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Peddars Lane, Beccles

East of England

£450,000
Listed on 30/04/2026

Property Details

Bedrooms
4
Type
Semi Detached

Description

This commercial unit presents a unique investment opportunity in the historic market town of Beccles, just a stone's throw from the bustling town centre. Currently occupied by LC Green & Son, the premises boast a generous 3,000 sq. ft. of versatile space that includes a showroom, workshop, and an MOT bay, alongside additional office and workshop areas. The property is complemented by a spacious forecourt parking area suitable for both employees and clients. Furthermore, it features a separate secured car park and various external storage options as well as outside toilet facilities for convenience. In addition to its commercial appeal, this site also encompasses a sizeable four-bedroom semi-detached period cottage that holds significant potential for redevelopment (subject to obtaining planning permission). Notably, previous planning consent was granted for the construction of five townhouses on the site—an opportunity that remains available should new owners wish to revisit it. Combining ample commercial space with residential possibilities in such a prime location makes this property particularly attractive for investors looking for long-term potential in Beccles, which is known for its blend of rural charm and modern amenities.

Investment Analysis

(NR34 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £125,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR34)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -10.4%
5 year growth: -1.6%
Investment Disclaimer: Analysis based on NR34 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

Peddars Lane, Beccles
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,605
Based on a loan of £337,500 over 30 years at 3.97% 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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