Worst House on the Street Logo
Norwich Road, Tacolneston NR16 - Image 1
Norwich Road, Tacolneston NR16 - Image 2
Norwich Road, Tacolneston NR16 - Image 3

Norwich Road, Tacolneston NR16

East of England

£750,000
Listed on 01/12/2025

Property Details

Bedrooms
7
Type
Detached house
Area
4282 sqft

Description

Nestled within approximately one acre of picturesque grounds, this detached Grade II listed property presents a remarkable investment opportunity in the idyllic village of Tacolneston. With over 4,000 square feet of potential living space, the site is primed for redevelopment with an approved planning pre-application for converting it into two spacious private residences. The proposed layout includes open-plan living areas, four well-sized bedrooms in each unit, multiple bathrooms, utility spaces, and outdoor areas featuring gardens and terraces, alongside off-road parking. This expansive property not only offers ample space for high-quality family living but also has the potential for further residential development (subject to planning permission), making it an attractive project for developers or investors looking to enhance value in a sought-after locale. The home boasts a rich history as it was once a vibrant village pub before being transformed into a guesthouse that has been well-maintained by the same family for over 25 years. Its characterful features have been preserved while adapting to modern hospitality needs, making it appealing not just as a residence but as an established business with a solid reputation and strong online presence. Internally, the current configuration promises versatile spaces including a sociable kitchen/diner area, snug rooms, and potential conservatories—ideal for creating distinct family homes or continuing operations as guest accommodations. The external space enhances its desirability with generous terraces perfect for social gatherings and private gardens that could be landscaped to individual preferences. This unique setting combines rural charm with connectivity to nearby towns and essential amenities like schools and healthcare facilities. With local transport links enhancing accessibility to Norwich and beyond, this property represents a comprehensive opportunity for both re-development and personal enjoyment.

Investment Analysis

(NR16 area)

Below Market Value

This property is priced -42.3% below area average per sq ft

-42.3%
Potential saving
This Property
£175/sq ft
Area Average
£303/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,428,604
10% above area average per sq ft
Potential ROI
+42.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
59%
Properties sold annually

Local Market Trend (NR16)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -8.2%
5 year growth: +2.5%
Investment Disclaimer: Analysis based on NR16 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

Norwich Road, Tacolneston NR16
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,705
Based on a loan of £562,500 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates