximately 22’10”, serves as a bright and inviting space, complete with a wood burner and patio doors that open into the enclosed rear garden. Adjacent to this is a spacious kitchen/diner of around 16’11”, along with an entrance hall and a convenient downstairs WC. The layout is functional and well-suited for modern living, providing ample opportunity for updates or expansions. Upstairs, you’ll find three bedrooms—two doubles and one single—all featuring built-in storage solutions. The family bathroom offers a blank canvas for modernization. While the property does require some updating, its solid structure offers an excellent foundation for creating a comfortable family home. The outdoor space includes an enclosed rear garden primarily laid to lawn, complemented by planted borders and a patio area ideal for al fresco dining. A charming pond serves as a focal point within the garden, which also features an outdoor tap and wood store. At the rear, access to a public pathway leads directly to the nearby primary school, enhancing convenience for families. In addition to the generous garage at the front of the property, there is driveway parking available—a valuable feature in this location. Great Hockham is nestled within Norfolk’s scenic countryside, offering an appealing blend of rural tranquility and community spirit. This village provides essential amenities including a primary school, local pub, village hall with social activities, and numerous walking trails through surrounding woodlands. Those fond of nature will appreciate proximity to Thetford Forest and various marked walks, including the Great Eastern Pingo Trail. For broader shopping options and leisure activities, both Thetford and Attleborough are within easy reach. Convenient access to the A11 facilitates commuting options for those traveling further afield. This property not only serves as a potential family home but also stands as an investment opportunity in an area known for growth and community engagement. Whether you're considering it as your next residence or looking at buy-to-let prospects, this house invites you to envision its future possibilities.

Investment Analysis

(IP24 area)

Below Market Value

This property is priced -12.4% below area average per sq ft

-12.4%
Potential saving
This Property
£224/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£301
Avg Yield
6.5%

Renovation Potential

Est. Renovation Cost
£27,000 - £67,500
10-25% of property value
Target Value
£338,880
10% above area average per sq ft
Potential ROI
+0.4%
After renovation
Monthly Sales
19
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (IP24)

Area prices are falling by +5.6% over the last 12 months
3 year growth: -4.4%
5 year growth: 11.8%
Investment Disclaimer: Analysis based on IP24 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Scotgate Close, Great Hockham IP24
Map showing location of Scotgate Close, Great Hockham IP24
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