Worst House on the Street Logo
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 1
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 2
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 3
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 4
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 5
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 6
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 7
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 8
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 9
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 10
Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ - Image 11

Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ

East of England

£375,000
Listed on 03/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This Grade II listed thatched cottage, known as Forge Cottage, presents a unique opportunity for renovation and investment. Set on a generous plot of approximately 0.4 acres, the property features a main house along with significant outbuildings, including an old village forge and a former school house. Each structure offers considerable potential for modernization and adaptation, potentially allowing for the creation of separate dwellings or ancillary accommodation, subject to the necessary planning permissions. Having been owned by the same family for over 40 years, this property reflects a deep-rooted history in the community. The charm of being one of only two thatched cottages in the village adds to its distinctive character. While the cottage itself requires modernisation, its traditional features provide a solid foundation upon which to build. Located in Mulbarton, this property benefits from being part of a vibrant village community equipped with essential amenities such as a primary school, doctor’s surgery, and a Co-op supermarket. Local dining options include takeaways and a welcoming public house as well as historic sites like the 14th-century church. The proximity to Norwich—approximately six miles away—offers access to an array of cultural venues, shopping centers, and educational institutions. Norwich serves not only as a regional hub for business but also enhances lifestyle options with its diverse range of restaurants and an airport providing both domestic and international flights. The accommodation includes an inviting kitchen/breakfast room, dining room, sitting room, snug area, bathroom/WC on the ground floor, along with three bedrooms on the first floor. The extensive outbuildings amounting to 2,425 square feet (225 square meters) further enrich the investment potential of this property by offering numerous possibilities for redevelopment or enhancement to suit various needs. Overall, Forge Cottage encapsulates both historical charm and investment promise within a desirable location. Its renovation potential makes it an attractive option for developers or investors looking to capitalize on its unique features while contributing to the architectural landscape of Mulbarton.

Investment Analysis

(NR14 area)
Area Average
£313/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NR14)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -8.7%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on NR14 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

Forge Cottage, Norwich Road, Bracon Ash, Norwich, NR14 8JJ
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE