We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · IP25 6QX
For saleReduced £45k (−7.6%) on 25 OctListed 354 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Old Farm is a quintessential thatched farmhouse set within beautiful countryside surroundings, offering a wonderful sense of peace and privacy.
Believed to date from the 17th century, this charming Grade II listed home has been thoughtfully extended to combine authentic period character with spacious, light filled living.
Stepping inside, the atmosphere is immediately warm and welcoming.
The impressive sitting room, with its striking brick inglenook fireplace and exposed oak beams, creates a heart to the home perfect for relaxing or entertaining.
French doors open through to a bright conservatory where views across the gardens provide a serene backdrop.
The country kitchen features a traditional AGA and plenty of space for family within the separate formal dining room, complemented by a useful utility area and WC.
Upstairs, four generous bedrooms include a principal offering en-suite with walk-in shower and delightful views over the surrounding fields.
Each room retains its individual charm while offering practical comfort for modern family life.
The gardens are a true highlight, beautifully established with sweeping lawns, orchard trees and a productive vegetable patch framed by white picket fencing.
A private courtyard, greenhouse and detached double garage complete with work benches and electric doors, with a long gravel drive offering ample parking.
Situated within the peaceful village of Merton, the home enjoys easy access to scenic countryside walks and local amenities in nearby Watton.
Old Farm represents an exceptional opportunity to enjoy a lifestyle of calm, character and connection in one of Norfolk’s most tranquil settings.
MERTON Merton, a peaceful village set amidst the rolling countryside of Breckland, Norfolk, offers a charming blend of rural serenity and timeless character.
Surrounded by farmland and woodland, it provides the perfect escape for those seeking a slower pace of life while remaining close to nearby market towns such as Watton.
At the heart of the village stands the historic Merton Hall Estate, once home to the de Grey family, with its grand parkland and heritage deeply woven into the area’s identity.
The surrounding landscape is dotted with traditional cottages and period homes, many boasting far-reaching views across open fields.
Residents of Merton enjoy easy access to the amenities of Watton, including shops, schools, a GP surgery, and leisure facilities, while Thetford and Dereham are just a short drive away for wider services and connections.
Outdoor enthusiasts can enjoy scenic walks through the Breckland countryside, with Thetford Forest’s extensive network of trails offering excellent opportunities for cycling, wildlife spotting, and adventure.
For a relaxed evening, nearby villages such as Thompson and Griston offer cosy country pubs serving local ales and hearty fare, perfect after a day exploring the Norfolk landscape.
Steeped in history and surrounded by natural beauty, Merton embodies the essence of rural Norfolk living – peaceful, picturesque, and rich in character. SERVICES CONNECTED Mains water and electricity.
Oil fired central heating. Drainage via septic tank. COUNCIL TAX Band E. ENERGY EFFICIENCY RATING An Energy Performance Certificate is not required for this property due to it being Grade II listed.
TENURE Freehold. LOCATION What3words: ///villas.squirted.highlight WEBSITE TAGS perfect-views cosy-cottages village-spirit family-life Parking - Driveway Parking - Garage
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Handsome Thatched Farmhouse in Merton
Explore nearby
