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Forward Green, Stowmarket, Suffolk, IP14 - Image 1
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Forward Green, Stowmarket, Suffolk, IP14

East of England

£425,000
Listed on 19/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique property offers an excellent opportunity for renovation and investment. With full planning permission already in place, the former chapel and its accompanying outbuilding are poised for conversion into two contemporary residential dwellings. Situated on approximately 0.7 acres, this expansive plot allows for creative development while maintaining a connection to its historic roots. Located in the tranquil village of Forward Green, the property benefits from a peaceful setting that appeals to those seeking a retreat from urban life. The surrounding area is characterized by scenic landscapes and a close-knit community, enhancing the attractiveness of potential residential units. Investors will appreciate the potential for significant value addition through thoughtful renovations, transforming this distinctive space into modern homes that cater to current market demands. This project not only promises a rewarding future but also preserves the architectural charm of a bygone era.

Investment Analysis

(IP14 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP14)

Area prices are falling by +4.8% over the last 12 months
3 year growth: -4.6%
5 year growth: 10.5%
Investment Disclaimer: Analysis based on IP14 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

Forward Green, Stowmarket, Suffolk, IP14
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Mortgage Calculator

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£
£
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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