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St. Edmunds Rise, Taverham NR8 - Image 1
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St. Edmunds Rise, Taverham NR8

East of England

£325,000
Listed on 01/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
904 sqft

Description

This 3-bedroom detached bungalow is situated in a peaceful residential area, presenting an excellent opportunity for prospective buyers to customize the space to meet their personal tastes. With two spacious double bedrooms and a single bedroom, this home includes a well-proportioned kitchen/diner, a garage, and generous off-road parking. The potential for extending or converting the loft allows for further enhancement of the living space, which is ideal for families or investors looking to maximize their investment. The property also features a sizable private rear garden, fully enclosed for privacy and offering ample room for outdoor improvements or landscaping projects. Close to local amenities and schools, it provides both convenience and adaptability for future needs in a tranquil setting.

Investment Analysis

(NR8 area)

Above Market Value

This property is priced +19.2% above area average per sq ft

+19.2%
This Property
£360/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£256
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£300,010
10% above area average per sq ft
Potential ROI
-17.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (NR8)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -0.2%
5 year growth: 18.9%
Investment Disclaimer: Analysis based on NR8 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

St. Edmunds Rise, Taverham NR8
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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