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Otter Road, Swaffham PE37 - Image 1
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Otter Road, Swaffham PE37

East of England

£229,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
End Terrace
Area
1128 sqft

Description

This end-terraced 3-bedroom property presents a significant renovation opportunity, located in the desirable Swan's Nest development of Swaffham. Built by the reputable Abel Homes, this home combines energy-efficient features with a practical layout that requires updating throughout to unlock its full potential. Though it currently boasts a modern fitted kitchen with integrated appliances and an open-plan lounge/diner with French doors leading to the garden, there is ample scope for aesthetic enhancement and functionality improvements such as reconfiguring spaces or upgrading finishes. The first-floor offers a master bedroom with en suite shower room, complemented by two additional bedrooms and a family bathroom, all awaiting modernization. Off-road parking and a garage add to the practicality of this home, which also includes an enclosed rear garden ideal for landscaping or outdoor entertaining. Swaffham itself is rich in local history and community amenities, making it an appealing location for investment. With schools, shops, and public transport links nearby, this property represents both a comfortable residence and a strategic investment in the market. Viewing is recommended to fully appreciate the various possibilities for refurbishment within this space.

Investment Analysis

(PE37 area)

Below Market Value

This property is priced -25.5% below area average per sq ft

-25.5%
Potential saving
This Property
£203/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£338,304
10% above area average per sq ft
Potential ROI
+30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE37)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -10.4%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on PE37 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

Otter Road, Swaffham PE37
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£811
Based on a loan of £171,750 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.

Stamp Duty Calculator

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