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Traditional Farm Buildings At Thurning

East of England

£200,000
Listed on 28/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for those looking to invest in a renovation project involving several traditional farm buildings, with potential conversion options subject to planning approval. Spanning a total area of 555.35 square meters, the site encompasses three barns, each offering distinct characteristics that could be transformed into residential or commercial spaces. Situated on a generous 1-acre lot, this property benefits from ample outdoor space, which can be creatively utilized in various ways. The surrounding landscape not only provides a picturesque rural setting but also advantages from proximity to local amenities and transport links, making it an attractive option for future occupants. Currently, the property is not connected to any services, allowing you the freedom to design and implement your own utilities tailored to your intended use. This blank canvas offers significant potential for enhancing value through thoughtful renovation and development, appealing particularly to builders and investors looking to capitalize on the growing demand for unique living and working environments in tranquil locations.

Investment Analysis

(NR20 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£269
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR20)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -2.9%
5 year growth: 18.2%
Investment Disclaimer: Analysis based on NR20 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

Traditional Farm Buildings At Thurning
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£733
Based on a loan of £150,000 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