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The Rookery, Eye IP23

East of England

£550,000
Listed on 19/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3289 sqft

Description

This Georgian Grade II listed residence, known as The Rookery, presents an exceptional opportunity for prospective buyers looking to blend historical charm with modern conveniences. Characterized by its striking period features including original woodwork and fireplaces, the spacious interior layout is ideal for families or those who love to entertain. With five generous bedrooms and two attic rooms on the second floor, this home offers versatility in accommodation. The traditional craftsmanship is evident throughout with exposed beams and timber detailing adding warmth. The kitchen, featuring solid wood worktops and unique brick detailing from its historical origins, has potential for upgrades to enhance functionality while maintaining its character. The property benefits from a dry cellar for additional storage and is surrounded by picturesque mature gardens, offering privacy and ample outdoor space. In addition to existing outbuildings for practical storage needs, the off-road parking along with a garage caters well to families with multiple vehicles. With no onward chain, this property provides a rare chance to invest in a distinctive family home that invites personal touch and renovation to truly make it one's own.

Investment Analysis

(IP23 area)

Below Market Value

This property is priced -43.8% below area average per sq ft

-43.8%
Potential saving
This Property
£167/sq ft
Area Average
£298/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,076,325
10% above area average per sq ft
Potential ROI
+65.6%
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
6%
Properties sold annually

Local Market Trend (IP23)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -11.0%
5 year growth: +11.3%
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

The Rookery, Eye IP23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 over 30 years at 3.91% 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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