4-bedroom house · NR11 7DY
For saleReduced £40k (−4.1%) on 3 OctListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wheat Barn is an exclusive newly developed four bed barn conversion, specified to exacting standards with double cart shed and garden, and situated in a rural village location in North Norfolk.
Completion due in May 2026. Wheat Barn is situated in Banningham, a well served North Norfolk village located near to the market town of Aylsham.
The village has a public house and village hall, and the neighbouring village of Colby has a primary school and garage.
The market town of Aylsham (3 miles) is increasingly popular with an array of amentities including public houses, schooling, supermarkets, banking, doctors surgery, pharmacy, veterinary surgery and sporting clubs.
The National Trust property of Blickling Hall is 4 miles away providing delightful country walks through parkland.
The Cathedral City of Norwich, the regional centre, is 15 miles to the south and offers a comprehensive range of commercial entertainment, cultural amenities and excellent schooling.
Norwich has a mainline railway station providing regular services to London and Cambridge.
On the North side of the City is Norwich international Airport (12 miles) which caters for both domestic and international flight destinations.
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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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 Wheat Barn, 1, Highbury Farm Barns, Norfolk
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