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Frankfort, Sloley, Norwich

East of England

£220,000

Listed on 27/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
872 sqft

Description

This quaint brick and flint cottage is nestled within the picturesque village of Sloley in North Norfolk, set on a generous plot of approximately 0.11 Ha (0.27 acres) that features established gardens and a spacious driveway. Although it requires comprehensive renovation throughout, the property comes with the advantage of approved planning permission for an extensive extension, enabling transformation into a contemporary three-bedroom family home. The proposed design encompasses a modern kitchen/dining area, a separate living room, utility space, and a principal bedroom complete with an ensuite, presenting an exceptional opportunity for those seeking to invest in a project with significant potential. Given its unique features and desirable location, this offering is ideal for builders, investors, or individuals looking to create their dream home in a tranquil setting.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£252/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£292,412
10% above area average per sq ft
Potential ROI
-5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +8.5% over the last 12 months
3 year growth: +2.3%
5 year growth: +12.8%
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

Frankfort, Sloley, Norwich
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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
£785
Based on a loan of £165,000 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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