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Barn Conversion, North Fen, Morton

East of England

£150,000
Listed on 23/09/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This property presents a rare opportunity for renovation in a tranquil rural setting. Nestled within a generous plot of approximately 0.74 acres, the traditional brick-built barn comes with approved planning permission for conversion into a four-bedroom dwelling, making it an ideal choice for those looking to invest in a character-filled home. The barn features existing openings and planning reference S22/0150 outlines the potential layout: spacious living accommodation on the ground floor along with designated car parking, while bedroom spaces are planned for the first floor. This thoughtfully designed conversion allows for both functional living and potential aesthetic appeal, combined with stunning views across the surrounding farmland. In addition to the barn itself, the property includes an open-fronted shed which has previously served agricultural uses. Measuring approximately 19.90m x 6.90m internally, this structure offers further scope for customization or storage needs. Situated on the outskirts of Morton village, residents can enjoy the benefits of countryside living while still having access to local amenities and road networks. The property's secluded location enhances its investment potential; not only does it offer space and serenity but also accessibility to nearby towns. Potential buyers should consider service connection opportunities; neighboring cottages are already connected to main electricity. There is also an existing borehole system located nearby that can be utilized—though new connections will need to be established within six months post-purchase. Access to the site is via a private bridge over a drainage ditch, with shared maintenance responsibilities that ensure continued usability of approach routes. Boundary requirements involve erecting wooden fencing around the property, ensuring both privacy and aesthetics. This property allows you to shape your ideal home from a solid foundation in an idyllic location. Renovation efforts here present not just personal rewards but significant investment potential as well, especially given the rarity of such properties with planning permissions available in this area. Viewing is strictly by appointment only, allowing interested parties to assess this unique opportunity firsthand while taking care due to uneven ground conditions on-site.

Investment Analysis

(PE10 area)
Area Average
£252/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.4%

Renovation Potential

Heavy 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
12%
Properties sold annually

Local Market Trend (PE10)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 1.5%
5 year growth: 15.6%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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