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County School, North Elmham

East of England

£850,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled in the tranquil North Elmham countryside, this three-bedroom detached farmhouse presents a significant opportunity for buyers looking to invest in a property with substantial potential. Spanning approximately 7 acres, the grounds offer uninterrupted views and a serene environment, accessible via a private road. The unique location enhances its charm, particularly with nearby historical landmarks like the County School decommissioned rail station, which now serves as a museum and tea room. While the farmhouse currently demands full modernization, it provides an excellent blank canvas for those envisioning their ideal living space. There is potential to extend the property, contingent upon planning permission, which could transform it into an exceptional residence tailored to modern tastes. The surrounding farmland contributes to the rural atmosphere, and several spacious outbuildings on-site open up further possibilities for development or creative use. Additionally, a field adjoining the property leads to a river believed to be partially owned by the vendors, offering natural beauty and recreational opportunities right at your doorstep. Given the expansive land and existing structure's character, this property not only represents a home but also a lifestyle investment in peaceful rural living—ideal for both family life and entertaining. Importantly, there is also a commercial building on-site with an existing tenant on a long-term lease—adding further potential for revenue generation while you embark on your renovation journey.

Investment Analysis

(NR20 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
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

County School, North Elmham
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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
£3,114
Based on a loan of £637,500 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