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The Street, Somerleyton

East of England

£325,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1187 sqft

Description

Nestled in the desirable North Suffolk village of Somerleyton, this charming Victorian red brick detached house offers a unique opportunity for buyers looking to invest in a renovation project. Set on approximately 0.2 acres, the property features three bedrooms and two reception rooms, providing a spacious layout that can be transformed into a stunning family home with character. The entrance opens into a wide hall flanked by reception rooms, both boasting fireplaces that add warmth and charm. The kitchen/breakfast area is ripe for modernisation, overlooking the rear garden, while the pantry and utility room offer practical space for cooking and storage. Upstairs, two generous double bedrooms showcase lovely views of the front garden, complemented by an additional single bedroom. The family bathroom contains essential amenities but may benefit from upgrades to enhance comfort. Outside, the property includes expansive front gardens bordered by mature trees for added privacy and an enclosed rear cottage garden full of potential. With no onward chain and located just minutes from local amenities and scenic walks, this property invites creative vision to restore it to its former glory.

Investment analysis

(NR32 area)

Above Market Value

This property is priced +12.3% above area average per sq ft

+12.3%
This Property
£274/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£197
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£318,395
10% above area average per sq ft
Potential ROI
-23.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR32)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -7.9%
5 year growth: +8.5%
Investment Disclaimer: Analysis based on NR32 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

The Street, Somerleyton
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-27.8% since listed
£325,000£25,000(-7.1%)
15/07/2026
Current price
£350,000£50,000(-12.5%)
28/02/2025
£400,000£50,000(-11.1%)
13/09/2024
£450,000Initial listing
24/08/2024

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