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The Street, Southolt, Eye, Suffolk, IP23

East of England

£1,500,000
Listed on 13/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3706 sqft

Description

Dovermoor offers a unique opportunity for investors or homeowners looking for a substantial property with significant renovation potential. Nestled in a tranquil rural setting and extending across approximately 3 acres, this house boasts extensive gardens, an outdoor swimming pool, and a tennis court, making it ideal for those who value both space and leisure. Although the current owners have made considerable restorations, there remains potential to further enhance the property—particularly in optimizing the substantial second floor which is currently utilized as an office but could be transformed into additional living quarters or guest accommodation. The interior features numerous charming elements such as exposed beams and polished oak floors that add character and warmth. The kitchen is fitted with high-quality bespoke wooden units and modern appliances; however, there may be room for updates to match contemporary preferences or enhance energy efficiency. Outside, the property includes outbuildings like a large Suffolk barn previously used as stables, which holds promise for conversion into ancillary accommodation upon obtaining necessary consents. Surrounded by well-established gardens with mature trees providing privacy, this home also features a variety of recreational areas including a beautiful kitchen garden and greenhouse. With strategic investments aimed at modernizing key aspects of the home while preserving its charm, Dovermoor could become an exceptional residence or lucrative rental property in the attractive village of Southolt.

Investment Analysis

(IP23 area)

Above Market Value

This property is priced +36.1% above area average per sq ft

+36.1%
This Property
£405/sq ft
Area Average
£298/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,212,789
10% above area average per sq ft
Potential ROI
-25.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (IP23)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -11.0%
5 year growth: +11.3%
Investment Disclaimer: Analysis based on IP23 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

The Street, Southolt, Eye, Suffolk, IP23
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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
£5,313
Based on a loan of £1,125,000 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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