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Westgate Street, Shouldham

East of England

£575,000
Listed on 15/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a significant opportunity for those looking to invest in a 3-bedroom bungalow and adjoining former agricultural structures, all nestled within an expansive plot of over two acres in the desirable village of Shouldham. The bungalow itself is in need of modernisation, providing a blank canvas for renovation to meet contemporary living standards. The layout includes a sitting room with a fireplace, a kitchen/breakfast room, three double bedrooms (one of which has served as a dining room), and a family bathroom. Additionally, there's a separate utility room and WC accessible from the rear, enhancing functionality. Complementing the main residence is an impressive brick and field chalk barn, situated at ground level with an area of approximately 140 sq.m. This structure features classic barn doors leading out to an enclosed yard and is accompanied by an open-fronted cart shed. There’s also a former piggery constructed of concrete blocks measuring about 60ft by 20ft, which could be repurposed based on one's vision or needs. Beyond the buildings lies approximately 1.5 acres of tree-lined paddock space at the rear, offering ample room for equestrian pursuits or small-holding projects. The front area provides hard standing suitable for multiple vehicles alongside some garden space, presenting both aesthetic and practical advantages. Shouldham itself is known for its charming community atmosphere and essential amenities. Positioned about nine miles south of King's Lynn and just a 15-minute drive to Downham Market — both towns providing extensive services — this location benefits from rural tranquility without sacrificing convenience. The nearby Watlington Train Station, roughly five miles away via scenic country roads, enables direct rail access to London through Cambridge. Community features include an outstanding-rated primary school, along with local dining options at the community-owned pub and restaurant, plus recreational facilities like Shouldham Warren's expansive wooded trails popular among walkers and horse riders. The property has connections to mains drainage and electricity while having oil-fired central heating in the bungalow. It is offered as freehold with no onward chain, making it particularly attractive for immediate investment or development inquiries. Potential buyers are encouraged to conduct their own surveys or service reports prior to finalising an offer, ensuring thorough understanding of this property's offerings and possibilities.

Investment Analysis

(PE33 area)
Area Average
£262/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +6.3% over the last 12 months
3 year growth: -1.1%
5 year growth: 15.8%
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.

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Location

Westgate Street, Shouldham
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