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School Road, East Rudham

East Midlands

£240,000
Listed on 24/08/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1130 sqft

Description

This three-bedroom semi-detached period home, situated on a generous plot on the desirable School Road in East Rudham, offers a unique opportunity for those interested in renovation and investment. While it retains many original features that lend character to the property, it requires modernization to fulfill its potential as a bespoke village residence. The layout of Greyshot is functional, beginning with a welcoming entrance hall that leads to two main reception areas. The bay-fronted sitting room, complete with a fireplace, provides a cozy atmosphere, while the separate dining room overlooks the rear garden. A practical kitchen at the back of the house offers access to a conservatory and the outdoor space. Upstairs, you will find three bedrooms—two spacious doubles alongside a single room—as well as a family bathroom. The rooms are enhanced by pleasant views and original detailing that reflects the charm typical of period homes. Outside, this property is set back from the road with ample gravel driveway parking for several vehicles. The mature rear garden features lush lawns interspersed with established shrubs and trees, plus there is even space for a vegetable patch. Considerable storage is provided by an accompanying brick outbuilding, which also presents an opportunity for refurbishment or conversion. With oil-fired central heating and mains electricity and drainage already in place, this property is ready for someone to invest time and effort into bringing it up to modern standards. It stands as an appealing option for anyone looking to create their ideal home or seeking a promising investment within this sought-after village location.

Investment Analysis

(PE31 area)

Below Market Value

This property is priced -39.8% below area average per sq ft

-39.8%
Potential saving
This Property
£212/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£245
Avg Yield
3.2%

Renovation Potential

Est. Renovation Cost
£24,000 - £60,000
10-25% of property value
Target Value
£438,530
10% above area average per sq ft
Potential ROI
+46.2%
After renovation
Monthly Sales
20
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE31)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -4.9%
5 year growth: 12.6%
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

School Road, East Rudham
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