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Fen Street, Bressingham IP22

East of England

£650,000

Listed on 04/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
1464 sqft

Description

This detached bungalow, set on approximately 3-3.5 acres, presents a distinctive opportunity for renovation and development in a serene rural setting. With a history as a thriving family nursery, the property possesses significant potential for redevelopment and the establishment of various business ventures, subject to obtaining the necessary planning consents. The existing layout includes spacious accommodation with two bedrooms, a light-filled sitting room, kitchen, and utility area. While the interior requires modernization, it is equipped with UPVC double glazing and recently fitted electric heaters, making it a sound base for improvements. The expansive grounds are predominantly landscaped with mature trees and hedges, offering flexibility for both personal use and business activities. Recent enhancements include three modern greenhouses with power and water supply from a private borehole, alongside large storage sheds suitable for numerous purposes. Located near the charming village of Bressingham on the Norfolk-Suffolk border—known for its rural charm—the property benefits from easy access to local amenities in nearby market towns. Whether you're an owner-occupier or an entrepreneur looking to integrate living with workspaces, this site’s potential is vast.

Investment analysis

(IP22 area)

Above Market Value

This property is priced +50.3% above area average per sq ft

+50.3%
This Property
£444/sq ft
Area Average
£295/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Target Value
£475,793
10% above area average per sq ft
Potential ROI
-34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP22)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -3.5%
5 year growth: +4.5%
Investment Disclaimer: Analysis based on IP22 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

Fen Street, Bressingham IP22
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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
£2,456
Based on a loan of £487,500 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.

Stamp duty calculator

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