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Carr Lane, Roughton, Norwich, Norfolk, NR11

East of England

£475,000

Listed on 03/07/2026

Property details

Bedrooms
4
Type
Detached
Area
2829 sqft

Description

This property presents a unique opportunity for both refurbishment and potential development on a generous corner plot of approximately 0.9 acres. The existing detached house, measuring around 2,487 sq. ft (2,829 sq. ft including the double integral garage), is in need of renovation, making it an ideal candidate for those looking to create a modern family home or capitalize on its development potential. With dual access from Carr Lane and Old Mill Lane, there is also the exciting possibility of creating an additional self-contained building plot, subject to planning consent. Locally, the well-regarded village of Roughton is conveniently situated near the North Norfolk coast and within close proximity to Cromer, which offers various amenities including shops and schools. This combination of location and space makes it a highly appealing proposition for buyers looking to invest in a project with multiple avenues for enhancement.

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Investment analysis

(NR11 area)

Below Market Value

This property is priced -45.3% below area average per sq ft

-45.3%
Potential saving
This Property
£168/sq ft
Area Average
£307/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£955,198
10% above area average per sq ft
Potential ROI
+60.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (NR11)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -1.4%
5 year growth: +4.0%
Investment Disclaimer: Analysis based on NR11 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

Carr Lane, Roughton, Norwich, Norfolk, NR11
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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
£1,794
Based on a loan of £356,250 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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