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Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 1
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 2
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 3
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 4
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 5
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 6
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 7
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 8
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 9
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 10
Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD - Image 11

Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD

East of England

£350,000
Listed on 01/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1141 sqft

Description

This distinctive property comprises a Grade II* listed windmill and a Victorian cottage, situated in the desirable rural village of Bardwell, between Bury St Edmunds and Diss. This is a unique opportunity for those looking to invest in a historic property with significant potential for refurbishment. The windmill, which has undergone careful restoration following storm damage, retains its operational status and is complemented by an adjoining brick-and-flint outbuilding that offers opportunities for conversion into a home office or studio, pending planning approval. The cottage itself spans approximately 1,200 sq ft across two levels, featuring characterful living spaces including a sitting room and dining room with fireplaces, alongside a spacious kitchen and four bedrooms on the upper floor. While the cottage is habitable, it presents ample scope for modernisation to enhance its appeal. Additional facilities include a large workshop set in a red-brick outbuilding at the rear of the plot, making it suitable for various uses or further development. Given its location in Bardwell—a village that fosters community living through local amenities such as pubs and schools—this property holds significant investment potential for both residential and commercial opportunities.

Investment Analysis

(IP31 area)

Below Market Value

This property is priced -6.1% below area average per sq ft

-6.1%
Potential saving
This Property
£307/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£324
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£409,978
10% above area average per sq ft
Potential ROI
-8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (IP31)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -5.6%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on IP31 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

Bardwell Windmill and Cottage, The Windmill, School Lane, Bardwell, Suffolk IP31 1AD
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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
£1,262
Based on a loan of £262,500 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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