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Watton Road, Colney, Norwich, Norfolk, NR4

East of England

£1,650,000
Listed on 23/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
4328 sqft

Description

This exceptional Grade II listed 18th-century rectory offers a fascinating blend of historic elegance and modern potential. With its classic Dutch gables and an array of original features, including sash windows, period fireplaces, and exposed timber beams, this property stands out as a unique investment opportunity. Nestled in 2.16 acres of stunning gardens with approximately 100m of River Yare frontage, it provides private fishing rights and a tranquil atmosphere, making it ideal for those who appreciate nature. The interior layout is expansive yet versatile, featuring multiple reception rooms that can be reimagined to suit contemporary living styles. Additionally, the unconverted coach house presents significant development potential—previous planning permission was granted for a conversion into a holiday let—which could enhance the property's appeal further or create additional revenue streams. While the property retains its historic charm, some areas would benefit from refurbishment to maximize its use and value, making it an exciting canvas for refurbishment enthusiasts.

Investment Analysis

(NR4 area)

Above Market Value

This property is priced +14.7% above area average per sq ft

+14.7%
This Property
£381/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£429
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,582,014
10% above area average per sq ft
Potential ROI
-12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR4)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -3.4%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on NR4 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

Watton Road, Colney, Norwich, Norfolk, NR4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,887
Based on a loan of £1,237,500 over 30 years at 3.97% 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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