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Gressenhall

East of England

£400,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1066 sqft

Description

Nestled on a substantial 0.33-acre plot, this property offers an inviting blend of peaceful rural life and functional family living, presenting a unique opportunity for those interested in creating their dream home. Located in a tranquil corner of a friendly Norfolk village, the property is within easy walking distance to local amenities and a charming pub, yet maintains a sense of privacy and seclusion. The interior features a thoughtful layout suited for contemporary family needs, with three spacious double bedrooms that can accommodate family members, guests, or serve as dedicated office spaces. The principal bedroom benefits from an en-suite shower room, while an additional bathroom on the ground floor adds versatility for families or multi-generational living arrangements. At the heart of the home is the airy triple-aspect sitting room that floods with natural light and offers picturesque views of the expansive garden, setting a serene backdrop for daily life. The large plot not only ensures privacy but also opens up exciting possibilities for expansion or development (subject to planning permission), whether you envision adding another dwelling or creating an idyllic garden retreat. The property also includes outbuildings and a garage that enhance its utility—providing excellent storage options or workshop space that could be tailored to suit hobbies or creative pursuits. This home represents more than just living space; it embodies potential and lifestyle opportunities within the welcoming village atmosphere of Gressenhall, renowned for its historical charm and community spirit. With notable local attractions such as The Gressenhall Farm and Workhouse Museum nearby, alongside ample outdoor activities in surrounding nature reserves, this location strikes a harmonious balance between country living and accessibility to urban conveniences.

Investment Analysis

(NR20 area)

Above Market Value

This property is priced +30.1% above area average per sq ft

+30.1%
This Property
£375/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£338,236
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on NR20 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

Gressenhall
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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
£1,465
Based on a loan of £300,000 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