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16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 1
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 2
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 3
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 4
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 5
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 6
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 7
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 8
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 9
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 10
16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 11

16, Thetford Road, Northwold, Thetford, Norfolk, IP26

East of England

£650,000
Listed on 30/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3724 sqft

Description

This historic 17th-century farmhouse, once belonging to the Pooly family, offers a unique renovation opportunity set within expansive grounds featuring picturesque countryside views. With over 3,700 square feet of living space, the property has been in the same family for eight decades and retains numerous original elements, including various fireplaces and a traditional kitchen range. The ample accommodation includes multiple reception rooms, six bedrooms, and various bathrooms alongside practical spaces such as an additional kitchen and utility room. A detached store/shed on the premises presents an excellent potential for conversion into a cottage or home office. Additionally, there is access to a sizeable paddock that may be available for separate purchase, enhancing the property's appeal for those looking to invest in rural living. The expansive attic space holds considerable promise for extension (subject to planning permission), further increasing its value. The gardens are predominantly lawned, incorporating mature trees and shrubs with options for development at both the rear and front of the property. Located just outside Northwold village with conveniences in nearby Downham Market and Brandon, this property is ideal for those seeking to create a bespoke family home rich with character.

Investment Analysis

(IP26 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£175/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£329
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £200,000
Target Value
£1,052,980
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (IP26)

Area prices are rising by +4.6% over the last 12 months
3 year growth: -9.7%
5 year growth: 8.2%
Investment Disclaimer: Analysis based on IP26 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

16, Thetford Road, Northwold, Thetford, Norfolk, IP26
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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
£2,381
Based on a loan of £487,500 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