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Drury Lane, Castle Acre PE32

East of England

£200,000

Listed on 20/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1216 sqft

Description

Nestled in the charming village of Castle Acre, this three-bedroom link-detached bungalow presents a promising opportunity for renovation and investment. While the property requires updating to meet modern standards, it features a spacious layout that includes three generously-sized double bedrooms and two functional shower rooms. Additional amenities like a garage and storeroom enhance its practicality, making it an ideal candidate for those looking to enhance its value. The property boasts a living area with a delightful bow window, a kitchen outfitted with contemporary fitted units, and ample storage throughout. With its chain-free status, this bungalow invites you to envision your personal touch transforming it into a comfortable family home or rental asset. Viewing is highly encouraged to grasp the potential within these walls.

Investment Analysis

(PE32 area)

Below Market Value

This property is priced -41.8% below area average per sq ft

-41.8%
Potential saving
This Property
£164/sq ft
Area Average
£283/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£377,939
10% above area average per sq ft
Potential ROI
+57.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE32)

Area prices are falling by -8.3% over the last 12 months
3 year growth: -13.8%
5 year growth: -3.1%
Investment Disclaimer: Analysis based on PE32 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

Drury Lane, Castle Acre PE32
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 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

-25.9% since listed
£200,000£20,000(-9.1%)
27/05/2026
Current price
£220,000£30,000(-12.0%)
14/04/2026
£250,000£20,000(-7.4%)
10/12/2025
£270,000Initial listing
18/11/2025

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