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Mill Lane, Baylham, Ipswich, Suffolk, IP6 - Image 1
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Mill Lane, Baylham, Ipswich, Suffolk, IP6

East of England

£375,000
Listed on 08/04/2026

Property Details

Bedrooms
2
Type
Detached

Description

This Grade II* Listed Mill House, accompanied by a former mill, offers a rare opportunity for a comprehensive renovation across approximately 3.5 acres of land. The Mill House, with origins in the early 16th Century, features several original elements that can be restored to highlight its historical significance. Currently, the layout includes an entrance hall, dining room, and kitchen on the ground floor, while upstairs are two bedrooms and a bathroom alongside additional rooms connected to the former mill structure. The mill itself is recognized as one of Suffolk's most notable water mills and showcases impressive internal machinery, including cast iron components and multiple pairs of millstones — all awaiting restoration. It has not been operational since around 1987, presenting a substantial project to bring it back to life. The property’s extensive grounds featuring beautiful river views provide ample potential for landscaping or further development. Located off a quiet road in the Gipping Valley, this site offers good access to local amenities and transport links. With careful planning and vision, this unique property could be transformed into a stunning residence or investment opportunity.

Investment Analysis

(IP6 area)
Area Average
£317/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP6)

Area prices are falling by -5.5% over the last 12 months
3 year growth: -10.7%
5 year growth: 0.0%
Investment Disclaimer: Analysis based on IP6 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 Lane, Baylham, Ipswich, Suffolk, IP6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,328
Based on a loan of £281,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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