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Lynn Road, Setchey PE33

East of England

£950,000
Listed on 11/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
5364 sqft

Description

This substantial detached residence presents an excellent renovation opportunity, featuring five bedrooms and ample character derived from its agricultural roots. The layout includes an entrance hall leading to a spacious sitting room, dining area, family room, and a country kitchen with breakfast space. The interior is adorned with original beams, exposed brickwork, and generous lighting throughout. Notably, the master bedroom boasts an en-suite bathroom, while four additional bedrooms share a family bathroom on the upper level. Outside, the property is set within approximately two acres of landscaped gardens complete with ponds and mature trees, offering an ideal setting for outdoor enhancements or extensions. There's also a detached barn that comes with planning permission for conversion into a four-bedroom dwelling featuring high ceilings and modern amenities—perfect for those looking to add value through development. With off-street parking available for up to 30 vehicles and proximity to local transport links, this residence presents multiple avenues for investment potential.

Investment Analysis

(PE33 area)

Below Market Value

This property is priced -33.8% below area average per sq ft

-33.8%
Potential saving
This Property
£177/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,578,357
10% above area average per sq ft
Potential ROI
+50.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (PE33)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -6.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on PE33 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

Lynn Road, Setchey PE33
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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
£3,480
Based on a loan of £712,500 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