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High Street, Elstow

South East

£425,000

Listed on 15/09/2026

The listing

Property details

Bedrooms
4
Type
Detached

Description

This Grade II-listed, 16th-century timber-framed detached house presents a unique renovation opportunity. Featuring a jettied first floor and a clay tiled roof, the property includes a detached former bakery, which has potential for conversion into an annex. The house requires complete refurbishment, allowing for customization to suit modern living while preserving its historical charm. Once renovated, the accommodation will comprise an entrance hall, snug, sitting room, dining room, kitchen, boot room/utility room, and cloakroom. The first floor will offer a master bedroom with a dressing room and ensuite, alongside two additional bedrooms and a family bathroom. The former bakery can be transformed into a separate living space with a kitchen/diner, bedroom, landing with study area, and a family bathroom. Outside, the property boasts parking for several vehicles and a spacious rear garden, ideal for outdoor activities. Located in Elstow, known for its historical significance as the birthplace of John Bunyan, the village offers amenities such as a primary school, cricket club, traditional pub, and a renowned restaurant. With excellent road links to major routes and a frequent rail service to London St. Pancras, this property combines rural charm with convenient access to urban facilities.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

42out of 100
Grade ELow opportunity

Confidence: LOW

This Grade II-listed, 16th-century timber-framed house offers a unique opportunity for those looking to dive into an extensive renovation project. Character features such as the jettied first floor and clay tiled roof add historical charm, while the potential for significant enhancement is evident throughout the property. The main house and the detached former bakery, which has planning permission for conversion into an annex, provide a canvas for creative design. However, it's important to note that the interiors are in poor condition, requiring a full gut renovation to bring them back to life.

While the asking price of £425,000 appears cheap on the surface compared to local averages, the lack of usable floor area and the extensive work required may leave some potential buyers cautious. With a renovation budget estimated between £100,000 and £250,000, this project is best suited for those ready to tackle a heavy refurbishment. The overall score reflects the challenges ahead, but the historical significance and location in a quaint village with good transport links offer a worthwhile investment for the right buyer.

Key opportunities

  • Transform the interiors of this historic property, restoring character features and creating a modern living space.
  • Convert the detached former bakery into a desirable annex, adding value and versatility to the property.
  • Capitalize on the historical significance and prime location within a vibrant village.

Key risks

  • Stripped interiors and a £100,000–£250,000 works budget make this a full-gut programme, not a refresh.

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Location

High Street, Elstow
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,606
Based on a loan of £318,750 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.

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