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The Green, Banham

East of England

£475,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
3922 sqft

Description

This unique opportunity presents a freehold property combining a successful post office, retail space, and a generous family residence located in the vibrant village of Banham, Norfolk. The property benefits from a prime position, drawing both local customers and tourists due to proximity to attractions like Banham Zoo. With approximately 3,922 sq ft of versatile space, including 3-4 bedroom accommodation and various outbuildings, the potential for expansion is significant. Business operations have thrived here since 2010 under current ownership without direct competition in the vicinity. The commercial space features a well-lit retail area complemented by the post office operations at the rear, along with additional storage that could easily be adapted for further retail use or administrative functions. An inviting cobbled cellar accessible from the shop offers further utility. Included in this sale are all necessary business fixtures and fittings, providing an immediate operational setup for a new owner-operator. The adjoining residential section comprises comfortable 3-4 bedrooms, with an attic that could potentially be converted into extra living space or an office. The private courtyard at the back presents opportunities for parking or outdoor relaxation while the substantial outbuildings present exciting possibilities for conversion into additional living units, holiday rentals, or workspace (subject to planning permission). This character-filled property stands as a testament to both business viability and residential charm, making it an ideal canvas for those looking to enhance both its commercial and living aspects.

Investment Analysis

(NR16 area)

Below Market Value

This property is priced -59.4% below area average per sq ft

-59.4%
Potential saving
This Property
£121/sq ft
Area Average
£298/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,287,357
10% above area average per sq ft
Potential ROI
+123.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR16)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -4.3%
5 year growth: +0.4%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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

Price History

-4.0% since listed
£475,000£20,000(-4.0%)
16/01/2026
Current price
£495,000Initial listing
02/10/2025

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