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Cockfield, Bury St. Edmunds, Suffolk

East of England

£365,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1459 sqft

Description

This detached bungalow, on the market for the first time since it was built in the 1960s, presents an excellent opportunity for renovation, set within a picturesque semi-rural landscape. While the property boasts well-sized living spaces and enjoyable field views from various rooms, it is clear that an extensive update is needed to bring it into modern standards. The generous plot of approximately 0.24 acres features a sizeable garden, garage/workshop space, and multiple off-road parking options, adding significant value potential. Although the interior highlights classic features such as an open fireplace and parquet flooring, they are waiting for a contemporary touch. Notably, the septic tank requires replacement to meet current environmental standards—this aspect has also been reflected in pricing considerations.

Investment Analysis

(IP30 area)

Below Market Value

This property is priced -23.8% below area average per sq ft

-23.8%
Potential saving
This Property
£250/sq ft
Area Average
£328/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£526,889
10% above area average per sq ft
Potential ROI
+18.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP30)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -6.1%
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

Cockfield, Bury St. Edmunds, Suffolk
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,302
Based on a loan of £273,750 over 30 years at 3.97% 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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