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North Green Road, Pulham Market

East of England

£70,000
Listed on 30/10/2022

Property Details

Bedrooms
1
Type
Detached house

Description

This property presents a valuable opportunity for those seeking to invest in a tranquil setting with significant potential for development. Spanning approximately 1.4 acres, the parcel is located in the picturesque village of Pulham Market, surrounded by lush fields and nature, offering an escape from the fast pace of modern life. The land is equipped with a recently installed borehole, providing a reliable water source and enhancing its suitability for various projects. While mains drainage is not currently available on-site, there is the option to negotiate for a state-of-the-art private water and waste treatment system, ideal for off-grid living solutions. Additionally, the property includes a fenced storage enclosure, offering immediate utility while you explore your options. Pulham Market and nearby Pulham St Mary are charming villages with essential amenities including schools, local shops, and dining options. The well-known "Goodies Farm Shop," famous for its high-quality local produce, adds to the appeal of this community. Harleston is also within easy reach and offers further facilities such as doctors’ offices and parks. For those considering investment or redevelopment opportunities, this parcel provides the possibility of enhancing or expanding existing structures (subject to planning permission). The surrounding area boasts ample recreational options and the added benefit of nearby towns like Long Stratton, which offers excellent transport links to Norwich and Diss. With its serene environment and convenient location, this land is ripe with potential for prospective buyers looking to either develop or create a peaceful retreat amidst South Norfolk's natural beauty.

Investment Analysis

(IP21 area)
Area Average
£310/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (IP21)

Area prices are rising by +4.4% over the last 12 months
3 year growth: 0.4%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on IP21 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

North Green Road, Pulham Market
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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
£256
Based on a loan of £52,500 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