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Brome Avenue, Eye, Suffolk

East of England

£800,000
Listed on 27/07/2025

Property Details

Bedrooms
8
Type
Detached house
Area
2876 sqft

Description

Camomile and Lavender Cottages present a unique opportunity for those looking to invest in a property with significant renovation potential. These semi-detached cottages collectively offer over 3,000 square feet of flexible living space distributed across three levels. Characterized by numerous period features such as exposed beams and original fireplaces, the combined properties have been transformed into a single dwelling but retain the distinct identities of their original structures. Currently configured to accommodate both private living in Lavender Cottage and guest accommodation in Camomile Cottage, the layout lends itself well to various uses. The ground floor features three versatile reception rooms: a dining room, drawing room, and snug, all boasting charming period details which enhance their character. A spacious kitchen/breakfast room flows into a garden room that overlooks the expansive rear gardens—a great setting for gatherings or family activities. There is also a second kitchen area that could be adapted for utility purposes or expanded into additional living space. A convenient shower room completes this level. Accessed via two separate staircases, the first floor contains five well-sized bedrooms, including two en suite options that overlook the gardens. The second floor houses an additional two bedrooms and features an attic space ripe for conversion or additional storage—an excellent prospect for those looking to maximize the property's living area. Adjacent to the main property is Chobb's Barn, currently operating as a successful holiday let. This self-contained unit comprises an open-plan kitchen/dining/sitting area alongside a bedroom with an en suite shower room; it offers picturesque views of the grounds while generating income for its owner. Positioned within landscaped grounds of nearly an acre, the property includes beautifully maintained gardens surrounded by mature trees and hedges, providing both privacy and outdoor enjoyment areas—ideal for al fresco dining on warm days. Additional useful outbuildings are available, including a garage/office space that can serve multiple functions. Situated just one mile from Eye, a historic market town enveloped by scenic Suffolk countryside, residents benefit from local shops, schools like Hartismere School (rated outstanding), and community amenities. With good road connections via several A-roads to nearby towns such as Diss and Ipswich—which offer even more comprehensive services—the location combines rural tranquility with accessibility. This property not only offers characterful living but also substantial investment potential through its current configurations and future possibilities for expansion or conversion.

Investment Analysis

(IP23 area)

Below Market Value

This property is priced -6.0% below area average per sq ft

-6.0%
Potential saving
This Property
£278/sq ft
Area Average
£296/sq ft

Renovation Potential

Est. Renovation Cost
£80,000 - £200,000
10-25% of property value
Target Value
£935,793
10% above area average per sq ft
Potential ROI
-6.4%
After renovation
Monthly Sales
5
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IP23)

Area prices are rising by +12.9% over the last 12 months
3 year growth: -4.2%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on IP23 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

Brome Avenue, Eye, Suffolk
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