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Leam Cottages, Church Street, Occold

East of England

£265,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
525 sqft

Description

This property presents a rare opportunity for eager investors or those looking to create their dream home. The two-bedroom end-of-terrace cottage has recently undergone meticulous renovations, yet it still possesses significant potential for further development. With planning permissions already secured (DC/24/03139 for a double storey side extension and DC/25/03709 for a separate adjoining dwelling), the future possibilities are vast—whether you choose to expand this charming home or build a new unit entirely. The interior boasts an inviting sitting room with an inglenook fireplace and woodburner, complemented by exposed timber beams that give character throughout. A newly fitted kitchen/dining area offers direct access to the private garden, which currently serves as a blank canvas for your landscaping vision. Upstairs, you’ll find two cozy bedrooms and a well-appointed bathroom. With driveway parking available for multiple vehicles, this property is perfectly situated for creating a serene family haven or pursuing lucrative rental options.

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Investment analysis

(IP23 area)

Above Market Value

This property is priced +65.5% above area average per sq ft

+65.5%
This Property
£505/sq ft
Area Average
£305/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£176,080
10% above area average per sq ft
Potential ROI
-49.0%
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
4%
Properties sold annually

Local Market Trend (IP23)

Area prices are falling by -4.4% over the last 12 months
3 year growth: -16.4%
5 year growth: -2.4%
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

Leam Cottages, Church Street, Occold
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,001
Based on a loan of £198,750 over 30 years at 4.45% 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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