Worst House on the Street Logo
Otley, Nr Woodbridge, Suffolk - Image 1
Otley, Nr Woodbridge, Suffolk - Image 2
Otley, Nr Woodbridge, Suffolk - Image 3
Otley, Nr Woodbridge, Suffolk - Image 4
Otley, Nr Woodbridge, Suffolk - Image 5
Otley, Nr Woodbridge, Suffolk - Image 6
Otley, Nr Woodbridge, Suffolk - Image 7
Otley, Nr Woodbridge, Suffolk - Image 8
Otley, Nr Woodbridge, Suffolk - Image 9
Otley, Nr Woodbridge, Suffolk - Image 10
Otley, Nr Woodbridge, Suffolk - Image 11

Otley, Nr Woodbridge, Suffolk

East of England

£797,500
Listed on 18/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2773 sqft

Description

This remarkable residence offers the perfect canvas for those looking to invest in a substantial property with significant renovation potential. The spacious layout encompasses over 2,700 sq ft (257 sqm), featuring five well-proportioned bedrooms, including a principal suite with an en-suite bathroom, along with four additional double bedrooms and a family bathroom. Upon entering, you are greeted by a traditional entrance hall that leads into a variety of living spaces. The formal drawing room and sitting room provide distinct areas for relaxation or entertainment, complemented by an original dining room that flows into a charming garden room. The kitchen is functional and includes utility and boot rooms, along with a convenient cloakroom. The exterior of the property boasts established gardens and extensive grounds totaling approximately 2.56 acres (1.04 hectares), which include useful outbuildings and a double cart lodge. A stable block adds further versatility to the outdoor space, while former paddocks provide opportunities for extension or alternative uses. Situated just northeast of Otley village center along Chapel Road, this property benefits from access to local amenities such as shops, a primary school, medical facilities, and community hubs like the village hall and All Saints’ Church. With Ipswich approximately eight miles away and Woodbridge nearby, residents will appreciate both rural tranquility and proximity to these vibrant market towns. The area is also well-served by transport links; the A14 at Stowmarket is within 10 miles, facilitating easy travel throughout Suffolk and beyond. While Hazelwood Cottage is currently livable as-is, it presents an excellent opportunity for those wishing to customize their home through renovation or reconfiguration of the existing layout—subject to necessary consents. This flexibility allows future owners to infuse their unique style into the space. The vendors have arranged for a comprehensive building survey, which provides insights into the property's condition for interested buyers. Access to mains water, electricity, drainage, as well as heating via an oil-fired boiler ensures modern conveniences while maintaining character. Overall, this property represents not just a home but also an investment opportunity in a desirable location rich with potential for enhancement and personal touch.

Investment Analysis

(IP6 area)

Below Market Value

This property is priced -7.0% below area average per sq ft

-7.0%
Potential saving
This Property
£288/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£943,610
10% above area average per sq ft
Potential ROI
+5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP6)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -8.3%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on IP6 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.

Get Financing

Partnered with Yellow Brick Mortgages

5.0k+ 5-star reviews
Save £200 with code WHOTS
No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Location

Otley, Nr Woodbridge, Suffolk
Loading map...