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South Green,Mattishall,Norfolk,NR20 3JZ

East of England

£250,000
Listed on 19/04/2026

Property Details

Bedrooms
3
Type
Plot
Area
892 sqft

Description

This plot presents a unique investment opportunity with full planning permission granted for the construction of a distinctive three-bedroom, three en-suite detached bungalow. Located in a sought-after area (planning reference 3PL/2020/1172/F under Breckland Council), this is an ideal chance for those wishing to design and build their ideal residence tailored to personal preferences. The approved design outlines a modern bungalow that promises functional living spaces, featuring three sizable bedrooms, each equipped with its own en-suite bathroom for optimal privacy and convenience. A spacious reception area is planned to enhance both relaxation and social gatherings, emphasizing a bright and airy open-plan layout. Additionally, the property includes a newly extended outbuilding that holds substantial potential for renovation into an extra two or three-bedroom detached dwelling, pending necessary planning approvals (STPP). This presents an attractive prospect for accommodating extended family members, generating rental income, or creating a dedicated office space. Set on approximately 0.37 acres (STMS), the generous land provides ample space for outdoor activities such as gardening and parking, while ensuring privacy and tranquility. The plot's favorable location offers easy access to essential amenities, transport links, and picturesque surroundings. This is truly an exceptional opportunity to create a custom home in a desirable neighborhood with the added advantage of possibilities for further development.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£280/sq ft
Area Average
£288/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£282,978
10% above area average per sq ft
Potential ROI
-43.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -0.3%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on NR20 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

South Green,Mattishall,Norfolk,NR20 3JZ
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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
£885
Based on a loan of £187,500 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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