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Thoroughfare, Woodbridge, Suffolk, IP12 - Image 1
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Thoroughfare, Woodbridge, Suffolk, IP12

East of England

£275,000
Listed on 15/03/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This Grade II Listed office building is situated in the heart of Woodbridge, presenting a compelling opportunity for redevelopment, subject to obtaining the necessary planning permissions. The property features two stories of brick construction beneath a traditional pitched clay tile roof. On the ground floor, there are three principal rooms along with a strong room and restroom facilities. Internal stairs lead to the first floor where you'll find three additional spacious rooms that maintain various period characteristics. Electric heating is currently installed, but consideration should be given to updating services. A rear door accesses a small enclosed courtyard that includes another restroom and an exit onto Oak Lane. With its central location in a vibrant market town known for its diverse independent retail scene and close proximity to public transport links, this building could be transformed into residential units or other commercial uses, depending on future planning outcomes. The property is connected to mains electricity, water, and foul drainage, though it should be noted that the previous gas supply has been disconnected. Given the listed status and potential for conversion, integrating modern amenities while preserving historical elements could increase both value and appeal.

Investment Analysis

(IP12 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£277
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (IP12)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -4.7%
5 year growth: +4.1%
Investment Disclaimer: Analysis based on IP12 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

Thoroughfare, Woodbridge, Suffolk, IP12
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 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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