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Westgate Street, Shouldham - Image 1
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Westgate Street, Shouldham

East of England

£575,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Yard Farm presents a compelling opportunity for buyers looking to invest in a 3-bedroom bungalow set within over 2 acres of land in the appealing village of Shouldham. The property requires modernization, making it ideal for those interested in undertaking renovation work to create a contemporary living space. Included with the bungalow is a former agricultural building with notable development potential, lending itself well to various uses, whether for residential expansion or other ventures. The generous tree-lined paddock at the rear, spanning approximately 1.5 acres, is perfect for equestrian activities or as a small-holding, enhancing the site's overall appeal. The existing bungalow features a spacious sitting room with a fireplace, a kitchen/breakfast area, three double bedrooms (one adaptable as a dining space), and essential family bathroom facilities along with a utility room and separate WC accessed from the rear. Beyond the bungalow, the barn boasts solid brick and field chalk construction under a traditional pantile roof, providing ample potential for conversion into usable space. The adjoining yard includes an open-fronted cart shed and additional structures such as a former piggery that could be repurposed. Situated just south of Kings Lynn, Shouldham offers convenient access to local amenities including an outstanding primary school and transport links with Watlington Train Station nearby providing direct routes to London. This property serves not only as a home but also as an investment project bursting with potential across both residential and agricultural uses.

Investment Analysis

(PE33 area)
Area Average
£265/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -7.2%
5 year growth: 13.1%
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

Westgate Street, Shouldham
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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
£2,106
Based on a loan of £431,250 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