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Peddars Lane, Beccles

East of England

£475,000
Listed on 12/03/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This commercial unit presents a unique investment opportunity in the vibrant market town of Beccles, situated conveniently close to the town centre. Currently operating as LC Green & Son, this versatile property spans approximately 3,000 sq. ft., comprising a showroom, workshop, MOT bay, and various office areas. The front of the property features a spacious forecourt parking area accommodating both customer and staff vehicles. Additionally, there is a secure gated car park with external storage and multiple workshop areas along with outside toilets for practical use. The site also includes a sizable four-bedroom semi-detached period cottage that offers considerable living space and redevelopment possibilities, pending planning approval. Previously granted planning permission for five townhouses has lapsed, presenting an opportunity for future development. With its mixture of commercial potential and residential options, along with its prime location near Beccles’ amenities and attractions, this property is perfect for those looking to capitalize on long-term investment prospects.

Investment Analysis

(NR34 area)
Area Average
£294/sq ft
Avg Rent (weekly)
£218
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (NR34)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -9.4%
5 year growth: +3.3%
Investment Disclaimer: Analysis based on NR34 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

Peddars Lane, Beccles
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 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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