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North Walsham Road, Coltishall, North Norfolk - Image 1
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North Walsham Road, Coltishall, North Norfolk

East of England

£500,000
Listed on 10/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
969 sqft

Description

Nestled on approximately 1.25 acres (STMS), this detached bungalow on the outskirts of the desirable village of Coltishall presents an exceptional opportunity for transformation. Built in the 1960s, this well-positioned property enjoys a strategic location at the village entrance, balancing privacy with accessibility. The current layout spans two floors and includes spacious living areas as well as multiple bedrooms and a family bathroom, providing a versatile base that can be refurbished or reconfigured to suit modern needs. Significantly, planning permission has been granted to reinvent the existing structure into a contemporary four-bedroom detached bungalow, making it an appealing prospect for buyers looking to create a bespoke residence tailored to their lifestyle. The expansive grounds enhance the property’s allure, offering considerable outdoor space with two outbuildings and additional sheds that could serve various purposes such as workshops or storage. There is also ample parking available at the front. This property represents a compelling project for those interested in either moderate refurbishment or more ambitious redevelopment. Its unique location and generous plot size make it an attractive investment option in a well-connected rural setting.

Investment Analysis

(NR12 area)

Above Market Value

This property is priced +70.9% above area average per sq ft

+70.9%
This Property
£516/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£321,849
10% above area average per sq ft
Potential ROI
-45.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +5.6% over the last 12 months
3 year growth: -1.7%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on NR12 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

North Walsham Road, Coltishall, North Norfolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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