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Bylaugh

East of England

£250,000
Listed on 22/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1028 sqft

Description

Nestled in the serene hamlet of Bylaugh, Park Farm Cottages presents a unique opportunity for those looking to invest in a property with significant renovation potential. With expansive views over the surrounding countryside, this residence offers not only a peaceful retreat but also the chance to customize and expand according to your vision, pending necessary planning permissions. The location strikes an appealing balance between rural tranquility and convenient access to nearby market towns, making it attractive for both personal use and rental opportunities. The property features a traditional layout that includes two versatile reception rooms on the ground floor, suitable for various configurations such as living, dining, or home office spaces. The existing floor plan allows for creative reimagining and modernization, providing an excellent blank canvas for prospective buyers. Upstairs are two comfortably sized bedrooms with ample storage solutions that cater well to individuals or small families. Offered chain-free, Park Farm Cottages stands as a promising prospect within this beloved rural community, ideal for those seeking both comfort and investment potential. Bylaugh itself is a charming village set amidst beautiful Norfolk landscapes, known for its rich history highlighted by landmarks like Bylaugh Hall. This scenic area offers local amenities including a friendly pub and access to outdoor pursuits along the River Wensum. Just a short distance from larger towns such as Dereham and Norwich, this property not only promises a peaceful lifestyle but also easy connectivity to urban amenities.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -15.7% below area average per sq ft

-15.7%
Potential saving
This Property
£243/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£326,179
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
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

Bylaugh
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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
£916
Based on a loan of £187,500 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