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Rural Home in Scoulton Offering 0.75 Acres of Privacy and Views

East of England

£550,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1383 sqft

Description

This Grade II listed thatched cottage presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled within the tranquil village of Scoulton, Norfolk, this home occupies an expansive ¾ acre plot, offering both privacy and beautiful views of the surrounding countryside. Although the property retains charming period features typical of its historical status, it invites updates to enhance its living spaces and overall functionality. With three double bedrooms and two spacious reception rooms, the layout is well-suited for families or individuals seeking flexible work-from-home options. The generous grounds not only provide an idyllic rural retreat but also offer ample space for landscaping or further development, provided that the necessary permissions are obtained. The outbuildings add considerable value and versatility; a double bay cart shed and single garage with workshop can cater to various storage or hobby needs. An additional oak-framed garage at the bottom of the garden enhances practicality and appeal for buyers interested in outdoor projects or vehicle maintenance. Although Scoulton embodies a peaceful lifestyle surrounded by natural beauty, it remains conveniently close to local amenities found in nearby Watton and Hingham, ensuring essential services are easily accessible. This property holds great investment promise for those willing to undertake renovation work aimed at modernizing while preserving its historical character.

Investment Analysis

(NR9 area)

Above Market Value

This property is priced +28.4% above area average per sq ft

+28.4%
This Property
£398/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£242
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£471,299
10% above area average per sq ft
Potential ROI
-25.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR9)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -5.2%
5 year growth: +4.6%
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

Rural Home in Scoulton Offering 0.75 Acres of Privacy and Views
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 over 30 years at 4.45% 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

Price History

-8.3% since listed
£550,000£50,000(-8.3%)
31/05/2026
Current price
£600,000Initial listing
21/05/2026

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