The Street, Sporle
LO

The Street, Sporle

By Longsons

£ 425,000

Reviews

3 out of 5 stars

Longsons says ..

Four bedroom detached bungalow situated on a generous plot of land offering huge potential in the popular village of Sporle. The property requires full updating and modernising, but with the size of the gardens, the potential within this property is immense. Viewing highly recommended

Property Oracle says ..

This four-bedroom detached bungalow in Sporle, Norfolk, presents a unique opportunity with substantial potential but also significant drawbacks. The property’s biggest asset is its generous plot of land, providing ample space for gardening, potential extensions, or even subdivision (subject to planning permission). The village location offers a peaceful rural setting with a primary school nearby, although its Ofsted rating of ‘requires improvement’ is something potential buyers should consider. However, the significant renovation needed throughout the property represents a substantial undertaking. The interior images show dated features, cosmetic damage and even signs of structural concerns. This requires a considerable financial investment to bring the property to a livable, modern standard. The listing price of £425,000 needs careful consideration. While the land value increases the overall cost, the extent of renovation needed and comparison to recently renovated properties in the area suggests that the property may be somewhat overpriced. Ultimately, this property is ideal for buyers who are comfortable with large-scale renovation projects and see the potential of the large plot of land. Buyers should budget appropriately for the extensive work required and conduct a thorough survey before proceeding.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
6
Land
8
Bedrooms
4
Bathrooms
1
Sqft (est)
1,556.46

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
617,647.00 £
Increased by 53.20 %
from 403,167.00 £
Est sale value
306,622.62 £
Decreased by 50.87 %
from 624,140.46 £
Average area rental value
1,200.00 £/mo
Increased by 26.32 %
from 950.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.33 %
Decreased by 17.67 %
from 2.83 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Longsons marked this listing as sold.

  • Longsons created the listing.

Nearby Schools

NameTypeOfstedDistance
Sporle Church Of England Primary AcademyAcademy Sponsor LedRequires improvement0.35 KM
Great Dunham Primary SchoolAcademy Converter4.97 KM
Sacred Heart Catholic Voluntary Aided Primary SchoolVoluntary Aided School5.43 KM
Heartwood Cofe Vc Primary & Nursery SchoolVoluntary Controlled SchoolGood5.65 KM
Necton Va Primary SchoolVoluntary Aided SchoolRequires improvement5.66 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Southacre Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Street, Sporle £ 425,000BUY6 / 100.00 KM
The Street, Sporle, King's Lynn £ 190,000BUY6 / 100.32 KM
The Street, Sporle, King's Lynn, PE32 2DS £ 425,000BUY7 / 100.49 KM
7 Priory Place, Sporle, Norfolk, PE32 2DT £ 85,000BUY5 / 100.56 KM
Dunham Road, Sporle, Norfolk £ 390,000BUY6 / 100.58 KM

Nearby Properties

AddressPriceDistance
124 The Street £ 163,0000.32 KM
46 The Street £ 122,0000.32 KM
54 The Street £ 375,0000.32 KM
68 The Street £ 222,5000.32 KM
60 The Street £ 100,5000.32 KM