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Woodrising Road, Cranworth, THETFORD

East of England

£325,000
Listed on 25/03/2026

Property Details

Bedrooms
6
Type
Character Property
Area
2532 sqft

Description

This six-bedroom detached cottage, rich in historical charm, is situated in a tranquil rural village of Norfolk, offering a fantastic opportunity for renovation and investment. The property boasts spacious living areas spread across two staircases, along with three bathrooms, making it suitable for families or multi-generational living. While the interior requires comprehensive refurbishment to bring it up to modern standards, there is significant potential for enhancing the existing layout or even extending the property with appropriate planning permissions. Outside, you'll find ample off-road parking and a generous garden space that backs onto picturesque meadow views – perfect for recreational activities. Located about 8 miles from Dereham, this cottage combines rural serenity with accessibility to local amenities, making it an appealing choice for those seeking a project in a beautiful setting.

Investment Analysis

(IP25 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£128/sq ft
Area Average
£264/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£735,432
10% above area average per sq ft
Potential ROI
+73.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -5.9%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on IP25 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

Woodrising Road, Cranworth, THETFORD
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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
£1,172
Based on a loan of £243,750 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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