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Replacement Dwelling at Moat Farm, Parliament Heath, Groton, Suffolk - Image 1
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Replacement Dwelling at Moat Farm, Parliament Heath, Groton, Suffolk

East of England

£425,000
Listed on 09/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2291 sqft

Description

This property offers a compelling renovation and investment opportunity nestled in a tranquil rural setting, spanning approximately 2.85 acres. The land is part of an established arable farm, located within the picturesque parish of Groton, providing both seclusion and natural beauty. The site has received full planning permission for the construction of a two-storey detached home, which will replace an existing agricultural barn. The approved design encompasses around 213 square meters (2,291 square feet) and features a functional layout that includes a welcoming hall, cloakroom, open-plan kitchen/dining/living area, utility room, snug, galleried landing, three double bedrooms—two with ensuite facilities—a further bedroom or study, and a family bathroom. The planning approval also allows for the repositioning of the new dwelling further northeast into its designated residential curtilage. This adjustment optimizes the site’s layout and enhances the overall appeal of the future home. Prospective buyers can review detailed planning documentation through Babergh & Mid Suffolk's planning portal under reference DC/24/04501. In addition to the main parcel of land, the sale includes an additional 2.48 acres currently classified as amenity space. Extending residential use into this area would require a separate application but presents further potential for development or personalization. Groton itself is characterized by its charming rural ambiance and small village amenities such as a parish church and The Fox & Hounds pub. Located just over two miles away is Boxford village, which offers essential services including a primary school, several pubs, community hall, and various shops catering to daily needs. Access to the property is via a county lane leading to a shared driveway with formal rights of way granted to successors for ease of access and maintenance contributions. Additional advantages include that the property lies entirely within Flood Zone 1, indicating minimal flood risk. While mains water and electricity connections are nearby, future owners will need to arrange these installations along with anticipated foul drainage through a biological sewage treatment plant. This unique opportunity not only provides space for an impressive new residence but also allows for potential growth in land use within this desirable rural setting.

Investment Analysis

(CO10 area)

Below Market Value

This property is priced -45.1% below area average per sq ft

-45.1%
Potential saving
This Property
£186/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£252
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£350,000 - £500,000
Target Value
£851,164
10% above area average per sq ft
Potential ROI
-8.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CO10)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -3.9%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on CO10 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

Replacement Dwelling at Moat Farm, Parliament Heath, Groton, Suffolk
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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
£1,557
Based on a loan of £318,750 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