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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

£300,000
Listed on 27/02/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2388 sqft

Description

This four-bedroom detached cottage, accompanied by a self-contained one-bedroom annexe, presents an excellent opportunity for renovation and investment. Set within approximately 0.67 acres, the property is characterized by its unique charm and versatile layout, but it currently requires a significant refurbishment to unlock its full potential. The main residence includes three reception rooms, a sun lounge, kitchen, utility room, and four bedrooms with a bathroom on the upper floor. The adjoining annexe could serve as an independent rental unit or be seamlessly integrated into the main dwelling. The expansive gardens offer substantial space for development possibilities (subject to planning permission), making this property particularly appealing for those looking to enhance its value in a desirable area only three miles from Wymondham market town. Both the gardens and the structures provide ample scope for improvement, making this a worthwhile project for investors or buyers wanting to create their ideal home.

Investment Analysis

(NR16 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£126/sq ft
Area Average
£304/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£797,891
10% above area average per sq ft
Potential ROI
+99.5%
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
46%
Properties sold annually

Local Market Trend (NR16)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -7.4%
5 year growth: +3.5%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 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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