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South Green, Mattishall, Norfolk NR20

East of England

£250,000

Listed on 17/06/2026

Property details

Bedrooms
3
Type
Land
Area
892 sqft

Description

This prime plot of land presents a unique opportunity for those interested in custom home construction, featuring full planning permission for a spacious three-bedroom bungalow with three en-suites. The approved design emphasizes modern living with an open-plan layout that includes a generous reception area, perfect for both relaxation and entertaining. In addition to the main bungalow, there is a newly extended detached outbuilding on the property that holds significant potential; it can be converted into additional living space—potentially accommodating another two or three bedrooms—subject to necessary planning approvals. This versatility makes it an appealing option for extended family needs or rental possibilities. The plot spans approximately 0.37 acres, offering ample outdoor space ideal for gardens and parking while ensuring privacy within a tranquil setting. Located in a convenient area with easy access to local amenities and transport links, this property allows for the creation of a bespoke dwelling with excellent investment potential through further development opportunities.

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Investment analysis

(NR20 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£280/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£226
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£275,668
10% above area average per sq ft
Potential ROI
-25.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +2.4%
5 year growth: +6.9%
Investment Disclaimer: Analysis based on NR20 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

South Green, Mattishall, Norfolk NR20
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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
£944
Based on a loan of £187,500 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

This calculation uses non-residential (land/commercial) tax rates.

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