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Oak Lane, East Ruston, NR12 - Image 1
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Oak Lane, East Ruston, NR12

East of England

£365,000
Listed on 11/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1304 sqft

Description

This charming three-bedroom semi-detached home presents a unique opportunity for renovation enthusiasts and investors alike. Nestled within approximately 1.7 acres of land (subject to measured survey), the majority of this expansive property features paddocks complete with field shelters and timber stabling, making it ideal for equestrian use or further agricultural pursuits. The house itself is ripe for modernization, with potential for extension subject to the necessary planning permissions, which could significantly enhance living space in this picturesque rural setting. Early viewing is recommended as properties that offer such substantial grounds often come to market infrequently in this sought-after area. The interior includes various functional rooms like a lounge with a fireplace, a dining room with an oil-fired boiler, and three bedrooms that provide ample natural light but may benefit from updates to fixtures and fittings. Outside, there’s a generous driveway leading to a garage, alongside additional outbuildings suitable for storage or conversion into workspace.

Investment Analysis

(NR12 area)

Below Market Value

This property is priced -9.3% below area average per sq ft

-9.3%
Potential saving
This Property
£280/sq ft
Area Average
£309/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£442,656
10% above area average per sq ft
Potential ROI
+6.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (NR12)

Area prices are rising by +4.2% over the last 12 months
3 year growth: -3.5%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on NR12 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

Oak Lane, East Ruston, NR12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,337
Based on a loan of £273,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE