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Milden, Suffolk, IP7

East of England

£475,000
Listed on 30/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2441 sqft

Description

This Grade II Listed thatched cottage offers a unique opportunity for renovation in a serene setting. Nestled in a private location with expansive gardens spanning approximately 0.43 acres, the property features distinctive colour-washed elevations beneath a classic thatched roof. With a generous living space of 2,440 sq ft across two floors, this cottage showcases traditional heavy timber framing and an array of potential updates to enhance its charm. The home comprises several reception rooms, including a welcoming sitting room with a brick-surround fireplace and wood burner, alongside a dining room complete with sash windows that overlook the lush rear garden. The ground floor is well laid out, featuring a snug area, garden room (also with wood burner), kitchen/breakfast space, utility room, bathroom, and separate WC. Upstairs, the first floor houses three bedrooms accessed via an impressive Minstrel’s gallery, along with an additional bathroom. Having been under the same ownership for 30 years and coming to market without onward chain, this property represents an exciting opportunity to modernize while preserving its historical significance. The exterior includes a brick-paved driveway leading to gravel parking suitable for several vehicles. The extensive garden is largely laid to lawn among mature trees—including fruit varieties—and boasts herbaceous borders as well as features like a pond and potting shed. In spring and summer months, the garden flourishes, offering potential for avid gardeners. Located on the fringes of Milden hamlet and in close proximity to Lavenham—a well-known medieval village—this cottage provides convenient access to local amenities while retaining rural tranquillity. Notable locations such as Sudbury (7 miles) give further access to commuter links toward London, enhancing its appeal for investors seeking both character and future potential.

Investment Analysis

(IP7 area)

Below Market Value

This property is priced -40.5% below area average per sq ft

-40.5%
Potential saving
This Property
£195/sq ft
Area Average
£327/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£877,491
10% above area average per sq ft
Potential ROI
+55.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP7)

Area prices are rising by +4.8% over the last 12 months
3 year growth: 0.0%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on IP7 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

Milden, Suffolk, IP7
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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
£1,740
Based on a loan of £356,250 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