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The Street, Old Costessey NR8

East of England

£200,000
Listed on 27/03/2026

Property Details

Bedrooms
3
Type
Cottage

Description

This three-bedroom cottage presents an excellent opportunity for those looking to invest in a renovation project. Currently in need of complete refurbishment, the property has the potential to be transformed into a charming home that could achieve a market value between £275,000 and £285,000 upon completion. A preliminary estimate suggests that renovation costs could be around £70,000, making it a worthwhile endeavor for buyers seeking to add significant value through thoughtful upgrades.

Investment Analysis

(NR8 area)
Area Average
£307/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR8)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -2.4%
5 year growth: +15.9%
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

The Street, Old Costessey NR8
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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
£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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