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About This Property

Discover what makes this home special

Gorse is a charming two-bedroom house situated in the rural village of Eye, Suffolk, within the IP20 9DN postcode area. Nestled amidst peaceful countryside surroundings, this property offers a tranquil lifestyle while still being within reasonable reach of local amenities and transport links. The house is ideal for those seeking a quiet retreat with the convenience of nearby market towns and access to larger cities such as Norwich and Cambridge.

The property benefits from a generous plot size, encompassing plot numbers 107, 139, 140, and 141, providing ample outdoor space for gardening, leisure, or potential extensions. Its location offers a blend of rural charm and accessibility, making it suitable for families, retirees, or professionals working remotely who value a balance between country living and connectivity.

Property Features

This two-bedroom house boasts a spacious garden and off-street parking, set on a sizeable plot that offers potential for future extensions or landscaping projects. The rural setting ensures peace and privacy, with minimal traffic and noise pollution. The property’s layout is practical, suited for small families or couples, with flexible living spaces that can be adapted to suit individual needs. The house’s condition allows for modernization, giving buyers the opportunity to add personal touches and increase value.

Two BedroomsGenerous PlotRural LocationOff-Street ParkingPotential for ExtensionGarden+1

Local Amenities

Located in the village of Eye, the property benefits from essential local amenities including Eye Primary School, which is well-regarded and serves the community’s younger residents. The nearby Co-op Food Store and local pubs such as The Old Theatre Royal provide convenient shopping and dining options. For outdoor activities, Eye Recreation Ground offers green space for leisure and sports. Although public transport options are limited, Diss Railway Station, approximately 5 miles away, connects residents to larger cities including Norwich and London, enhancing the area’s accessibility.

Eye Primary SchoolEye Community CentreCo-op Food StoreThe Old Theatre Royal (Pub)Eye Health CentreEye Recreation Ground+1
Diss Railway Station Train Station (5.3 miles, 12 mins drive) • 50 mins by car to Norwich

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£245,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£245,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£245,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.7%
Based on £1,368/mo rent
Area Price Growth
+0.5%
Average annual increase
5-Year Value Forecast
£250,687
+£5,687 projected gain
5-Year Rent Forecast
£1,648/mo
Based on 3.8% annual growth
Price per Sq Ft£288
Annual Rent Income£16,416
10-Year ROI268%
Break-Even Point13 yrs

Property Value Projection

Based on 0.5% annual growth
£250,687
5yr
£256,506
10yr
£262,460
15yr
£268,553
20yr
£274,787
25yr
Current: £245,000

Monthly Rental Income

Based on 3.8% annual growth
£1,648
5yr
£1,986
10yr
£2,394
15yr
£2,884
20yr
£3,476
25yr
Current: £1,368/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Location

Commute Time Planner

London Liverpool Street
1h 40m
1h 45m
Norwich
30 mins
50 mins

Location Scores

45
Walk Score
Car-Dependent
38
Transit Score
Some Transit
42
Bike Score
Somewhat Bikeable
View Location Details

Future Developments Nearby

Mixed-use (Retail & Residential)+Positive Impact
Eye Town Centre Regeneration
1.5 milesEst. 2025
Infrastructure+Positive Impact
Suffolk Broadband Expansion
N/AEst. 2024
* Information based on local planning applications and may be subject to change

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£245,000
AvailableNB0000054298
View Location Analytics

Gorse

East Anglia, IP20 9DN
Briarswood, Harleston
2
Bedrooms
0
Bathrooms
850
Est. Sq ft
house
Type

Developer

Lovell Homes
Available Plot Numbers
107139140141
4 plot(s) available
Ownershipfreehold

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£245,000Gorse

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Gorse
GorseEast Anglia£245,000

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