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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

Introducing a distinctive opportunity to acquire Cherry Tree Barn, a spacious detached barn set on approximately 0.8 acres of tranquil countryside, nestled between the appealing town of Reepham and the quaint village of Heydon. This property presents significant renovation potential, with a pending application for full residential conversion that could transform the barn into a generous five to six-bedroom home encompassing around 5,000 square feet of living space. The proposed design envisions an open-plan living area that serves as the heart of the home, featuring double-height ceilings that invite ample natural light. This central space is planned to seamlessly connect with a breakfast nook and informal sitting area. Practical country living is prioritized in the layout, boasting dedicated rooms such as a boot room, utility area, pantry, morning room, and even a mezzanine level above the kitchen. The arrangement emphasizes both modern functionality and traditional charm, with bedrooms thoughtfully situated at one end of the barn. The principal suite is designed to span both ground and first floors for added privacy and comfort. Externally, access is granted via a private drive leading to designated parking areas beside the barn and outbuildings. The expansive grounds provide an ideal canvas for landscaping opportunities alongside established mature boundaries and a wooded section that enhances privacy. Additional features include an integral wood store, plant room, covered games area, double carport, and storage spaces. Cherry Tree Barn is located in an unspoiled part of the countryside known for its scenic beauty. Heydon stands out with its well-preserved charm and community amenities including local shops like Husk bakery and The Earle Arms pub; it embodies an authentic English rural lifestyle. Reepham adds further appeal with its vibrant market square hosting various events throughout the year as well as essential services including educational institutions rated 'Good' by Ofsted. With planning consent recently reapplied for under Broadland District Council reference 20202209, this property not only offers potential for creating a modern family residence but also presents itself as a sound investment opportunity in an attractive market area—an excellent prospect for those looking to capitalize on rural living without compromising on access to local conveniences. For additional information or to arrange a viewing by appointment only, please reach out directly.

Investment Analysis

(NR10 area)
Area Average
£297/sq ft
Avg Rent (weekly)
£286
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NR10)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -4.3%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on NR10 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

Salle, Norwich, Norfolk, NR10
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 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