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The Street, Tattersett

East Midlands

£600,000
Listed on 29/03/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1636 sqft

Description

This charming character cottage is nestled within a serene and mature plot on the outskirts of Tattersett, offering both a peaceful rural lifestyle and significant renovation and investment potential. The property features four well-sized bedrooms and invites creativity for those looking to add personal touches or updates. Its traditional appeal is accented by period features throughout the interior, making it not only a home but also a canvas for future enhancements. Entering the cottage, you are greeted by a small porch that leads into an inviting living space thoughtfully divided by an impressive chimney stack. The lounge boasts an inglenook fireplace with a wood burner, complemented by exposed beams that enhance its rustic charm. The layout includes access to a versatile study or fourth bedroom, alongside two additional bedrooms and a bathroom. The kitchen offers functional space with existing plumbing for modern appliances, and connects to a utility room that further adds convenience. Upstairs, two generous double bedrooms are arranged around a landing area that captures natural light from the stairwell window. An additional shower room located on this level serves these bedrooms effectively. A notable feature of this property is the versatile outbuilding—ideal for remote work or leisure activities—featuring vaulted ceilings in its upper studio space. It includes ground floor amenities such as a shower room and storage options, presenting the possibility of transforming it into a one-bedroom annexe subject to planning permissions. Set within approximately one acre of land, the exterior showcases mature gardens and ample off-road parking via a shingle driveway. A workshop measuring 9.7m x 4.8m at the rear enhances the property's appeal, equipped with water and electricity supply for various uses. Conveniently located just off the A148, this property allows easy access to nearby market towns like Fakenham (approximately 5.7 miles away) while also placing coastal destinations such as Wells-next-the-Sea and Brancaster within a 20-minute drive. For local conveniences, "Andy’s Store," a local farm shop can be reached within minutes on foot or by car. The property benefits from mains water and electricity connections, LPG gas central heating, and private drainage systems—all essential elements for modern living while offering opportunities to maximize investment through thoughtful renovations or reconfigurations in line with your vision.

Investment Analysis

(PE31 area)

Above Market Value

This property is priced +4.1% above area average per sq ft

+4.1%
This Property
£367/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£60,000 - £150,000
10-25% of property value
Target Value
£634,179
10% above area average per sq ft
Potential ROI
-15.4%
After renovation
Monthly Sales
11
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE31)

Area prices are falling by +2.9% over the last 12 months
3 year growth: -9.5%
5 year growth: 11.3%
Investment Disclaimer: Analysis based on PE31 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

The Street, Tattersett
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