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See how verdicts work4-bedroom detached house · LN3 4DP
No longer listedReduced £25k (−6.7%) on 13 AugListed 384 days
Opportunity summary
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About
Substantial Period House with Outbuildings on a Large Plot.
Lovelle are delighted to present this rare and versatile opportunity, combining a 4-bedroom period home, and a large rear plot with extensive outbuildings including a barn, garages, and stores.
Situated in a desirable village setting, the property is ideally suited to builders, developers, or investors looking for a multi-use site with scope to add significant value.
Main House (4 Bedrooms)A spacious and characterful detached period home set in the heart of the sought-after village of Reepham, offering a wealth of charm, individuality, and exciting potential for modernisation.
This distinctive four-bedroom home stands proudly on the High Street and offers a rare opportunity to purchase a property of real character with a versatile layout, generous room proportions, and an abundance of original features throughout.
The ground floor includes two generous reception rooms, both with feature fireplaces and sash windows to the front, along with a spacious dining kitchen fitted with traditional pine cabinetry and an original range recess.
There is also a ground floor bathroom with both bath and separate shower, a useful pantry, and a further WC.
A rear porch leads out to the mature enclosed garden, which enjoys a pleasant westerly aspect.
Upstairs, the layout is particularly unique, featuring two separate staircases —each side of the house providing access to two double bedrooms, creating a sense of privacy and charm rarely found in modern homes.
Several of the rooms enjoy character fireplaces, and the quirky split-level floor design adds to the property’s individuality.
Externally, there is a low-maintenance walled frontage, while to the rear, the property enjoys a well-kept lawned garden with mature borders and space for outdoor seating.
While requiring a degree of updating, this wonderful home offers the perfect canvas to create a beautiful family residence in a highly desirable village setting.
Land & Outbuildings To the rear lies a large, private plot with an impressive range of outbuildings, including a barn, garaging, and various stores.
These offer a wealth of potential for: Workshops or storage for business use Conversion to additional dwellings/holiday cottages (subject to planning) AirBnB or rental units, maximising income potential Redevelopment opportunities, taking advantage of the generous footprint The outside space opens up countless possibilities for those looking to create a mixed-use site or explore development prospects, making this a standout investment opportunity.
EPC rating: C.
Main House Entrance Hall (0.95m x 0.94m (3'1" x 3'1")) Living Room (4.25m x 3.83m (13'11" x 12'7")) Dining Room (4.25m x 3.8m (13'11" x 12'6")) Kitchen (4.26m x 3.64m (14'0" x 11'11")) Porch (1.73m x 0.89m (5'8" x 2'11")) Pantry (1.78m x 0.97m (5'10" x 3'2")) Inner Hallway (2.22m x 0.95m (7'3" x 3'1")) WC Bathroom (2.63m x 2.5m (8'8" x 8'2")) Pantry (2.86m x 1.4m (9'5" x 4'7")) Landing (0.94m x 0.81m (3'1" x 2'8")) Bedroom 1 (4.26m x 3.78m (14'0" x 12'5")) Bedroom 2 (4.26m x 3.92m (14'0" x 12'10")) Landing (1m x 0.9m (3'3" x 2'11")) Bedroom 3 (4.08m x 4.3m (13'5" x 14'1")) Bedroom 4 (3.9m x 4.28m (12'10" x 14'1")) Outside Garden Land, Outbuildings & Potential To the rear of the main house and cottage lies a large plot which includes a variety of outbuildings, offering tremendous scope for a wide range of uses.
The site currently incorporates a traditional brick barn, several garages, and useful store buildings, all of which could serve immediate practical purposes or form the basis of future redevelopment (subject to the necessary consents).
Future Potential For builders, developers, or investors, the outbuildings present exciting opportunities: Conversion projects – the barn and other structures could be reimagined as additional dwellings, holiday lets, or home offices.
Workshops or business premises – ideal for those needing on-site storage, garaging, or space for trades and small enterprises.
Leisure and lifestyle use – the land provides ample space for gardens, outdoor entertaining, or hobby areas, with the buildings lending themselves to stables, studios, or workshops.
Rental and income generation – with the growing demand for AirBnB and self-cate Agents Note These particulars are for guidance only.
Lovelle Estate Agency, their clients and any joint agents give notice that:- They have no authority to give or make representation/warranties regarding the property, or comment on the services, tenure and right of way of any property.
These particulars do not form part of any contract and must not be relied upon as statements or representation of fact. All measurements/areas are approximate.
The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 18A, High Street, Reepham
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