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Barn Conversion Opportunity at Bulby

East of England

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

Nestled on the outskirts of Bulby, this unique opportunity presents a collection of traditional stone and brick agricultural structures that have recently received Planning Permission for conversion into a sizable single residential dwelling. This permission, granted in February 2023, outlines detailed plans to transform these buildings into approximately 424 m² (4,568 sq. ft.) of living space, complete with multiple en-suite bedrooms, a spacious kitchen/dining area, a snug, office with en-suite, and essential utility spaces. The design also incorporates garaging and storage areas extending over another 73.6 m² (791 sq. ft.). With generous garden spaces proposed both to the east and west of the main section, there is ample scope for outdoor enhancement. Additionally, being Grade II Listed elevates its charm while requiring careful restoration that aligns with heritage guidelines. This property represents an attractive option for investors or buyers seeking a project with solid potential in a prime location within the East of England.

Investment Analysis

(PE10 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (PE10)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -0.2%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on PE10 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

Barn Conversion Opportunity at Bulby
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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