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Broadwater Way, Horning NR12 - Image 1
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Broadwater Way, Horning NR12

East of England

£300,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1141 sqft

Description

This three-bedroom detached bungalow presents a valuable investment opportunity in the desirable village of Horning, located in the scenic Broadland area. The property is positioned conveniently close to the River Bure and local amenities, making it an attractive choice for those looking to capitalize on its potential. While the bungalow offers a generous amount of space, it does require comprehensive refurbishment and modern updates throughout to fully realize its capabilities. Key features include gas central heating, double-glazed windows, and a private garden with a favorable south-southwest aspect. The internal layout includes an entrance hall leading to various living spaces, including a lounge/diner with charming parquet flooring and an L-shaped design, along with three well-sized bedrooms and both bathroom and WC facilities. Outside, there is ample driveway parking leading to a garage and additional storage options within the garden area. Given no onward chain, this property is ripe for renovation in a sought-after location.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -14.6% below area average per sq ft

-14.6%
Potential saving
This Property
£263/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£386,571
10% above area average per sq ft
Potential ROI
+10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -3.4%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on NR12 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

Broadwater Way, Horning NR12
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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
£1,099
Based on a loan of £225,000 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