Broad Reaches, Ludham
BY

Broad Reaches, Ludham

By Bycroft Estate Agents

£ 400,000

Reviews

3 out of 5 stars

Bycroft Estate Agents says ..

**VENDOR HAS FOUND** GUIDE PRICE £400,000-£425,000 Bycroft Estate Agents are delighted to offer this beautifully updated four bedroom bungalow, nestled in a quiet village and epitomises flexible family living. Located in the highly desirable Broadland village of Ludham, the property bo...

Property Oracle says ..

This property is a 4-bedroom, 2-bathroom detached bungalow situated in Ludham, Norfolk. The location benefits from being relatively close to Ludham Primary School and Nursery (rated ‘Good’ by Ofsted), making it attractive to families. The proximity to Acle train station (8.49km) offers a transport link, albeit at a distance. The property itself appears to be in good condition, with a modern kitchen and updated bathrooms visible in the provided images. The garden is a significant feature, offering a substantial outdoor space with a patio area, pergola, and greenhouse. This is a considerable advantage.

The list price of £400,000 is noteworthy when compared to the average price of £626,000 for the area. However, the average property size in the area is significantly larger (1154 sqft vs 465 sqft). Considering this, and the fact that comparable properties on Broad Reaches are listed at similar or slightly higher prices, the list price appears reasonable for a smaller property in good condition with a large garden.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
9
Bedrooms
4
Bathrooms
2
Sqft (est)
465.00

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
460,952.00 £
Increased by 10.83 %
from 415,895.00 £
Est sale value
165,075.00 £
Increased by 29.56 %
from 127,410.00 £
Average area rental value
1,500.00 £/mo
Increased by 12.11 %
from 1,338.00 £/mo
Est letting value
465.00 £/mo
from 0.00 £/mo
Est rental Yield
3.90 %
Increased by 1.04 %
from 3.86 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Bycroft Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Ludham Primary School And NurseryCommunity SchoolGood1.14 KM
Catfield Voluntary Controlled Cofe Primary SchoolVoluntary Controlled SchoolGood3.00 KM
Fairhaven Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood5.21 KM
Sutton Cofe Vc Infant SchoolVoluntary Controlled SchoolGood5.76 KM
Horning Community Primary SchoolCommunity SchoolGood5.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lovers' Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Acle7286ACL8.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Broad Reaches, Ludham, GREAT YARMOUTH £ 425,000BUY7 / 100.00 KM
Broad Reaches, Ludham £ 400,000BUY7 / 100.00 KM
Broad Reaches, Ludham £ 400,000BUY7 / 100.17 KM
Norwich Road, Ludham £ 400,000BUY7 / 100.23 KM
Ashurst, Lovers Lane, Ludham, Norfolk £ 350,000BUY7 / 100.24 KM

Nearby Properties

AddressPriceDistance
28 Broad Reaches £ 205,0000.00 KM
10 Broad Reaches £ 192,0000.00 KM
6 Broad Reaches £ 235,0000.00 KM
36 Broad Reaches £ 200,0000.00 KM
22 Broad Reaches £ 196,0000.00 KM