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Hinderclay Road, Redgrave

East of England

£475,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1768 sqft

Description

Nestled in the picturesque village of Redgrave, this substantial detached house offers a promising investment opportunity on a generous plot of approximately 0.25 acres. Originally built as a bungalow in the 1990s, the property has undergone notable transformations including a loft conversion that introduces three additional double bedrooms along with an en-suite and bathroom on the upper floor. The ground level features spacious living areas such as an entrance hall, cloakroom, and a sizable sitting room complete with a wood burner, alongside an open plan kitchen diner that flows into a bright conservatory. With its traditional brick construction and benefits like oil-fired central heating and UPVC double glazing, the house is currently well-presented. However, there are various avenues for further enhancement or customization to maximize its potential. External features include ample off-road parking via a shingle driveway, a detached garage equipped with power and light, and a versatile workshop space. The expansive gardens present opportunities for landscaping or creating outdoor living areas. Notably, there is also the potential to convert the cart lodge at the rear into an annex subject to obtaining necessary planning permissions. This property's prime location near essential amenities and transport links to larger towns like Diss makes it an appealing choice for renovation enthusiasts or investors looking to capitalize on its existing charm while imparting personal touches.

Investment Analysis

(IP22 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£269/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£583,537
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
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP22)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -4.2%
5 year growth: 17.2%
Investment Disclaimer: Analysis based on IP22 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

Hinderclay Road, Redgrave
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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