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Mundesley Road, Paston, NR28 - Image 1
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Mundesley Road, Paston, NR28

East of England

£450,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1421 sqft

Description

Located in a charming semi-rural area, this family residence presents an excellent opportunity for renovation and investment. The ground floor features an inviting entrance porch and a spacious hallway leading to a bright lounge, designed to be the heart of the home with its wood-burning stove, perfect for cozy evenings. The kitchen offers ample workspace and storage, open to a dining area and sunroom with views of the private rear garden, creating a versatile layout ideal for refurbishment. Additionally, a utility room and ground-floor cloakroom enhance practicality. On the upper level, you will find three generously-sized bedrooms that benefit from appealing field views, along with a family bathroom equipped with both a bath and separate shower. Externally, the property includes a detached outbuilding featuring its own reception space, kitchen, and shower room. This area could serve as guest accommodation or potentially an Airbnb venture—subject to necessary permissions. Outside, the established garden includes lawn areas and various outbuildings providing additional storage options. Located on Mundesley Road, this property strikes a balance between rural tranquility and convenient access to local amenities in North Walsham and Mundesley Beach. The surrounding village of Paston is steeped in history and offers scenic walking routes while being close to vibrant coastal attractions like Cromer and Sheringham.

Investment Analysis

(NR28 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£317/sq ft
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£452,986
10% above area average per sq ft
Potential ROI
-11.2%
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
104%
Properties sold annually

Local Market Trend (NR28)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -3.4%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on NR28 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

Mundesley Road, Paston, NR28
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 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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