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Drinkstone Road, Gedding, Bury St. Edmunds

East of England

£350,000
Listed on 09/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1542 sqft

Description

This three-bedroom cottage presents an exciting opportunity for renovation enthusiasts and investors. Accessed via a central hall, the bedrooms are well-proportioned, providing a solid foundation for updates. The property includes a bathroom and a separate WC, which could be modernized to enhance functionality. Adjacent to the kitchen is a useful store that could easily be transformed into an open-plan space or utility area, adding value to the layout. While the interior requires comprehensive updating, it offers immense potential to reimagine it into a charming and comfortable residence. The peaceful location is complemented by surrounding countryside views, making it ideal for creating inviting gardens that highlight the property's rural charm. Additionally, the detached garage and outbuilding add versatile storage options or workshop possibilities, subject to planning permissions. With mains water, electricity, and private drainage already in place, this property is ready for your vision while presenting substantial investment potential.

Investment Analysis

(IP30 area)

Below Market Value

This property is priced -31.2% below area average per sq ft

-31.2%
Potential saving
This Property
£227/sq ft
Area Average
£330/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£559,831
10% above area average per sq ft
Potential ROI
+41.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (IP30)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -7.1%
5 year growth: -0.9%
Investment Disclaimer: Analysis based on IP30 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

Drinkstone Road, Gedding, Bury St. Edmunds
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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
£1,240
Based on a loan of £262,500 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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