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School Road, FRETTENHAM, Norwich, NR12 - Image 1
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School Road, FRETTENHAM, Norwich, NR12

East of England

£250,000
Listed on 19/03/2026

Property Details

Bedrooms
5
Type
Plot

Description

This building plot in Frettenham presents a unique opportunity for investors or self-build enthusiasts to design and construct a spacious five-bedroom detached home. With full planning permission already granted, the approved plans outline a well-thought-out layout that includes various living spaces such as an open-plan kitchen/dining area, a separate sitting room, and a flexible fifth bedroom or study. The first floor is designed to accommodate four generously sized bedrooms, including a principal suite with its own en-suite bathroom. The plot also allows for ample outside space, featuring parking provisions and a cart shed, making it an attractive option for families seeking to create a customized residence tailored to personal preferences. Moreover, the property is strategically located with easy access to Norwich and the Northern Distributor Road (NDR), ensuring connectivity while still benefiting from the tranquility of village life. In addition to the construction aspect, prospective buyers should be aware of the Community Infrastructure Levy (CIL) of £18,354.33 payable upon development. Note that services will need to be connected, as mains gas is not available at this site. This project represents an appealing chance for those looking to invest in property development within a desirable East of England location.

Investment Analysis

(NR12 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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
34%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +4.8% over the last 12 months
3 year growth: -2.2%
5 year growth: +12.6%
Investment Disclaimer: Analysis based on NR12 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

School Road, FRETTENHAM, Norwich, NR12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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