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Honingham, Norwich

East of England

£1,300,000
Listed on 27/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
9154 sqft

Description

Nestled discreetly within approximately four acres of tranquil grounds, this established farmhouse offers an intriguing opportunity for renovation enthusiasts and investors alike. Greenacres Farm stands as a testament to enduring charm, blending period character with potential for modernization. Its unique location in the picturesque village of Honingham strikes a balance between secluded rural living and easy accessibility to Norwich, making it a compelling choice for those looking to enhance their residential portfolio. The property comprises spacious reception areas and five well-proportioned bedrooms, all illuminated by natural light and thoughtfully designed for both comfort and practicality. The open-plan kitchen at the heart of the home is primed for contemporary updates, while the two converted barns currently serving as successful holiday lets present an immediate income-generating opportunity. Furthermore, a range of unconverted outbuildings provides added potential for conversion or expansion (subject to planning), tapping into the area's strong demand for diverse accommodation options. Surrounded by lush gardens and paddocks, Greenacres Farm not only promises privacy but also invites creativity in redefining its spaces. The current layout allows for seamless family living while offering room for enhancement, whether it's revamping existing features or taking full advantage of its extensive outdoor areas. With the right vision, this property can become a remarkable investment that harmonizes modern conveniences with its idyllic rural surroundings.

Investment Analysis

(NR9 area)

Below Market Value

This property is priced -54.7% below area average per sq ft

-54.7%
Potential saving
This Property
£142/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£3,154,743
10% above area average per sq ft
Potential ROI
+122.2%
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 (NR9)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -6.1%
5 year growth: +3.4%
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

Honingham, Norwich
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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
£4,638
Based on a loan of £975,000 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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