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Maple Close, Martham NR29

East of England

£220,000
Listed on 27/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
700 sqft

Description

Nestled in the tranquil village of Martham, this three-bedroom bungalow offers a unique opportunity for renovation and personalization. Set back from the road on a generous plot, the property ensures both privacy and ample outdoor space. The entrance hall leads into a spacious sitting room that flows into a connected dining area, creating an inviting atmosphere ideal for family gatherings or entertaining guests. The kitchen presents potential for modern updates or reconfiguration to meet contemporary standards. Featuring three well-sized bedrooms, the layout supports various living arrangements whether as sleeping quarters, a home office, or hobby space. A family bathroom rounds out the functional design of this property. The exterior includes a sizable garden predominantly laid to lawn with established shrubs providing a peaceful retreat; perfect for green-fingered enthusiasts or those contemplating future expansions (subject to planning permissions). While the bungalow requires some updating to fully realize its potential, it stands as an attractive prospect for those looking to craft a home that aligns with their tastes in this picturesque Norfolk village. With convenient off-road parking and proximity to local amenities including shops and schools, this property offers both investment appeal and lifestyle advantages in a desirable location.

Investment Analysis

(NR29 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£314/sq ft
Area Average
£287/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£221,183
10% above area average per sq ft
Potential ROI
-13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +20.8% over the last 12 months
3 year growth: +24.8%
5 year growth: +39.7%
Investment Disclaimer: Analysis based on NR29 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

Maple Close, Martham NR29
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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
£793
Based on a loan of £165,000 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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