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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 freehold property in the heart of Banham, Norfolk, presents an intriguing blend of commercial and residential opportunities. Comprising a well-established post office alongside a retail shop and a spacious 3-4 bedroom family home, this Grade II listed building offers considerable renovation potential. With about 3,922 sq ft of usable space, there’s ample room to enhance both the business and living areas. The post office benefits from a solid local customer base and significant foot traffic due to its prime location near Banham Zoo, which attracts many visitors annually. The surrounding environment shows no direct competition, indicating a stable growth opportunity for the incoming owner-operator. The commercial section is characterized by a bright retail area complemented by the operational post office at the rear, along with internal storage space that could be reimagined as additional retail or office area. Notably, an accessible cobbled cellar might serve further storage needs or even potential expansion. The residential part includes well-sized bedrooms with possibilities for attic conversion into further living space or recreational use. The property's exterior features a courtyard suited for parking or personal enjoyment, while versatile outbuildings totaling approximately 1,127 sq ft present opportunities for conversion into additional accommodation or workspaces (subject to planning permission). This property holds considerable promise for reinvigoration and expansion aimed at capitalizing on community needs and local tourism.

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

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£
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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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