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Norwich Road, Shotesham St. Mary, Norwich, Norfolk, NR15 - Image 1
Norwich Road, Shotesham St. Mary, Norwich, Norfolk, NR15 - Image 2
Norwich Road, Shotesham St. Mary, Norwich, Norfolk, NR15 - Image 3
Norwich Road, Shotesham St. Mary, Norwich, Norfolk, NR15 - Image 4
Norwich Road, Shotesham St. Mary, Norwich, Norfolk, NR15 - Image 5

Norwich Road, Shotesham St. Mary, Norwich, Norfolk, NR15

East of England

£650,000
Listed on 14/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2457 sqft

Description

Nestled in one of Norfolk’s most charming villages, this converted barn, Oak Tree Barn, presents an attractive opportunity for those looking to invest in a property with significant potential. Set back in a peaceful enclave shared by just a few other residences, this home combines the tranquility of rural living with the conveniences of Norwich city center within easy reach. The property boasts impressive parking options, including a double garage that not only provides excellent storage but also offers potential for conversion into additional living space (subject to planning approval). Inside, the expansive layout of approximately 2500 SQ.FT features original character highlights such as vaulted ceilings and exposed beams, creating a unique ambiance throughout. The spacious hallway leads to four generously-sized double bedrooms—ideal for family living—and various bathrooms designed with modern touches. The kitchen/breakfast room embodies classic country charm with its farmhouse style and sufficient space for gatherings. Additionally, the adjacent utility room adds practicality to everyday tasks. A bright sitting room with triple-aspect views is perfect for relaxation or entertaining, complemented by direct access to the secluded garden area which offers an inviting retreat surrounded by mature greenery. With its picturesque location and lifestyle benefits, this property not only serves as a residence but also stands as a promising investment for future enhancements and personalization.

Investment Analysis

(NR15 area)

Below Market Value

This property is priced -10.9% below area average per sq ft

-10.9%
Potential saving
This Property
£265/sq ft
Area Average
£297/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£802,296
10% above area average per sq ft
Potential ROI
+7.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR15)

Area prices are rising by +8.2% over the last 12 months
3 year growth: -0.3%
5 year growth: 23.3%
Investment Disclaimer: Analysis based on NR15 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

Norwich Road, Shotesham St. Mary, Norwich, Norfolk, NR15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE