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Norwich Road, Besthorpe

East of England

£200,000
Listed on 15/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
810 sqft

Description

This terraced cottage presents a unique opportunity for buyers seeking a project with significant renovation potential. Inside, you'll find a welcoming lounge featuring a cozy fireplace that adds character to the space. The separate dining room seamlessly connects to a conservatory, allowing for easy access to the rear garden. The galley-style kitchen at the back of the house offers functional space, though it could benefit from modernization. Upstairs, the property accommodates two generously sized bedrooms, both equipped with storage solutions, alongside a conveniently located shower room. This layout provides an excellent foundation for reimagining the living spaces and enhancing their appeal. Externally, the property is complemented by a low-maintenance front garden set in shingle, bordered by fencing and leading directly to the entrance. The enclosed rear garden features a combination of lawn and patio areas, surrounded by mature planting which can be revitalized or redesigned. An intriguing aspect of this property is the distinctive brick and flint garage with barn-style doors; this versatile space has great potential for various uses such as a home office or studio (subject to planning permission). Situated in Besthorpe, just under two miles from Attleborough, this location balances rural charm with accessibility. Residents will appreciate proximity to local amenities including supermarkets, schools at both primary and secondary levels, and leisure facilities. Excellent transportation options are available via the A11 and nearby mainline train services connecting to Norwich and Cambridge. This property stands as an ideal blank canvas for those looking to invest in renovations while enjoying a peaceful village lifestyle within reach of urban conveniences.

Investment Analysis

(NR17 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£247/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£265,607
10% above area average per sq ft
Potential ROI
+15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR17)

Area prices are falling by +5.1% over the last 12 months
3 year growth: -1.6%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on NR17 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

Norwich Road, Besthorpe
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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
£733
Based on a loan of £150,000 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