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Boxted, Bury St. Edmunds

East of England

£390,000
Listed on 17/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2378 sqft

Description

This approximately 1-acre site features a disused modern barn structure, originally serving as a grain store. The building has a concrete frame and upper asbestos cladding, accompanied by an internal metal-clad layout at the lower levels. With its strategic location set back from a tranquil country lane, it offers excellent access via an existing private drive leading to an unclassified road. Proximity to local villages and major routes enhances its appeal for potential residential development. Notably, planning permission has been granted for conversion into a dwellinghouse under the General Permitted Development Order, allowing for significant investment opportunities. The site includes approved plans for parking and external amenity space, making it an enticing prospect for future developers looking to transform this structure into a modern home amidst the open countryside context. Furthermore, basic utilities such as electricity are connected, with mains water available nearby, paving the way for renovation.

Investment Analysis

(IP29 area)

Below Market Value

This property is priced -49.3% below area average per sq ft

-49.3%
Potential saving
This Property
£164/sq ft
Area Average
£324/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£846,604
10% above area average per sq ft
Potential ROI
+72.8%
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

Boxted, Bury St. Edmunds
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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
£1,429
Based on a loan of £292,500 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