Worst House on the Street Logo
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 1
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 2
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 3
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 4
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 5
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 6
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 7
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 8
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 9
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 10
Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett - Image 11

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

East Midlands

£500,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1626 sqft

Description

This unique property presents a remarkable opportunity for renovation and investment, situated on a historic site once part of the Stradsett Estate. The farmhouse, along with two period barns, offers substantial potential for transformation into a distinctive living space or a series of charming residences. The farmhouse itself features three well-proportioned bedrooms and ample living areas that can be revitalized to reflect your personal style. With full planning permission already in place for converting the adjoining barns into separate dwellings (King’s Lynn and West Norfolk Borough Council Planning Reference: 23/02162/F), this property lays the groundwork for a lucrative investment project. Set in Stradsett, a tranquil village known for its pastoral beauty, the property benefits from its proximity to Downham Market, one of Norfolk's oldest market towns. Here, residents enjoy access to a vibrant community with ample amenities, historical architecture, and excellent transport links, including direct trains to Cambridge and London King’s Cross. Stradsett Hall adds to the local charm with its impressive Elizabethan architecture and beautifully landscaped grounds that host seasonal events. The annual Stradsett Park Vintage Rally is a highlight of the community calendar, drawing visitors to celebrate local heritage through vintage machinery displays and family-friendly activities. For those looking for adventure or leisure activities, the surrounding landscape is ideal for walking and cycling routes, while nearby waterways provide opportunities for boating and fishing. This combination of rural serenity and accessibility makes Stradsett an attractive location not only for those seeking peace but also for investors looking to capitalize on its growth potential. In summary, this property is an exceptional canvas awaiting your vision—a perfect blend of history, natural beauty, and investment promise.

Investment Analysis

(PE33 area)

Above Market Value

This property is priced +19.9% above area average per sq ft

+19.9%
This Property
£308/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£458,865
10% above area average per sq ft
Potential ROI
-26.6%
After renovation
Monthly Sales
10
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +8.4% over the last 12 months
3 year growth: 9.2%
5 year growth: 22.9%
Investment Disclaimer: Analysis based on PE33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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
Map showing location of Exciting Opportunity - Two Barns with Planning and a Farm House in Stradsett
Open Map