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College Drive, Heacham, King's Lynn, Norfolk PE31 - Image 1
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College Drive, Heacham, King's Lynn, Norfolk PE31

East of England

£200,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow

Description

This two-bedroom bungalow presents a promising investment opportunity, set against the serene backdrop of a duck pond. The property is well-structured yet requires modernization throughout to fully unlock its potential as a charming main residence or vacation home. A welcoming entrance hall connects to an expansive lounge/diner, which offers abundant natural light and ample space for both relaxation and dining. The kitchen is equipped with functional units and work surfaces, creating sufficient storage and preparation areas. Notably, a recently installed boiler enhances energy efficiency. The accommodation includes a comfortable double bedroom and a versatile second bedroom suitable for guests, a home office, or a nursery. The bathroom is fitted with a standard white three-piece suite. Access the garden through the conservatory or garage, where you can enjoy views over the tranquil surroundings. Externally, off-road parking is available via the driveway leading to a single garage, while the rear garden showcases an appealing position complemented by a timber summer house—perfect for leisurely afternoons.

Investment Analysis

(PE31 area)
Area Average
£344/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by -7.0% over the last 12 months
3 year growth: -7.2%
5 year growth: +1.4%
Investment Disclaimer: Analysis based on PE31 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

College Drive, Heacham, King's Lynn, Norfolk PE31
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£708
Based on a loan of £150,000 over 30 years at 3.91% 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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