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Castle Acre, Norfolk PE32

East of England

£950,000

Listed on 07/07/2026

Property details

Bedrooms
9
Type
Detached
Area
8706 sqft

Description

This characterful farmhouse is an impressive example of Georgian architecture with Victorian enhancements, situated within the tranquil expanse of the Holkham Estate. Nestled in a serene part of West Norfolk, Lodge Farm presents an exceptional opportunity for renovation enthusiasts and investors alike. Spanning over 8,700 square feet, this unlisted property boasts six reception rooms, seven bedrooms, five bathrooms, and a two-bedroom annexe, all awaiting a thoughtful refurbishment to bring them back to their full potential. The mature grounds cover 3.89 acres and are home to established trees and diverse landscapes, indicating a foundation for a beautiful restoration project. The property's north elevation maintains an agricultural charm reflective of its estate origins while the south façade features elegant sash windows providing picturesque views of the surroundings. A series of single-storey outbuildings further enhance the appeal with potential for garaging or conversion subject to consents. Lodge Farm's unique provenance and substantial scale signal an investment that can yield significant rewards.

Investment analysis

(PE32 area)

Below Market Value

This property is priced -61.6% below area average per sq ft

-61.6%
Potential saving
This Property
£109/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£260
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£400,000 - £600,000
Target Value
£2,719,754
10% above area average per sq ft
Potential ROI
+75.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE32)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -10.0%
5 year growth: -2.8%
Investment Disclaimer: Analysis based on PE32 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

Castle Acre, Norfolk PE32
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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
£3,589
Based on a loan of £712,500 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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