Roman Bank, Anderby PE24 5XJ
East of England
£350,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
7Type
DetachedArea
3372 sqftFeatures
- Garden
Description
This period farmhouse near Anderby Creek is set within a plot of approximately one acre and is offered with no onward chain. The seven-bedroom house includes a large reception room with a bay window and reading seat, a separate dining room, a farmhouse kitchen, scullery, pantry, study and utility space. The listing describes the property as requiring extensive renovation and notes significant cracking to internal and external walls, together with uneven floors. The roof to one section is described as recently repaired.
Outside, there are gardens to the front and side and a substantial range of traditional brick-built outbuildings, stated to provide more than 2,300 sq ft of floor space. A further 1.80 acres of grassland to the front is available by separate negotiation, subject to contract. Any redevelopment or change of use would depend on the relevant consents and feasibility.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
72out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £350,000, this substantial period farmhouse is priced at about £104/sq ft against a local average of £224/sq ft, making the asking price a clear acquisition opportunity. The seven-bedroom house, generous reception spaces, roughly one-acre plot, mature gardens and extensive brick outbuildings give the project real character and scope, with beaches at Anderby Creek close by. The reported £120,000–£250,000 renovation range signals a major undertaking rather than a cosmetic update; the cracking and uneven floors throughout make structural investigation an important early step.
Key opportunities
- Rework the farmhouse’s generous reception spaces and seven-bedroom accommodation while restoring period features such as the full-height bay window with reading seat.
- Create a coherent farmhouse kitchen and service area from the dated kitchen, separate scullery and pantry.
- Make the most of the roughly one-acre setting, mature gardens and extensive traditional brick outbuildings, subject to assessing their condition and feasible use.
Key risks
- Significant reported cracking in internal and external walls and uneven floors throughout require structural investigation before the repair scope and budget can be settled.
- The £120,000–£250,000 works range, damaged interiors and weathered farmhouse and outbuildings point to a full-gut programme, with substantial budget and programme demands rather than a cosmetic refresh.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,322
Based on a loan of £262,500 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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