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Kirstead Green, Kirstead, Norwich, Norfolk, NR15

East of England

£600,000

Listed on 28/05/2026

Property Details

Bedrooms
5
Type
Bungalow
Area
2105 sqft

Description

Situated in the tranquil hamlet of Kirstead Green, this adaptable chalet-style residence set on nearly half an acre presents significant potential for renovation and investment. Known as The Kerries, the property offers over 2100 sq.ft. of living space with the flexibility to cater to a variety of living arrangements or working scenarios. Currently designed with up to five bedrooms including a private principal suite, the layout allows for easy reconfiguration to meet individual needs—ideal for families or those requiring dedicated home office spaces. The heart of the home is a well-appointed kitchen that flows into a breakfast room, alongside a spacious sitting room and formal dining area that enhance entertaining capabilities. The distinct potential for modernization in these areas could significantly elevate both functionality and style. Outside, mature gardens provide privacy and space, complemented by extensive driveway parking suitable for multiple vehicles or recreational equipment. A large terrace extends the living area outdoors, perfect for enjoyable gatherings during warmer months. A key highlight is the substantial detached studio, formerly a double garage, which offers versatility as it already features a shower room. With some creative vision, this space could easily be transformed into guest accommodation, an office suite, or additional living quarters, subject to necessary permissions. With its combination of generous accommodation, abundant outdoor space, and investment opportunities within one of South Norfolk's scenic rural settings, The Kerries represents an enticing prospect for those looking to create their ideal family home while benefiting from the region's amenities nearby.

Investment Analysis

(NR15 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£285/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£277
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£702,986
10% above area average per sq ft
Potential ROI
+6.5%
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
10%
Properties sold annually

Local Market Trend (NR15)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -4.7%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on NR15 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

Kirstead Green, Kirstead, Norwich, Norfolk, NR15
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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
£2,141
Based on a loan of £450,000 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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