Worst House on the Street Logo
Old Stone Pit Way, Cockfield IP30 - Image 1
Old Stone Pit Way, Cockfield IP30 - Image 2
Old Stone Pit Way, Cockfield IP30 - Image 3
Old Stone Pit Way, Cockfield IP30 - Image 4
Old Stone Pit Way, Cockfield IP30 - Image 5

Old Stone Pit Way, Cockfield IP30

East of England

£525,000
Listed on 09/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1636 sqft

Description

This four-bedroom detached home presents a unique opportunity for those looking to invest in a property with considerable renovation potential. Nestled conveniently between Bury St Edmunds and Sudbury, it strikes a balance between serene rural living and easy access to urban amenities. The interior layout is both functional and spacious, offering a blank canvas for future enhancements. On the ground floor, the kitchen/diner provides ample space for culinary pursuits, equipped with integrated appliances and adjacent to a utility room for added convenience. The living room features French doors that lead out to the garden, allowing natural light to flood the area. A second reception room adds versatility and can serve multiple purposes—whether as a home office, dining area, or cozy retreat. The ground floor is also complemented by a stylish cloakroom and an inviting entrance hall. Upstairs, you'll discover four generously sized double bedrooms that provide flexibility for family living or guest accommodations. The principal suite benefits from an en-suite shower room, while the other bedrooms are serviced by a modern family bathroom. The landscaped rear garden extends over picturesque views of the Suffolk countryside, offering an ideal space for outdoor activities or relaxation. Additionally, there’s a substantial outbuilding that enhances the property's appeal, presenting possibilities as a home office, gym, or creative studio. This property is not just a comfortable family home; it holds significant investment potential in a highly sought-after area. With some updates and personalization, it could transform into an even more desirable residence within this charming community.

Investment Analysis

(IP30 area)

Below Market Value

This property is priced -1.1% below area average per sq ft

-1.1%
Potential saving
This Property
£321/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£52,500 - £131,250
10-25% of property value
Target Value
£583,880
10% above area average per sq ft
Potential ROI
-11.0%
After renovation
Monthly Sales
9
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (IP30)

Area prices are falling by +4.4% over the last 12 months
3 year growth: -4.6%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on IP30 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

Old Stone Pit Way, Cockfield IP30
Map showing location of Old Stone Pit Way, Cockfield IP30
Open Map