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Old Buckenham

East of England

£220,000
Listed on 17/05/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1249 sqft

Description

Nestled in the tranquil village of Old Buckenham, this charming clay lump barn represents a unique renovation opportunity on approximately an acre of land (subject to measured survey). The property currently holds full planning permission for conversion into a three-bedroom home, providing a solid foundation for prospective buyers looking to craft their ideal residence. Once renovated, the barn will offer nearly 1,700 square feet of thoughtfully designed living space. The envisioned layout includes an open-plan kitchen and dining area that promotes modern living while preserving the building’s character. A spacious sitting room is planned to take advantage of views across the plot, creating a serene environment. Additionally, the principal suite is set to feature its own en-suite bathroom, complemented by two further bedrooms and a family bathroom—making it an excellent choice for families or those seeking extra space. Old Buckenham combines historical charm with modern convenience. Recognized for having one of England’s largest village greens, the community offers a selection of local amenities including two pubs and a village shop with essential services. The surrounding countryside provides picturesque views and walking opportunities, making it ideal for nature enthusiasts. The village is rich in history, highlighted by landmarks such as the Grade I listed All Saints Church and Old Buckenham Windmill, noted for its impressive dimensions. Residents also enjoy access to Old Buckenham Country Park, which features extensive parkland and recreational facilities. For sports enthusiasts, the local cricket club has notable historical significance. Educational options are robust in Old Buckenham with primary and high schools located nearby, enhancing its appeal for families prioritizing education. Additionally, the market town of Attleborough is just three miles away, offering excellent transport links via the A11 and railway services to major destinations like Norwich and London. Prospective investors will appreciate that no services are currently connected to the property, allowing flexibility during renovations. This property presents an exciting chance to create a bespoke home in a vibrant community that seamlessly blends rural charm with convenient access to urban amenities.

Investment Analysis

(NR17 area)

Below Market Value

This property is priced -40.9% below area average per sq ft

-40.9%
Potential saving
This Property
£176/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£409,560
10% above area average per sq ft
Potential ROI
+10.7%
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

Old Buckenham
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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
£806
Based on a loan of £165,000 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