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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

This detached bungalow, nestled on approximately 1.25 acres at the entrance of the desirable village of Coltishall, presents a noteworthy investment chance for those looking to create a custom family home. Originally built in the 1960s, the property features a flexible layout that includes multiple bedrooms across two levels, a sitting room, and a dining area, all ripe for redesign or enhancement to meet contemporary needs. Significantly, planning permission is in place to convert this dwelling into an expansive four-bedroom bungalow, which offers a streamlined opportunity to modernize and expand. The mature grounds provide both privacy and ample outdoor space, complemented by two outbuildings and two sheds that could serve various purposes such as workshops or additional storage. With plenty of parking available at the front, there is also potential for further development subject to necessary approvals. This property is ideally suited for buyers eager to embark on a project with real possibilities for significant transformation through either thoughtful refurbishment or more comprehensive redevelopment in an attractive rural setting.

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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)
£279
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£321,795
10% above area average per sq ft
Potential ROI
-45.5%
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
6%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +7.5% over the last 12 months
3 year growth: +0.5%
5 year growth: +11.1%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% 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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