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Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 1
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 2
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 3
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 4
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 5
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 6
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 7
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 8
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 9
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 10
Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD - Image 11

Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD

East of England

£350,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2388 sqft

Description

This four-bedroom detached cottage, nestled within 0.67 acres of land, presents a significant opportunity for renovation and investment. Featuring a self-contained one-bedroom annexe, it offers potential for additional income or as an extension of the living space. The property boasts a wealth of character, including multiple reception rooms, a sun lounge, and a kitchen/utility area on the ground floor, along with four bedrooms and a bathroom upstairs. Although it requires comprehensive modernisation to fully unlock its charm and functionality, the adaptable layout can cater to various lifestyles. The expansive gardens surrounding the cottage are in need of care but could reveal further development possibilities pending planning approval. Located just three miles from the market town of Wymondham, this property stands as a promising project for those looking to create their ideal home or investment.

Investment Analysis

(NR16 area)

Below Market Value

This property is priced -51.6% below area average per sq ft

-51.6%
Potential saving
This Property
£147/sq ft
Area Average
£303/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£795,789
10% above area average per sq ft
Potential ROI
+76.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (NR16)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -4.6%
5 year growth: 12.3%
Investment Disclaimer: Analysis based on NR16 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

Woodmans Lodge and Annexe, 38 The Street, Ashwellthorpe, Norfolk NR16 1HD
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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
£1,282
Based on a loan of £262,500 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