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Spexhall, Near Halesworth, Suffolk - Image 1
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Spexhall, Near Halesworth, Suffolk

East of England

£850,000
Listed on 01/05/2025

Property Details

Bedrooms
6
Type
Detached house
Area
4756 sqft

Description

Nestled within a tranquil rural setting, this Grade II Listed timber-framed residence boasts a rich history dating back to the 15th century. Featuring six bedrooms, including a principal suite with an en-suite bathroom, this property offers ample space that can be transformed into a family home or revitalized as an investment opportunity. The dimensions and configuration of the living spaces provide flexibility for renovation, allowing potential buyers to personalize their new home. The ground floor comprises various reception areas characterized by high ceilings and exposed beams, creating a sense of grandeur. A reception hall leads to both the drawing room and sitting room, each featuring fireplaces that add warmth and charm. The study overlooks the landscaped rear garden, offering a peaceful workspace, while the dining room benefits from triple-aspect views and direct access to outdoor patios. The kitchen is functional with space for modern appliances alongside a traditional oil-fired Aga. The upper levels include three additional double bedrooms served by a family bathroom, along with several attic rooms that hold great potential for conversion into further living spaces or guest accommodations—subject to relevant permissions. Each bedroom enjoys generous natural light and scenic views of the surrounding countryside. Outside, the property is approached via a private drive leading to extensive grounds covering approximately 4.8 acres, including moated gardens that enhance the aesthetic appeal of this estate. The meticulously maintained gardens feature flowerbeds and patios perfect for outdoor entertaining, while several outbuildings—including workshops and storage facilities—offer significant utility for personal use or as rental opportunities. Located just two miles from Halesworth—a market town with diverse amenities including shops, cafes, and cultural venues—the property is well-positioned for those seeking both serenity and convenience. Easy access to local rail services connects residents to larger urban centers such as Norwich (22 miles) and Ipswich (32 miles), facilitating day-to-day commutes or weekend getaways to Suffolk's renowned Heritage Coastline. With its unique combination of historic charm, expansive grounds, and renovation potential, this property presents an excellent opportunity for buyers looking to invest in a distinctive rural retreat while being part of a vibrant community. Interested parties can also access surveys conducted on the property to better understand its condition and potential renovations.

Investment Analysis

(IP19 area)

Below Market Value

This property is priced -44.3% below area average per sq ft

-44.3%
Potential saving
This Property
£179/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£85,000 - £212,500
10-25% of property value
Target Value
£1,677,513
10% above area average per sq ft
Potential ROI
+57.9%
After renovation
Monthly Sales
6
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IP19)

Area prices are falling by +9.5% over the last 12 months
3 year growth: -4.1%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on IP19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Spexhall, Near Halesworth, Suffolk
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