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Bardwell, Suffolk

East of England

£549,950
Listed on 05/07/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2300 sqft

Description

Nestled in a picturesque rural village between Bury St Edmunds and Diss, this unique property presents an exceptional opportunity for renovation and investment. Comprising a Grade II* windmill, a detached Victorian cottage, and a spacious workshop, the site offers considerable potential for transformation. The cottage, which spans approximately 1,200 square feet across two floors, maintains its charm while inviting modern updates. The layout includes a cozy sitting room and dining room with fireplaces, alongside a generous kitchen/breakfast area equipped with ample storage and workspace. A ground-floor shower room adds convenience to the living space. There are four bedrooms on the first floor, accessible via two interconnected staircases, each boasting views of the adjoining gardens and windmill. Adjacent to the cottage is a brick-and-flint outbuilding that includes additional storage space. This structure could serve as an ideal home studio or workspace, subject to planning permissions. At the rear of the property stands a substantial red-brick Victorian workshop (592 square feet), currently outfitted for practical use but ripe for reimagining in various capacities. The striking windmill itself dates back to circa 1823 and has undergone extensive renovations to restore its historic features while ensuring it operates effectively today. Recent improvements include new sails and fan tail added between 2010 and 2014, as well as updated windows and doors that honor the building’s original style. The windmill contains traditional French Burr milling stones—capable of being turned by both wind and electric motor—which enhances its functionality. Set within approximately 0.25 acres of grounds, the property features a parking area leading to an enclosed garden filled with mature trees and shrubs that offer privacy and tranquility. Additional amenities include access to a gardener's WC near the workshop. Bardwell village boasts local amenities such as a welcoming public house, an active Sports and Social Club with cricket and football teams, alongside family-friendly restaurants like the Grumpy Goat. With its idyllic surroundings and vibrant community spirit, this location not only stands out for its natural beauty but also represents a sound investment opportunity given its proximity to Bury St Edmunds—a town celebrated for its historical architecture and cultural offerings. This property is being offered for sale for the first time since 1987, making it an intriguing prospect for those looking to invest in something truly special with both character and potential in this stunning rural setting.

Investment Analysis

(IP31 area)

Below Market Value

This property is priced -25.6% below area average per sq ft

-25.6%
Potential saving
This Property
£239/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£316
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£813,142
10% above area average per sq ft
Potential ROI
+25.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP31)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -5.8%
5 year growth: 13.1%
Investment Disclaimer: Analysis based on IP31 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

Bardwell, 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
£2,015
Based on a loan of £412,462 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