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Bawburgh, Norfolk NR9

East of England

£550,000

Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
763 sqft

Description

This property presents a substantial development opportunity in Bawburgh, featuring a former hatchery alongside an existing three-bedroom end-terrace cottage. With valid planning permissions in place, you can transform this site into two detached three-bedroom bungalows and extend the cottage to create a spacious four-bedroom family home. The generous 1.22-acre plot allows for significant flexibility and expansion potential, making it ideal for renovation-focused investors. The cottage is currently equipped with LPG heating and UPVC double glazing but offers room for modernisation. The approved extension will enhance its layout, providing two reception rooms, a utility space, and en-suite facilities. Meanwhile, the former hatchery can be replaced with well-designed bungalows complete with open-plan living areas and private parking. Located just five miles from Norwich city centre, this property combines rural charm with easy access to urban amenities including shops, parks, and recreational facilities. As such, both residential and investment appeal are high for prospective buyers looking to realise the full potential of this unique site.

Investment Analysis

(NR9 area)

Above Market Value

This property is priced +132.7% above area average per sq ft

+132.7%
This Property
£721/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£260,015
10% above area average per sq ft
Potential ROI
-62.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR9)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -5.2%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on NR9 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

Bawburgh, Norfolk NR9
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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
£2,078
Based on a loan of £412,500 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.

Stamp Duty Calculator

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