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The Street, Somerleyton

East of England

£525,000
Listed on 23/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1838 sqft

Description

Nestled next to the picturesque village pond of Somerleyton, this long-standing family residence presents a unique investment opportunity. With a history spanning 40 years, this home is now ready for a refreshing update. Upon entry, you are greeted by an inviting atmosphere enhanced by the natural light flooding into the spacious sitting room, which boasts beautiful garden views. The farmhouse kitchen remains practical but has clear potential for modernisation or reconfiguration to suit contemporary living standards. Upstairs, four well-proportioned bedrooms provide ample accommodation, each with scenic views of the lush surroundings. The grounds encompass approximately half an acre and offer sweeping lawns alongside vegetable beds and outbuildings that could be repurposed for various uses—an ideal canvas for those keen on gardening or additional construction (subject to planning permissions). This property not only offers a chance to create a personalized space in a charming village but also benefits from proximity to local amenities and transport links, making it an attractive proposition for future improvements and lifestyle enhancements.

Investment Analysis

(NR32 area)

Above Market Value

This property is priced +18.2% above area average per sq ft

+18.2%
This Property
£286/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£181
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£488,770
10% above area average per sq ft
Potential ROI
-19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR32)

Area prices are falling by -3.8% over the last 12 months
3 year growth: -6.5%
5 year growth: +6.3%
Investment Disclaimer: Analysis based on NR32 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

The Street, Somerleyton
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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
£1,859
Based on a loan of £393,750 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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