Binham Road, Wighton
East of England
£375,000
Listed on 18/10/2026
Listed on 18/10/2026
The listing
Property details
Bedrooms
5Type
Barn ConversionFeatures
- Garden
- Parking
Description
Old Barn Farm is a substantial detached agricultural building in Wighton, offered with planning permission for conversion and subdivision into two five-bedroom homes. The approved scheme provides for spacious accommodation, with each proposed property having its own driveway and rear garden. The existing site is approached by a gated gravel drive and has open countryside views, with the proposed gardens backing onto fields.
The rural location is within reach of Wells-next-the-Sea, the North Norfolk coast and nearby villages. The consent and drawings offer a starting point for a conversion project, but buyers should check the planning conditions and implementation requirements and make their own enquiries about building regulations, services and development costs. The property is marketed by Pymm & Co, Sheringham.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
34out of 100
Grade ELow opportunity
Confidence: LOW
The standout opportunity is the approved scheme to turn this substantial North Norfolk barn into two five-bedroom homes, with countryside views, proposed gardens and separate driveways. The photographs show an unconverted building rather than finished residences: the roof has missing or displaced tiles and openings, the exterior is weathered and overgrown, and the grounds need clearing. That gives the project real scope, but also makes it a major conversion rather than a cosmetic upgrade. The listed £375,000 price cannot yet be judged against local £/sqf because the floor area is missing; the overall WHOTS score is 34/100, grade E, reflecting limited economics and elevated project risk. Verify the consent, conditions, services and conversion costs before assessing the opportunity.
Key opportunities
- Use the approved subdivision and proposed layouts as a starting point for creating two distinctive five-bedroom homes from the agricultural barn.
- Build on the traditional barn character, open countryside outlook and proposed individual gardens and driveways to shape two separate residential settings.
- Clear and prepare the overgrown external areas to establish the proposed gardens and improve the approach to the homes.
Key risks
- The missing or displaced roof tiles and openings, weathered external fabric and overgrown grounds make this a substantial conversion programme, with roof, building and site works to budget and schedule rather than a cosmetic refresh.
- Planning consent scope and conditions, building regulations, services and development costs need verification; without floor area, value versus local £/sqf cannot yet be judged.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% interest
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