Sowerbys says ..
An exceptional Norfolk water mill with modern luxuries and timeless charm.
Property Oracle says ..
The property is a converted watermill in Itteringham, Norfolk. It is a substantial property with 6 bedrooms and 6 bathrooms. The images show a property that has been extensively renovated and modernised, whilst retaining some original features. The conversion appears to be of a high standard, with modern fixtures and fittings throughout. The location is rural, with the property situated on a water course. While this offers tranquility and seclusion, it’s important to note that this will also mean limited access to local amenities and transport links. The distance to nearby schools varies from 5.88km to 8km. This may be a consideration for families. The property benefits from extensive grounds, including a large lawned area and mature trees. Considering the average house price in the area is £442,500 and the average price per sqft is £435, the asking price of £1,800,000 for this property is significantly higher. However, the unique nature of the property, its size, the extensive renovation work undertaken, and the idyllic location may justify this higher price point. It is likely to appeal to a niche market of buyers seeking a luxurious, secluded, and unique property in a rural setting. Further investigation into comparable properties in the area that have recently sold would be needed to fully determine the accuracy of the list price. Based on the provided information and images, the property appears to be in excellent condition, having undergone a significant renovation. The property includes features such as a large modern kitchen, multiple bedrooms and bathrooms, and extensive grounds. The property also has a detached building, possibly a workshop or annex.
Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 10
- Location
- 6
- Land
- 10
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 333.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 556,250.00 £Decreased by 32.79 %
- Est sale value
- 102,231.00 £Decreased by 15.19 %
- Average area rental value
- 2,125.00 £/moIncreased by 15.61 %
- Est letting value
- 333.00 £/mo
- Est rental Yield
- 4.58 %Increased by 71.54 %
- Crime Rate
- 0.00 %
Agent Activity
Sowerbys created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Corpusty Primary School | Academy Sponsor Led | 5.88 KM | |
| Erpingham Voluntary Controlled Church Of England Primary School | Voluntary Controlled School | Good | 7.10 KM |
| Cawston Church Of England Primary Academy | Academy Converter | Good | 7.26 KM |
| St Michael'S Church Of England Va Primary And Nursery School | Voluntary Aided School | Requires improvement | 7.54 KM |
| Aldborough Primary School | Foundation School | Good | 8.00 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Marlpit Lane | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Itteringham | £ 1,800,000 | BUY | 8 / 10 | 0.00 KM |
| The Common, Itteringham | £ 495,000 | BUY | 7 / 10 | 0.26 KM |
| Big Yard, Itteringham | £ 400,000 | BUY | Unknown | 0.68 KM |
| Church Road, Itteringham, Norfolk | £ 1,750,000 | BUY | 7 / 10 | 0.72 KM |
| Church Road, Itteringham, Norwich, NR11 | £ 1,750,000 | BUY | Unknown | 0.97 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Hillside | £ 35,000 | 0.50 KM |
| The Old Chapel | £ 325,000 | 0.50 KM |
| 17 Wolterton Road | £ 170,000 | 0.50 KM |
| 5 Big Yard | £ 215,000 | 0.59 KM |
| 5 Church Road | £ 211,000 | 0.72 KM |