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Cake Street, Old Buckenham, NR17 - Image 1
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Cake Street, Old Buckenham, NR17

East of England

£550,000
Listed on 17/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1254 sqft

Description

This distinctive residence, believed to have origins around 1840, combines classic charm with modern adaptability, reflecting a pastoral lifestyle. The property has undergone various transformations; notably, the rear was extended in the late 1970s and the front section was meticulously reconstructed in 2003 after a fire incident. While currently a comfortable living space, there is significant potential for further enhancement or expansion, supported by previously granted planning permission in 2022 (which has since lapsed). Internally, the home benefits from an efficient flow that caters well to both everyday living and entertaining, while externally it excels with multiple outbuildings and a detached garden room—ideal for remote work or as additional leisure space. This property offers a unique opportunity for buyers looking to invest in a home that not only serves today’s needs but also allows for future growth and personalization.

Investment Analysis

(NR17 area)

Above Market Value

This property is priced +46.4% above area average per sq ft

+46.4%
This Property
£439/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£413,199
10% above area average per sq ft
Potential ROI
-30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (NR17)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -2.4%
5 year growth: +10.4%
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

Cake Street, Old Buckenham, NR17
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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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