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Hawstead, Suffolk

East of England

£650,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2955 sqft

Description

This unique 1970s residence is positioned in a serene rural environment, offering a substantial opportunity for transformation. Located on the periphery of a well-respected village near Bury St Edmunds, this property comes with the added advantage of no onward chain. The home features traditional block-and-brick construction, characterized by distinctive mono-pitched rooflines and a flat roof over an expansive garage area, which opens up possibilities for significant enhancements or extensions. Although the current owner has maintained the property over the years, it presents an ideal canvas for new owners to modernize and rejuvenate—be it through extensive renovations or refreshing existing interiors. With over 3,000 ft² of versatile living space predominantly on one level, the accommodation includes a welcoming reception hall, tiered sitting and dining areas with an open fireplace and access to an east-facing terrace. There is also a study, a ground-floor bedroom complete with an adjoining shower room accented by Italian marble tiles, and an updated kitchen featuring vibrant red high-gloss cabinetry alongside modern appliances. An internal hallway leads to a substantial garage that has been significantly expanded to accommodate five vehicles; this area is insulated and heated, providing potential for integration into the main living space or conversion into a self-contained annexe. The first floor comprises three additional bedrooms served by a modern family bathroom with expansive views over the surrounding countryside. Outside, the property boasts ample parking via a large driveway behind timber gates and features gardens enveloped by mature trees that ensure privacy while offering an opportunity to enhance views through thoughtful landscaping. Additionally, there are several timber-framed outbuildings to the west of the property—one previously serving as a recording studio—that come fitted with insulation and electricity. The outdoor area also includes an entertaining terrace equipped with a hot tub. In terms of services, mains water and electricity are connected along with private drainage facilities. While oil-fired heating remains untested, security measures include a full burglar alarm system. Nestled just three miles from historic Bury St Edmunds—a town rich in heritage known for its striking architecture and cultural attractions—this property allows for both peaceful rural living and convenience to urban amenities.

Investment Analysis

(IP29 area)

Below Market Value

This property is priced -32.0% below area average per sq ft

-32.0%
Potential saving
This Property
£220/sq ft
Area Average
£324/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,052,024
10% above area average per sq ft
Potential ROI
+42.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (IP29)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -10.8%
5 year growth: 10.4%
Investment Disclaimer: Analysis based on IP29 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Hawstead, Suffolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE