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The Old School Room, Crostwick, NR12 - Image 1
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The Old School Room, Crostwick, NR12

East of England

£175,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This unique former schoolhouse, believed to have been constructed in 1849, presents an exceptional opportunity for renovation and investment. Characterized by its Tudor-style architecture, the property features distinct period elements such as ornate drip window mouldings, a gracefully arched porch entrance, and a prominent date stone on the north gable. While the building has not been in active use since the school closed in 1913 and currently serves as storage, it retains much of its historical charm. Nestled away from the main road along a tranquil lane, this property enjoys a serene rural ambiance while still being conveniently located near essential amenities. This setting could provide an ideal backdrop for those looking to create a peaceful retreat or a family home. Significantly, full planning permission has been secured for converting this historic structure into a modern detached single-storey dwelling. The proposed design envisions two ample bedrooms, two bathrooms, an inviting lounge area, dining space, and a contemporary kitchen—allowing for a harmonious blend of classic character with modern living conveniences. For potential buyers interested in undertaking a renovation project that embodies both history and personal touch, this property offers substantial promise. The scope of the renovations allows for creativity in creating bespoke living spaces tailored to your vision. It is advisable for interested parties to conduct independent inquiries to fully understand the property's condition, planning permissions, boundaries, and any other pertinent factors that may influence their purchase decision.

Investment Analysis

(NR12 area)
Area Average
£308/sq ft
Avg Rent (weekly)
£254
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -3.4%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on NR12 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

The Old School Room, Crostwick, NR12
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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
£641
Based on a loan of £131,250 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