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The Green, Banham

East of England

£475,000
Listed on 26/07/2025

Property Details

Bedrooms
4
Type
Mixed Use
Area
3922 sqft

Description

This unique mixed-use freehold property presents a rare chance to invest in a thriving post office and retail shop alongside a spacious family residence in the desirable village of Banham, Norfolk. Offering approximately 3,922 sq ft of versatile space, this Grade II listed building combines business potential with residential comfort. The well-established post office, backed by strong local patronage and situated near the popular Banham Zoo, ensures consistent foot traffic and no direct competition in the area. The commercial portion features a large retail area complemented by an efficient post office setup, with additional internal storage that could be repurposed to expand current offerings or support additional functions such as office space. A cobbled cellar further enhances storage capacity. On the residential side, the property includes 3 to 4 generously-sized bedrooms and options for attic conversion to increase living space or create an office/recreation area. The generous courtyard at the rear has potential for parking or outdoor leisure while outbuildings totaling around 1,127 sq ft provide exciting opportunities for transformation into guest accommodations or workspace (subject to planning permission). This property is not just a home but also a community asset with scope for enhancing both its operational and living aspects. Viewing is highly recommended to fully appreciate its potential.

Investment Analysis

(NR16 area)

Below Market Value

This property is priced -59.8% below area average per sq ft

-59.8%
Potential saving
This Property
£121/sq ft
Area Average
£301/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,298,574
10% above area average per sq ft
Potential ROI
+125.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR16)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -6.6%
5 year growth: +2.0%
Investment Disclaimer: Analysis based on NR16 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 Green, Banham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-4.0% since listed
£475,000£20,000(-4.0%)
15/01/2026
Current price
£495,000Initial listing
25/07/2025

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