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

East of England

£325,000
Listed on 29/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1141 sqft

Description

This property presents a distinctive opportunity to acquire a Grade II* listed windmill alongside a Victorian cottage and versatile outbuildings in the picturesque village of Bardwell, Suffolk. Offered for sale for the first time in nearly four decades, this estate is steeped in history and functionality. The windmill, which has been impressively restored to working order since its original construction in 1823, provides an intriguing blend of heritage and operational capability, harnessing wind power while also offering electric functionality during calmer periods. The surrounding buildings include a spacious cottage (1,200 sq ft) that invites potential renovation to enhance its charm and modern livability. Featuring a welcoming sitting room and dining area equipped with traditional fireplaces, a well-proportioned kitchen/breakfast room, and four interconnected bedrooms with picturesque views of the gardens, the cottage holds significant potential for updating or reconfiguration. Additionally, the adjoining brick-and-flint structure previously operated as a shop, currently serves as valuable storage but could be adapted into creative spaces or small business operations—subject to planning permissions—making it an ideal investment for entrepreneurial buyers. The large workshop at the rear (592 sq ft) adds further utility, suitable for various domestic projects or commercial ventures. This property not only offers residential living but also presents excellent business prospects within a supportive community environment. With local amenities nearby and easy access to major towns like Bury St Edmunds and Diss, this investment opportunity balances rural charm with practical possibilities for growth.

Investment Analysis

(IP31 area)

Below Market Value

This property is priced -12.8% below area average per sq ft

-12.8%
Potential saving
This Property
£285/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
-3.5%
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
£1,172
Based on a loan of £243,750 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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