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Silver Street, Besthorpe - Sitting on five acres, including one annex and two residential properties - Image 1
Silver Street, Besthorpe - Sitting on five acres, including one annex and two residential properties - Image 2
Silver Street, Besthorpe - Sitting on five acres, including one annex and two residential properties - Image 3
Silver Street, Besthorpe - Sitting on five acres, including one annex and two residential properties - Image 4
Silver Street, Besthorpe - Sitting on five acres, including one annex and two residential properties - Image 5

Silver Street, Besthorpe - Sitting on five acres, including one annex and two residential properties

East of England

£1,400,000
Listed on 17/07/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2951 sqft

Description

This unique 5-bedroom barn conversion, situated in the tranquil village of Besthorpe, presents a substantial renovation and investment opportunity. The property includes an additional annex and two residential units, all set on a generous 5-acre plot that features both cultivated land and potential for further development. The current owners have successfully utilized the two residential properties as short-term rentals, generating an annual income of approximately £30,000. The Hayloft and The Granary are established rental options while the main barn offers flexibility for family living or could be adapted for additional revenue streams. There is also a sizable barn space with conversion potential, subject to planning approval, along with room for a glamping site which would enhance income possibilities. Located just a mile from the prestigious Wymondham College, this estate is ideal for families seeking quality education in a serene setting. The nearby market town of Attleborough provides convenient access to various amenities including shops, healthcare services, and robust rail connections to Norwich, Cambridge, and London. The barn itself showcases thoughtful renovations that blend modern functionality with traditional character. It features five spacious double bedrooms, including two ensuite bathrooms. Key living areas include an inviting office space, formal dining room, cosy snug area, and a versatile 31-foot gym room. The heart of the home is a beautifully appointed kitchen/breakfast area complete with custom cabinetry and granite countertops. Access to the property is secured via electric gates leading to ample parking facilities and a detached garage. Encompassing expansive gardens and field access, the estate offers numerous opportunities for leisure or future development plans. In terms of utilities, the property is connected to mains water and electricity; heating is provided through an oil central heating system (with air source heating in the annex). As part of the sale process, some existing furnishings may be available for separate negotiation. This offering not only highlights remarkable craftsmanship but also emphasizes considerable investment potential within a sought-after location—ideal for those looking to capitalize on short-term rentals or develop additional living spaces with appropriate planning permissions.

Investment Analysis

(NR17 area)

Above Market Value

This property is priced +59.1% above area average per sq ft

+59.1%
This Property
£474/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.7%

Renovation Potential

Light Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£967,662
10% above area average per sq ft
Potential ROI
-34.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR17)

Area prices are falling by +5.1% over the last 12 months
3 year growth: -1.6%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on NR17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Silver Street, Besthorpe - Sitting on five acres, including one annex and two residential properties
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,129
Based on a loan of £1,050,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE