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Fletcher Close, Tunstead NR12

East of England

£250,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1227 sqft

Description

Nestled in a peaceful cul-de-sac, this detached bungalow presents an opportunity for those eager to realize their renovation ambitions. With a generous floor area of 1,227 sqft, it is offered chain-free and sits on a private plot in the heart of Tunstead. The property boasts potential for further enhancement or extension (subject to planning permission), allowing you to tailor it according to your vision. The practical 'in and out' driveway provides ample off-road parking along with an integral garage that can serve as storage or be reimagined for additional use. The interior includes a substantial 19ft open-plan living/dining area that features a fireplace, alongside a bright conservatory that overlooks the garden. A fitted kitchen, equipped with integrated appliances and an adjoining utility room with a separate WC, offers further scope for improvement. There are three well-sized bedrooms providing flexible use for various needs, along with a wet room. Venture into the rear garden which offers a tranquil outdoor space ripe for landscaping or personal touches, complemented by a newly built outbuilding ready to be transformed into a home office, studio or additional living space. This property stands as a canvas for anyone looking to invest in renovation while enjoying the tranquillity of village life.

Investment analysis

(NR12 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£204/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£267
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£411,659
10% above area average per sq ft
Potential ROI
+32.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +9.1% over the last 12 months
3 year growth: +0.1%
5 year growth: +7.5%
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

Fletcher Close, Tunstead NR12
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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
£944
Based on a loan of £187,500 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

Price History

-16.7% since listed
£250,000£40,000(-13.8%)
28/06/2026
Current price
£290,000£10,000(-3.3%)
30/05/2026
£300,000Initial listing
16/05/2026

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