4-bedroom house · NR11 8RB
For saleListed 32 days
Opportunity summary
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About
Summary Having been refurbished to an excellent standard by the current owners this lovely family home stands in 2.5 acres (stms) within this hamlet situated between the market town of Aylsham and Cromer on the coast.
Description This beautifully presented period family home is the site of a mill from the seventeenth century until mid- Victorian times and now stands in lovely grounds of around 2.5 acres (stms), which include a large pond and natural stream.
The ground floor accommodation features a generous sitting room with impressive, exposed brick fireplace which houses a wood burning stove, a spacious kitchen/dining room and a family room which could readily double as a fifth bedroom if required.
The first floor has four bedrooms and a bathroom. Character features within the property also includes exposed timbers to both the sitting room and kitchen.
Externally, the grounds extend to around 2.5 acres (stms) and include sweeping lawns, orchard, pond, stream and numerous specimen trees. A long drive provides plenty of parking.
Lower Gresham is a small north Norfolk hamlet with easy access to the bustling market town of Aylsham, and the coast at Cromer.
The neighbouring village of Gresham has a church, village hall and playing field.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Entrance Porch With door in from the front aspect.
A further door opens to the sitting room.
Sitting Room This super room provides a lovely living space with a focal point provided by a large exposed brick fireplace which houses a wood burning stove on a raised hearth with timber beam over.
Alongside this fireplace there is a shelved recess and a storage cupboard. A door opens to the stairs leading to first floor. Exposed ceiling beam and upright.
Family Room/Bedroom 5 A lovely, versatile room overlooking the garden.
Kitchen/Dining Room A spacious kitchen fitted with an excellent range of base storage units to two walls having contrasting worksurfaces over and inset sink unit with mixer tap.
Wall mounted cabinets provide further storage.
This room has plenty of space for a dining table and features exposed timbers to the ceiling, Windows to three aspects provide lovely views of the garden.
Rear Hall A practical space with door to the rear aspect. Utility Room/Cloakroom With wc and hand wash basin, plumbing for a washing machine.
Landing A wide landing with stairs from the sitting room, window to the rear aspect, fitted airing and linen cupboards.
Bedroom 1 A great principal bedroom with windows to two aspects overlooking the gardens.
Bathroom Fitted with a contemporary suite which includes a bath with mixer tap and shower, separate shower in oversized tiled cubicle, wc with concealed cistern and vanity hand wash basin with storage under.
Bedroom 2 Having a window to the front aspect and built in wardrobe. Bedroom 3 Once again having a window to the front aspect and fitted storage.
Bedroom 4 With window to the rear offering a lovely view over the garden. External The property stands well back from the road and is approached over a long drive which leads to a wide parking area.
Alongside this drive is a wide area of lawn which continues to the rear of the property, with a large pond towards the foot of the garden.
A natural stream runs through the garden to the south-west of the house. These gardens extend to around 2.5 acres (stms), and include numerous mature trees, an orchard and a sun terrace. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Old Watermill Farm, Cromer Road, Norwich
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