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Bardwell, Suffolk

East of England

£499,950
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2300 sqft

Description

This Grade II* windmill alongside a detached Victorian cottage and substantial workshop presents a unique renovation opportunity in the picturesque rural village of Bardwell, strategically positioned between Bury St Edmunds and Diss. Offered for sale for the first time since 1987, this property boasts a rich history, with the windmill dating back to 1823 and having undergone significant restoration following storm damage. The main residence, Windmill Cottage, offers generous accommodation across two levels, featuring a sitting room and dining room both equipped with original fireplaces. The kitchen/breakfast room provides a practical layout with ample storage but would benefit from modernisation to suit contemporary living standards. Upstairs, there are four interconnected bedrooms that provide lovely views of the gardens and mill. Additionally, the site includes an outbuilding that offers potential for conversion into a home studio or workspace, pending necessary planning approvals. The large workshop at the rear is well-suited for various uses, currently functioning as an equipped space ready for larger machinery. The windmill itself remains operational after considerable investment in its upkeep over recent years; its historic features have been maintained while ensuring functionality with both traditional wind and electric milling capabilities. The surrounding grounds encompass approximately 0.25 acres, featuring an enclosed garden filled with mature trees and shrubs, creating a private retreat while also accommodating essential amenities such as parking and utility storage. Bardwell offers a vibrant community atmosphere with local amenities including public houses and a village school, all set against the backdrop of beautiful Suffolk countryside.

Investment Analysis

(IP31 area)

Below Market Value

This property is priced -33.7% below area average per sq ft

-33.7%
Potential saving
This Property
£217/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£829,334
10% above area average per sq ft
Potential ROI
+43.0%
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
21%
Properties sold annually

Local Market Trend (IP31)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -6.1%
5 year growth: +9.6%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £374,962 over 30 years at 4.06% 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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