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High Street, Reepham, LN3

East Midlands

£375,000
Listed on 26/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This extensive period residence, set on a generous plot, presents a unique investment opportunity in a sought-after village location. Comprising a four-bedroom detached home rich in character, the property boasts numerous original features and offers ample space for modernisation. The ground floor accommodates two substantial reception rooms with feature fireplaces, and a traditional kitchen that retains charming pine cabinetry and an original range recess. Additional conveniences include a ground-floor bathroom with both a bath and separate shower, as well as practical utility spaces such as a pantry and WC. Upstairs, the cleverly designed layout features two staircases leading to distinct areas housing double bedrooms, enhancing privacy. The external space is equally inviting, featuring a well-maintained garden and extensive outbuildings comprising a barn, garages, and storage facilities at the rear. This versatile area holds significant potential for various future uses—from workshops or business premises to conversion into additional living units or holiday cottages (subject to planning permissions). With possibilities for generating rental income through AirBnB or residential conversions, this property stands as an attractive prospect for builders, developers, or investors eager to explore its full potential while creating a modern family home.

Investment Analysis

(LN3 area)
Area Average
£246/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
10
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (LN3)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.9%
5 year growth: +14.0%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 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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