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Well Creek Road, Outwell, PE14

East of England

£250,000
Listed on 17/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1636 sqft

Description

This detached three-bedroom house is situated in the tranquil village of Outwell, nestled alongside the scenic Well Creek River. The property showcases a unique opportunity for buyers interested in a renovation project, offering a spacious layout that can be tailored to modern living preferences. Currently requiring significant updates and repairs, this residence has the potential to be transformed into a charming riverside home with both traditional character and contemporary comforts. Inside, the home features three well-proportioned bedrooms and three adaptable reception areas that could serve various purposes from family gatherings to quiet retreats. A sizeable uPVC conservatory enhances the living space by inviting natural light and providing seamless access to the picturesque gardens. The outdoor area is a standout feature, with mature gardens that create a peaceful atmosphere while offering lovely views of the river. Additional conveniences include off-road parking and a garage, adding practicality to this appealing property. With no upward chain in place, the purchasing process is streamlined for those ready to embark on this rewarding project. Envision the possibilities — with careful consideration and effort, this house could evolve into a highly desirable property in one of Norfolk's most picturesque locales.

Investment Analysis

(PE14 area)

Below Market Value

This property is priced -34.8% below area average per sq ft

-34.8%
Potential saving
This Property
£153/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£421,556
10% above area average per sq ft
Potential ROI
+27.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PE14)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -7.0%
5 year growth: +6.5%
Investment Disclaimer: Analysis based on PE14 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

Well Creek Road, Outwell, PE14
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£885
Based on a loan of £187,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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