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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

Presenting a distinctive opportunity for development, this property includes an end-terraced three-bedroom cottage and a former hatchery with existing planning permissions. The cottage has received approval for a double-storey extension, which will transform it into a spacious four-bedroom family home complete with multiple living areas, an open-plan kitchen/dining space, utility room, and en-suite facilities. Set within an expansive 1.22-acre plot (subject to survey), the site also holds permission for the construction of two detached three-bedroom bungalows, each featuring modern amenities and private parking. The village of Bawburgh, known for its picturesque setting by the River Yare, offers close proximity to Norwich city center and essential services including shops, schools, and recreational facilities. This is not only a chance to renovate an existing structure but also an exciting investment to exploit the full potential of this generous land parcel.

Investment Analysis

(NR9 area)

Above Market Value

This property is priced +130.6% above area average per sq ft

+130.6%
This Property
£721/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£55,000 - £80,000
Target Value
£262,365
10% above area average per sq ft
Potential ROI
-58.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR9)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -5.9%
5 year growth: +3.6%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 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

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