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The Green, Banham

East of England

£475,000
Listed on 16/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3922 sqft

Description

This unique property presents an exceptional investment opportunity, combining a successful post office and retail business with an expansive family residence in the picturesque village of Banham, Norfolk. The Grade II listed building is not only a cornerstone of the community but also benefits from its prime location attracting both local residents and visitors, particularly due to proximity to Banham Zoo. Spanning approximately 3,922 sq ft, the property encompasses a well-established retail space and post office alongside a large 3-4 bedroom home. The residential area features spacious bedrooms with potential for further development, including attic conversion for additional living or recreational space. The accompanying outbuildings—totaling around 1,127 sq ft—further enhance the property's versatility. These could be transformed into extra accommodation or holiday lets, subject to planning permissions. This combination of commercial and residential features opens avenues for growth in both areas. While already operational as a thriving business, there is significant potential for enhancement through strategic renovations and expansions that could increase revenue or improve living conditions. Viewing is highly recommended to understand the full scope of this versatile property.

Investment Analysis

(NR16 area)

Below Market Value

This property is priced -60.1% below area average per sq ft

-60.1%
Potential saving
This Property
£121/sq ft
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,310,438
10% above area average per sq ft
Potential ROI
+127.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (NR16)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -7.4%
5 year growth: +3.5%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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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