Reepham Road, Guestwick NR20
East of England
£795,000
Listed on 02/09/2026
Listed on 02/09/2026
The listing
Property details
Bedrooms
4Type
DetachedArea
2430 sqftFeatures
- Garage
- Garden
- Parking
Description
This detached four-bedroom house offers a substantial layout with several reception spaces, period features and a rural setting. The sitting room has exposed beams and an inglenook fireplace, while a separate dining room and a large games room provide further options for everyday use or entertaining. A handmade country-style kitchen by Kestrel Kitchens of Norwich includes an Aga and opens towards the conservatory. A ground-floor shower room completes the downstairs accommodation.
Upstairs are four double bedrooms and two bathrooms, including an en-suite to the principal bedroom. The property is set within gardens stated to extend to approximately 0.6 acres, with lawn, a pond and outbuildings. A large garage incorporates a workshop, and parking is available on the driveway. The house is offered chain free.
Guestwick is a rural Norfolk village, with shopping and other amenities in Reepham. Holt is around eight miles away, and Norwich is approximately 27 miles to the south-east. The property has mains electricity, borehole water, a private water-treatment plant and oil-fired central heating. It is freehold and has an EPC rating of E.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: MEDIUM
Palgrave Farm has plenty to work with as a spacious country home: period features, generous reception space including a games room, and a mature 0.6-acre garden with a garage and workshop. The photographed interiors look clean and usable, so the scope here is more about personalising the house and making selective improvements to the grounds than taking on a major refurbishment.
Even a workable headline price does not rescue the maths when once you include an estimated £0 of works on top of the asking price, spend approaches £795,000 — roughly 14% above what comparable floor area achieves locally in current condition. Hence the weak economics component — a proxy for today's market, not post-refurbishment GDV.
Key opportunities
- Make the most of the games room, conservatory and characterful reception spaces for family life or entertaining.
- Shape the mature garden and pond-side setting with selective planting and maintenance.
- Use the garage, workshop and outbuildings for practical storage or workspace, subject to checking their condition and suitability.
Key risks
- At £795,000, the purchase price is already above the local £/sqf benchmark; with no refurbishment allowance indicated, costs remain stretched against the local value benchmark for a house of this size.
- Private water and drainage systems and oil heating need appropriate checks.
- All-in spend is likely to land near £795,000 when purchase and the £0 refurb range are added together, leaving a gap of around 14% versus area norms for this sqft; post-works value sits outside our data.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£3,003
Based on a loan of £596,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
Pricing
Price history
-3.6% since listed
£795,000£30,000(-3.6%)
04/10/2026£825,000Initial listing
03/09/2026Services
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