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Cromer Road, Hainford

East of England

£500,000

Listed on 13/05/2026

Property Details

Bedrooms
5
Type
Chalet
Area
2178 sqft

Description

This individually designed family home in Hainford presents a unique opportunity for buyers interested in a project with significant renovation potential. Spanning over 2,100 sq ft, the substantial detached house sits on an expansive and mature plot, complete with established gardens that ensure privacy and room for enhancement. The thoughtful design accommodates five double bedrooms and multiple flexible living spaces which are conducive to modern family life. The property boasts an impressive in-and-out driveway that can easily accommodate around 13 vehicles, offering both convenience and considerable kerb appeal. A notable aspect of this residence is its extensive garden featuring a sun terrace, pergola, pond, lawns, and a productive vegetable area—all ripe for further landscaping or development. Previous planning approval for extensions and an annexe (which has since lapsed) underscores the exciting possibilities for expansion should you wish to bring your vision to life. Located within the quiet village of Hainford, the home combines rural tranquility with accessibility to nearby amenities in Norwich. Local transport links and the serene surroundings enhance its appeal as a family residence or investment opportunity for those seeking to create a bespoke living space in a desirable location.

Investment Analysis

(NR10 area)

Below Market Value

This property is priced -22.4% below area average per sq ft

-22.4%
Potential saving
This Property
£230/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£708,678
10% above area average per sq ft
Potential ROI
+20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR10)

Area prices are falling by -6.6% over the last 12 months
3 year growth: -11.0%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on NR10 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

Cromer Road, Hainford
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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
£1,784
Based on a loan of £375,000 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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