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16, Thetford Road, Northwold, Thetford, Norfolk, IP26 - Image 1
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16, Thetford Road, Northwold, Thetford, Norfolk, IP26

East of England

£625,000

Listed on 30/12/2025

Property Details

Bedrooms
6
Type
Detached
Area
3724 sqft

Description

This historic farmhouse, originating from the 17th century and deeply rooted in the local heritage, offers a unique renovation opportunity set within a spacious plot with picturesque countryside views. Having been cherished by the same family for 80 years, the property preserves numerous original features, including fireplaces and a traditional kitchen range. Occupying over 3700 sqft, the residence presents considerable potential for modernization while maintaining its character. A detached outbuilding adds further investment appeal, with possibilities for conversion into an office or guest accommodation. Additionally, there’s an adjacent paddock available separately which could enhance the property’s value and utility. The internal layout includes multiple reception rooms and spacious bedrooms, many of which benefit from dual aspects and charming period details. The expansive attic space offers scope for potential expansion (subject to planning), making this a promising project for those looking to create a substantial family home or rental investment. The extensive gardens provide ample outdoor space with room for various landscaping options and even additional parking through minor alterations (pending permission). Located in a semi-rural setting near Northwold village, access to essential amenities is convenient while enjoying the tranquility of country living.

Investment Analysis

(IP26 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£168/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£363
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£65,000 - £95,000
Target Value
£1,061,172
10% above area average per sq ft
Potential ROI
+47.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (IP26)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -9.2%
5 year growth: +7.2%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,230
Based on a loan of £468,750 over 30 years at 3.97% 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

-3.8% since listed
£625,000£25,000(-3.8%)
20/04/2026
Current price
£650,000Initial listing
13/10/2025

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