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Maple Close, Martham NR29 - Image 1
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Maple Close, Martham NR29

East of England

£240,000
Listed on 19/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
700 sqft

Description

Nestled within the tranquil village of Martham, this three-bedroom bungalow offers a unique opportunity for those looking to invest in a property with significant renovation potential. The home is set away from the main road, ensuring privacy while occupying a generous plot that allows for various landscaping or extension possibilities (subject to planning permits). Inside, you will find an inviting entrance hall leading to a spacious sitting room that seamlessly transitions into a dining area, providing ample room for both relaxation and entertaining. The adjoining kitchen presents a chance for modern updates and reconfiguration tailored to contemporary lifestyles. The layout includes three well-sized bedrooms and a family bathroom, providing a practical foundation awaiting personal touches. The exterior features a sizeable garden predominantly laid to lawn with established shrubs, perfect for gardening enthusiasts or further development. Additionally, off-road parking on the side enhances convenience in this picturesque Norfolk setting. While some updates are needed, this property stands as an excellent canvas for creating a personalized retreat in one of the region's charming villages.

Investment Analysis

(NR29 area)

Above Market Value

This property is priced +20.7% above area average per sq ft

+20.7%
This Property
£343/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£218,719
10% above area average per sq ft
Potential ROI
-21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR29)

Area prices are rising by +24.5% over the last 12 months
3 year growth: 25.1%
5 year growth: 40.7%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 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