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Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett

East of England

£450,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1626 sqft

Description

This unique opportunity presents the chance to revitalize a historic farmhouse and a pair of charming period barns, nestled within the scenic grounds of the former Stradsett Estate. With full planning permission already in place for converting the barns into residential dwellings, this property is an ideal investment for those looking to create a distinctive country residence or retreat. The surroundings offer stunning formal gardens, lush farmland, and a serene lake teeming with wildlife, providing an almost untouched canvas for development. The farmhouse itself requires attention; whether through a simple refresh to maintain its character or more extensive renovations to maximize its potential. Located in the picturesque village of Stradsett, you're not only immersed in rich local heritage but also have convenient access to nearby Downham Market's amenities and transport links, making this property a standout investment opportunity.

Investment Analysis

(PE33 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£277/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£478,451
10% above area average per sq ft
Potential ROI
-16.1%
After renovation
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
12%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -6.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on PE33 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

Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett
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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
£1,648
Based on a loan of £337,500 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