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Finningham Road, Gislingham, Eye

East of England

£600,000
Listed on 24/04/2026

Property Details

Bedrooms
5
Type
House
Area
3017 sqft

Description

This Grade II listed thatched cottage, dating back to the 15th century and possibly even earlier, exudes historical charm with its original diamond mullion windows and multiple open fireplaces. The property offers a significant opportunity for renovation and reconfiguration, allowing new owners to modernise the characterful living space according to their vision (subject to requisite permissions). Spanning two levels, this spacious home features a large sitting room, dining room, kitchen/breakfast area, and five bedrooms. Each room retains unique period details that could be showcased or enhanced during refurbishment. Situated on over 0.6 acres of land in Gislingham, the cottage is part of a welcoming village with local amenities and an outstanding primary school. Nearby towns like Eye and Diss provide additional services and schools up to sixth form level, along with excellent transport links to Norwich and London. With ample outdoor space including gardens, an orchard, and a newly constructed studio—ripe for conversion into guest accommodation or a home office—this property presents an exceptional investment opportunity in a desirable rural setting.

Investment Analysis

(IP23 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£199/sq ft
Area Average
£298/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£987,313
10% above area average per sq ft
Potential ROI
+45.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (IP23)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -11.0%
5 year growth: +11.3%
Investment Disclaimer: Analysis based on IP23 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

Finningham Road, Gislingham, Eye
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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
£2,125
Based on a loan of £450,000 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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