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Wickham Road, Thwaite

East of England

£725,000
Listed on 30/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2292 sqft

Description

This charming thatched residence, with roots tracing back to the 16th century, presents a unique opportunity for those looking to invest in a property rich in history while also offering modern comforts. Honeypot Cottage is set on approximately 1.3 acres of picturesque grounds, featuring mature trees, an orchard, and a tranquil wildlife pond, all set against the backdrop of rolling Suffolk fields. The house has undergone thoughtful updates over the years but retains its character with features like exposed beams and original fireplaces. Inside, the layout encourages versatility with multiple living areas, including a self-contained annexe ideal for guests or potential rental income. The property also boasts ongoing planning for significant enhancements, including converting the garage into additional accommodation and modernising parts of the existing home. This flexibility positions Honeypot Cottage as not just a residence but a canvas for further development tailored to your vision. Outside, the expansive gardens present opportunities for landscaping or even establishing additional structures. Located in the serene village of Thwaite, with easy access to amenities and transport links, this property harmoniously blends rural tranquility with investment potential.

Investment Analysis

(IP23 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£316/sq ft
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£757,242
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (IP23)

Area prices are rising by +11.5% over the last 12 months
3 year growth: -8.1%
5 year growth: +17.5%
Investment Disclaimer: Analysis based on IP23 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

Wickham Road, Thwaite
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,615
Based on a loan of £543,750 over 30 years at 4.06% 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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