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Witton Green, Reedham, Norwich

East of England

£490,000

Listed on 23/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1988 sqft

Description

This detached chalet-style home, conceived by a Norwegian architect and constructed in 1988, presents a unique opportunity for renovation and investment. Set on a generous 0.23-acre plot in a tranquil rural landscape, the property features around 1,980 sq. ft of flexible living space that allows for creative reconfiguration. The highlight is the expansive 35’ workshop equipped with separate power and drainage—a noteworthy asset that opens possibilities for conversion into an annexe or additional living quarters (subject to planning). Within walking distance of Reedham village and its train station, this property balances peaceful country living with convenient accessibility. Stepping inside, the open-plan entrance hall leads to a sitting room featuring a wood burner, perfect for cozy evenings. The kitchen/dining area boasts dual aspect windows fostering natural light, making it ideal for family gatherings. The home accommodates three double bedrooms across two levels along with a family bathroom and a shower room—all offering ample space for guests or family members. A study/utility area further enhances the property's adaptability. The exterior space is equally compelling with south-facing gardens wrapping around the home. Landscaped thoughtfully to include mature planting and fruit trees, the gardens provide privacy and opportunity for outdoor activities or personal cultivation projects. For buyers looking to invest, this property’s potential extends beyond immediate occupancy; its historic planning permission to convert the workshop into livable space adds considerable value for future enhancements. With practical features like generous storage and work-from-home options fully integrated into its design, this property stands out as an aspirational yet realistic renovation project.

Investment Analysis

(NR13 area)

Below Market Value

This property is priced -21.4% below area average per sq ft

-21.4%
Potential saving
This Property
£246/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£685,452
10% above area average per sq ft
Potential ROI
+20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR13)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.6%
5 year growth: +7.3%
Investment Disclaimer: Analysis based on NR13 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

Witton Green, Reedham, Norwich
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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
£1,851
Based on a loan of £367,500 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

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