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Barn Conversion, North Fen, Morton

East of England

£150,000
Listed on 22/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This traditional brick barn, located in a tranquil rural setting, presents an excellent opportunity for conversion into a spacious four-bedroom home. Set on approximately 0.74 acres of land, the property boasts scenic views of the surrounding farmland and includes sizable gardens and off-road parking. The existing structure features several openings that align with the granted planning permission (Reference S22/0150), allowing for a thoughtfully designed living space across two floors. The ground floor will offer generous living accommodations, while the first floor can accommodate bedrooms, maximizing the barn's potential. Additionally, an open-fronted outbuilding provides further versatility for use as storage or workspace. Given its character and picturesque location, this barn conversion project offers significant investment potential for those looking to create a unique country residence. Service connections will need to be established, and prospective buyers should consider installing a new borehole due to existing water supply requirements.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
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, North Fen, Morton
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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
£541
Based on a loan of £112,500 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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