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Fakenham Road, East Bilney - Image 1
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Fakenham Road, East Bilney

East of England

£350,000
Listed on 13/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1900 sqft

Description

Swanhaven presents a distinctive opportunity to acquire a four-bedroom cottage in the tranquil village of East Bilney, steeped in history as the former site of Morgan's Ales and Stout. This property beautifully merges period features with modern living, making it an excellent candidate for further enhancement. The interior boasts a cozy sitting room adorned with an exposed brick fireplace, leading to a versatile reception space that can adapt to your needs—be it a study or playroom. The kitchen offers contemporary efficiency with ample storage and integrated appliances, yet it retains a charming country style, providing a solid foundation for culinary creativity. The dining area, spacious and inviting, is perfect for family gatherings and entertaining. With the convenience of a family bathroom on the ground floor, this home provides functional living spaces ideal for families. Upstairs, each bedroom presents unique character, with possibilities to reconfigure layouts to suit modern living requirements. The presence of a contemporary shower room further enhances practicality. The outdoor space is generous and well-maintained, featuring a lawn bordered by mature shrubbery—a private sanctuary for relaxation or al fresco dining. Notably, the detached barn offers exciting potential; previously approved for conversion into a one-bedroom dwelling (subject to planning permission), it could serve various purposes such as guest accommodation or a home office. With its blend of charm and character set against the backdrop of village life and accessibility to nearby amenities in Swanton Morley and Dereham, Swanhaven is not just a residence but an investment opportunity with renovation prospects that should not be overlooked.

Investment Analysis

(NR20 area)

Below Market Value

This property is priced -36.4% below area average per sq ft

-36.4%
Potential saving
This Property
£184/sq ft
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £45,000
Target Value
£605,682
10% above area average per sq ft
Potential ROI
+53.3%
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
43%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -3.3%
5 year growth: 12.9%
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

Fakenham Road, East Bilney
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE