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Sydney Road, Spixworth, Norwich NR10

East of England

£270,000

Listed on 19/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
561 sqft

Description

This detached bungalow, set on a generous 0.15 acre plot in Spixworth, presents a compelling opportunity for renovation or redevelopment. The property features solar panels and a recently upgraded roof, adding to its appeal. With a simple layout comprising two bedrooms, a living room, kitchen, bathroom, and hallway, there is significant potential for reconfiguration or expansion to maximize the living space. Notably, similar homes in the area have been successfully transformed, establishing a positive precedent for future projects (subject to planning permissions). It's important to note that this bungalow is constructed with single skin walls, which may require careful consideration before proceeding with enhancements. This offering is ideally suited for investors or homeowners looking to create their vision in one of Norfolk's desirable villages, rich with community spirit and local amenities.

Investment Analysis

(NR10 area)

Above Market Value

This property is priced +62.8% above area average per sq ft

+62.8%
This Property
£481/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£182,476
10% above area average per sq ft
Potential ROI
-47.9%
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
10%
Properties sold annually

Local Market Trend (NR10)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -9.8%
5 year growth: +6.6%
Investment Disclaimer: Analysis based on NR10 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

Sydney Road, Spixworth, Norwich NR10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

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