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7 bed property, in Norwich Road, £750,000
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Land

Norwich Road, Tacolneston NR16
Land Planning
£750,000

Our Summary

  • Investment opportunity
  • Planning permission granted in 2021 to increase to 7 guest rooms
  • Rare investment opportunity to create high-quality homes or further develop a distinctive property with proven business heritage and local significance
  • With 4,000+ sqft it offers an exceptional development opportunity, with a planning pre-application in place for a conversion into two generous private residences
  • Set in a sought-after location with ample external space, the site also holds potential for further residential development (stpp)-making it an ideal prospect for developers or investors seeking to maximise value and create high-quality homes in a desirable setting
  • Planning pre-application for a conversion of this established guesthouse is in place, into two private residential dwellings, offering a unique opportunity for redevelopment in a sought-after location
  • The current pre-application plans of the property is thoughtfully arranged and generously proportioned, making it ideal for family living or potential investment
  • Externally, the dwellings will benefit from a spacious decked terrace perfect for outdoor entertaining, along with private garden areas that offer both privacy and scope for landscaping

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Description

This impressive Grade II listed guesthouse in Tacolneston, Norfolk, offers a unique development opportunity to convert it into two private residences. With a planning pre-application in place, the property boasts 4,000+ sqft of living space, including open-plan living areas, four bedrooms per home, multiple bathrooms, utility rooms, and private outdoor spaces with gardens, terraces, and off-road parking. The property's prime location in the heart of the village provides a peaceful rural setting while being well-connected to nearby towns, with local amenities including a primary school and limited shopping facilities.

The guesthouse, known as The Pelican, has been lovingly restored and operated as a successful business for over 25 years, offering an exceptional chance to build on an established and well-loved brand. With its rich history, character, and potential for redevelopment, this property presents a rare opportunity for developers or investors seeking to maximize value and create high-quality homes in a desirable setting.