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Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 1
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 2
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 3
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 4
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 5
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 6
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 7
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 8
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 9
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 10
Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28 - Image 11

Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28

East of England

£185,000
Listed on 20/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a promising opportunity for those looking to invest in a garden plot equipped with full planning consent for the construction of a bespoke Suffolk-style home. Nestled on a tranquil no-through road, the site is conveniently located near the River Lark and within easy reach of Bury St Edmunds, situated in a charming former country estate village. Spanning approximately 0.13 acres (0.05 hectares), this self-build plot offers the potential to create a comfortable three-bedroom dwelling with an additional garage. The design permits the use of traditional materials such as red brick and slate roofing, ensuring that the new construction will harmonize with its conservation area surroundings. Potential buyers will appreciate the existing boundaries comprised of hedges and trees, while some landscaping work is anticipated to establish access through the removal of a Leylandii hedge. The proposed home is designed to maximize natural light, featuring French doors in both the living room and kitchen that open onto outdoor spaces, along with scenic views from the master bedroom over the garden. The build is projected under recent planning approval, which includes specific conditions aimed at enhancing its environmental compatibility while exempting it from some biodiversity requirements due to its custom build status. This plot's clear condition—primarily grassland with an old outbuilding—allows for various development strategies moving forward, making it an attractive canvas for investors or self-build enthusiasts alike.

Investment Analysis

(IP28 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£307
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (IP28)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -4.6%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on IP28 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

Mill Road, Hengrave, Bury St Edmunds, Suffolk, IP28
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£667
Based on a loan of £138,750 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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