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Gedney

East of England

£650,000
Listed on 21/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2869 sqft

Description

Peregrine’s Rest is a noteworthy Grade II listed Georgian farmhouse, originally constructed in 1763, that offers not just historical charm but also potential for modern enhancement. Nestled within approximately three-quarters of an acre, this property boasts a spacious layout and mature gardens along with a substantial brick barn that presents exciting possibilities for conversion or renovation. The charming facade is marked by gabled dormer windows and a balanced arrangement of classic windows, while the landscaped surroundings with mature trees add to its appeal. The gravelled courtyard at the rear provides ample parking and privacy, making it an inviting access point for your daily arrivals. Inside, the home spans three floors filled with original features, creating a seamless blend of elegance and comfort. The entrance leads into a welcoming hallway flanked by two spacious reception rooms, each enhanced by fireplaces and large windows that welcome natural light. The dining room exudes character with its large fireplace and beamed ceiling, inviting gatherings or quiet family meals alike. Beyond lies a functional kitchen fitted with shaker-style units and modern appliances. A utility room and boot room add practicality to the ground level. Upstairs, discover three double bedrooms along with a family bathroom and separate shower room; the layout is ideal for families or guests. An additional staircase leads from the kitchen back to the first floor, showcasing a thoughtful design feature that enhances its period character. A conveniently accessible loft space presents further opportunities for conversion into an office or extra living area. On the second floor are two more period bedrooms featuring dormer windows, offering additional accommodation possibilities. The interior boasts numerous original details such as oak doors and authentic banisters that highlight its heritage. Recent improvements include a new boiler and modern bathroom updates within the last two years. Secondary glazing enhances energy efficiency without compromising its listed status. The surrounding gardens are delightful; they wrap around the property providing structure through mature hedges while maintaining privacy. A former tennis court now serves as part of the expansive rear lawn. The brick barn on-site is particularly versatile – comprising both garage space for multiple vehicles as well as areas suitable for conversion into an office or gym. The scale allows for various uses from storage to entertainment venues, suggesting significant potential for customization based on your needs.

Investment Analysis

(PE12 area)

Below Market Value

This property is priced -1.0% below area average per sq ft

-1.0%
Potential saving
This Property
£227/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£722,070
10% above area average per sq ft
Potential ROI
-3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (PE12)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -3.5%
5 year growth: +19.7%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 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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