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Sotterley, Suffolk

East of England

£795,000
Listed on 20/03/2025

Property Details

Bedrooms
4
Type
Detached

Description

This Grade II Listed farmhouse presents a remarkable opportunity for restoration and customization, situated on the scenic Sotterley Estate and set within 2.5 acres of land. Known as Pond Farm, this charming red brick property features a classic pan-tiled roof and includes an adjoining barn that offers significant potential for extension or reconfiguration into modern living spaces. Previously held by a family engaged in farming, the property is now ripe for transformation into a spacious family home, conveniently located just a short drive from the coast. The existing layout comprises a kitchen, sitting room, two additional reception rooms, and a lean-to extension on the ground floor. The first floor hosts three double bedrooms along with a family bathroom and an additional single bedroom. Outside, the property boasts ample parking access via a drive and various outbuildings that also require repair—these include a former granary, workshop, cart lodge, and bullock pen. Two ponds enhance the natural charm of this estate, framed by gardens that extend beyond to meadowland. The elevated position provides picturesque views across the surrounding farmland and common land. With mains water and electricity already connected and drainage systems in place via cesspit, the framework for renovation is established. This unique offering has never been marketed before, making it a rare investment opportunity for those looking to create their dream residence in this tranquil rural setting.

Investment Analysis

(NR34 area)
Area Average
£293/sq ft
Avg Rent (weekly)
£218
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (NR34)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -11.6%
5 year growth: -1.2%
Investment Disclaimer: Analysis based on NR34 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

Sotterley, Suffolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,816
Based on a loan of £596,250 over 30 years at 3.91% 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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