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New Buckenham Road, Banham

East of England

£850,000

Listed on 18/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
2213 sqft

Description

This charming country residence offers a unique blend of character and extensive living space, making it an excellent investment opportunity. The property features a welcoming lounge complete with exposed beams and a large inglenook fireplace, which could be enhanced for modern comfort. A versatile snug or study provides additional living options, perfect for remote work or quiet evenings. At the heart of this home lies a bright and spacious open-plan kitchen, dining, and living area designed to cater to family life and entertaining needs. The contemporary kitchen is equipped with a central island and integrated appliances, while abundant natural light floods through multiple French doors leading to the gardens. Comprising five bedrooms in total—including one on the ground floor suitable for guests or multigenerational living—this property also boasts well-appointed bathrooms, including an en-suite in the main bedroom. The layout supports various possibilities for adjustment or expansion. Set within roughly an acre of land (STMS), this home enjoys picturesque countryside views, with a landscaped rear garden providing outdoor entertaining spaces around a man-made pond. Additionally, outbuildings present exciting prospects for conversion into further accommodation or an annexe, subject to planning consent. Located in Banham—a village celebrated for its community spirit—the property is conveniently positioned near local amenities and provides good transport links to nearby towns such as Norwich and Thetford. This property presents not only a charming family home but also significant renovation potential that could enhance its value significantly.

Investment Analysis

(NR16 area)

Above Market Value

This property is priced +28.7% above area average per sq ft

+28.7%
This Property
£384/sq ft
Area Average
£298/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£726,395
10% above area average per sq ft
Potential ROI
-21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR16)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -4.3%
5 year growth: +0.4%
Investment Disclaimer: Analysis based on NR16 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

New Buckenham Road, Banham
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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
£3,033
Based on a loan of £637,500 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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