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Allington Smith Close, Oulton Broad NR32 - Image 1
Allington Smith Close, Oulton Broad NR32 - Image 2
Allington Smith Close, Oulton Broad NR32 - Image 3

Allington Smith Close, Oulton Broad NR32

East of England

£325,000
Listed on 19/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1356 sqft

Description

This expansive property, formerly used as an NHS building, is situated in a respected area of Oulton Broad and offers significant renovation and investment potential. With ample space throughout and positioned on a generous plot within a tranquil residential cul-de-sac, this property provides a unique opportunity for those looking to embark on a transformative project. Its existing layout and dimensions allow for considerable customization, making it ideal for buyers aiming to craft a personalized family home. The ground floor features two sizable reception areas that have been utilized as offices but can easily be reimagined as living or dining spaces. A central hallway connects these areas and includes practical storage solutions along with a convenient ground-floor WC. The kitchen, located at the front of the property, is equipped with basic units and work surfaces while offering ample opportunity for reconfiguration to suit modern culinary needs. Upstairs, the first floor accommodates four spacious bedrooms that flood with natural light, perfect for creating comfortable family quarters. A full bathroom complete with bath and wash basin is complemented by an additional separate WC, enhancing functionality. Additionally, there is a substantial storage room that could be repurposed according to contemporary requirements. Externally, the property boasts good-sized garden areas ripe for landscaping or potential extensions pending planning approval. With driveway space available and its proximity to local schools, shops, and public transport options, this location strikes an excellent balance between convenience and opportunity. Investors or buyers looking for a project will find this unique property valuable due to its ability to accommodate extensive renovations aimed at enhancing both comfort and aesthetic appeal. The Oulton Broad area remains sought after for its scenic waterways, community vibe, and easy access to amenities—qualities that add further desirability for future homeowners or renters alike. For prospective buyers considering alterations or renovations, it’s advisable to conduct thorough checks regarding the property's condition as well as any necessary permissions or planning consents prior to proceeding. This freehold property is connected to mains water and electricity; further details about council tax can be provided upon inquiry. In summary, this distinctive residence presents a rare chance not only to invest in a promising location but also to create a personalized living space tailored exactly to one's vision.

Investment Analysis

(NR32 area)

Below Market Value

This property is priced -1.2% below area average per sq ft

-1.2%
Potential saving
This Property
£240/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£190
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£361,862
10% above area average per sq ft
Potential ROI
-14.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on NR32 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

Allington Smith Close, Oulton Broad NR32
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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