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Rookery Cottages, Welham Green

East of England

£899,950
Listed on 20/03/2026

Property Details

Bedrooms
4
Type
House
Area
1539 sqft

Description

This four-bedroom residence occupies a generous plot of approximately 0.25 acres, offering substantial investment potential and the opportunity for renovation enthusiasts. The property features a gated driveway, multiple garages, and ample parking space, alongside a detached bungalow and self-contained unit, making it ideal for various uses. The proximity to Welham Green station and local shops adds convenience for future occupants. The interior comprises an entrance hall with storage solutions and leads into several well-sized living areas, including a lounge with charming double-glazed windows and a brick feature fireplace. The kitchen is functional but could benefit from modernisation, providing room for enhancement with its existing layout. Upstairs, there are four bedrooms complemented by a family bathroom that includes essential amenities but may require updates to achieve contemporary standards. Additionally, outdoor spaces like the rear garden with both patio and lawn areas present opportunities for landscaping improvements or even extension possibilities. The existing garden studio comes with kitchenette facilities and shower amenities, while an annex provides further living space that could be transformed into rental income potential or guest accommodation. However, it is important to note that the property has experienced water damage in certain areas—this presents both challenges and opportunities to reshape the home as suitable for modern living demands.

Investment Analysis

(AL9 area)

Above Market Value

This property is priced +11.9% above area average per sq ft

+11.9%
This Property
£585/sq ft
Area Average
£523/sq ft
Avg Rent (weekly)
£458
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£884,710
10% above area average per sq ft
Potential ROI
-11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (AL9)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +0.3%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on AL9 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

Rookery Cottages, Welham Green
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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
£3,246
Based on a loan of £674,962 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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