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High Street, Reepham, LN3

East Midlands

£400,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This significant period property presents a unique investment opportunity, featuring a 4-bedroom detached house accompanied by an extensive plot that includes multiple outbuildings such as a barn and garages. Located in a desirable village within the East Midlands, this home is ideal for builders and developers seeking to maximize its renovation potential. The main house exudes character with its spacious layout and distinctive features, including two generous reception areas with traditional fireplaces and sash windows. The fitted kitchen boasts classic pine cabinetry complemented by an original range recess. On the upper floor, the quirky design includes two separate staircases leading to double bedrooms, enhancing privacy and charm amidst the original architectural details. While the interior requires modernizing, it serves as a blank canvas for creating a desirable family residence. The exterior offers well-maintained gardens along with the extensive outbuildings which provide exceptional versatility. These structures could be repurposed for various uses, including additional living spaces (subject to planning), workshops or storage for businesses, and even income-generating rentals like AirBnB units. With ample outdoor space for development or leisure activities, this property stands out as an exceptional investment opportunity in an enviable location.

Investment Analysis

(LN3 area)
Area Average
£245/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (LN3)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -3.8%
5 year growth: 20.6%
Investment Disclaimer: Analysis based on LN3 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

High Street, Reepham, LN3
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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
£1,465
Based on a loan of £300,000 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