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Gedney

East of England

£650,000
Listed on 04/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2869 sqft

Description

This Grade II listed Georgian farmhouse, dating back to 1763, presents a rare opportunity for those interested in renovation and investment. Set on approximately three-quarters of an acre, the property combines historic charm with significant potential for modern updates and expansion. The exterior features a striking symmetrical façade, accentuated by evenly spaced gabled dormer windows and framed by mature trees that add character to the well-preserved brickwork. A distinctive curved brick wall leads visitors to both the front and side entrances, while a gravel driveway at the rear provides ample parking space in a private courtyard setting. Inside, the layout spans three levels and retains many original architectural details. The ground floor boasts two spacious reception rooms—each with its own fireplace and large windows that invite natural light—alongside a dining room enriched by an impressive fireplace and beamed ceiling that reflects its 18th-century heritage. The kitchen is functional yet charming, featuring shaker-style cabinetry and integrated appliances, while additional spaces comprise a utility room and boot room with cloakroom. On the first floor, three well-sized double bedrooms are complemented by a family bathroom and separate shower room. A second staircase adds convenience and character, leading back down to the kitchen area. An accessible loft hatch opens up to a generous attic space that could easily serve as extra living space or an office if converted. The second floor houses two additional bedrooms with dormer windows, perfect for accommodating guests or family members. While maintaining its historical essence through oak doors and detailed moldings, recent improvements including a new boiler and an upgraded bathroom enhance comfort without sacrificing character. Several windows have secondary glazing fitted to uphold the property's listed status while improving energy efficiency. The grounds surrounding the farmhouse are equally noteworthy; they include an enclosed lawn with unobstructed views over adjacent fields thanks to a ha-ha design. Mature hedges provide privacy along with ample greenery throughout the garden which wraps around the home—a former tennis court now integrates into the rear lawn. Perhaps most compelling is the substantial brick barn on-site, which offers tremendous versatility. With space for multiple vehicles in addition to areas suitable for a home office or gym, this structure could even be converted into an annexe for additional accommodation or rental income (subject to planning permission). Its proximity to the house makes it ideal for gatherings or events. With its blend of historical significance, comfortable living spaces, and renovation potential both within the main residence and ancillary buildings, this property is poised for those looking to invest in a project that honors its past while embracing modern possibilities

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£227/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£189
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£724,121
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -3.9%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on PE12 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

Gedney
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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