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Salle, Norwich, Norfolk, NR10 - Image 1
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Salle, Norwich, Norfolk, NR10

East of England

£475,000
Listed on 15/03/2025

Property Details

Bedrooms
5
Type
Detached house

Description

Cherry Tree Barn presents a distinctive opportunity for those interested in renovation and property investment, set within approximately 0.8 acres of tranquil countryside. Positioned between the inviting town of Reepham and the picturesque village of Heydon, this substantial detached barn is ideally located off a quiet country lane with private access. The barn comes with a lapsed planning application that previously allowed for its transformation into a five to six-bedroom residential home, covering around 5,000 square feet of living space. While the previous consent has lapsed as of early 2024, there remains significant potential for reapplication or new plans, making this an enticing project for savvy investors or developers looking to capitalize on the area's charm. The proposed design emphasizes an open-plan living area that would be flooded with natural light, ideal for modern family living. With thoughtful considerations for space usage, the layout includes features such as a breakfast nook adjacent to the kitchen and separate areas that cater to country living essentials, including a boot room and utility space. The sleeping quarters are designed for privacy, featuring a principal suite with both dressing and en-suite facilities alongside two additional en-suite bedrooms and two further double rooms serviced by a family bathroom. Outdoor spaces are equally promising with mature boundaries and room for landscaping ideas featuring a large courtyard and wooded area. The property includes various outbuildings like an integrated wood store and double carport, which could serve multiple purposes depending on individual needs. This location combines peaceful rural surroundings with easy access to local amenities. Heydon boasts quintessential English village characteristics, highlighted by its well-maintained green spaces and local establishments such as The Earle Arms pub and Husk bakery. There's also direct access to scenic parkland owned by the Heydon Estate. Nearby Reepham offers a vibrant community atmosphere with its market square frequently hosting events like antique fairs. It provides essential services including shops, cafés, schools rated ‘Good’ by Ofsted, and connectivity options via Marriots Way—a public pathway perfect for walking and cycling. For those ready to embrace the challenges of renovation or keen on exploring investment opportunities in potential growth areas, Cherry Tree Barn offers an alluring canvas in one of Norfolk's hidden gems. Further information regarding planning applications can be provided upon request.

Investment Analysis

(NR10 area)
Area Average
£299/sq ft
Avg Rent (weekly)
£280
Avg Yield
4.3%

Renovation Potential

Est. Renovation Cost
£47,500 - £118,750
10-25% of property value
Monthly Sales
19
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (NR10)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -4.3%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on NR10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Salle, Norwich, Norfolk, NR10
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