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38 & 40 Bridge Street, Hadleigh

East of England

£375,000
Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Character Property
Area
1020 sqft

Description

This unique investment opportunity features a pair of Grade II Listed cottages, situated in the desirable vicinity of Hadleigh's cricket ground. Both No. 38 and No. 40 Bridge Street hold significant charm with their historic 16th Century elements, yet they require substantial modernization to unlock their full potential. With the prospect of merging these two semi-detached homes into a single residential unit—subject to planning approval—this property offers an exciting project for renovation enthusiasts or savvy investors. No. 38 includes a generously sized sitting room adorned with exposed timber beams and striking brickwork surrounding the fireplace, leading through to the kitchen that opens onto the rear garden. The first floor hosts two bedrooms and a family bathroom, providing a solid foundation for transformation. No. 40 also features a comfortable sitting room with a traditional red brick fireplace, with access to its own kitchen and an upstairs landing that could serve as an occasional bedroom or study area, along with a double bedroom and bathroom. The exterior boasts private gardens for each cottage, complete with useful amenities such as a workshop, garage (with power), sun terrace, and storage shed. Notably, there are existing rights of way between the properties for convenient access. Located just 0.3 miles from Hadleigh town centre—known for its rich history and vibrant community—the location provides excellent local amenities including shops, restaurants, pubs, and schools—all within easy reach. This property stands as an exceptional opportunity for those looking to invest in a prime restoration project in East of England.

Investment Analysis

(IP7 area)

Above Market Value

This property is priced +12.7% above area average per sq ft

+12.7%
This Property
£368/sq ft
Area Average
£326/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£366,109
10% above area average per sq ft
Potential ROI
-26.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP7)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -0.3%
5 year growth: +6.1%
Investment Disclaimer: Analysis based on IP7 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

38 & 40 Bridge Street, Hadleigh
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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
£1,338
Based on a loan of £281,250 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.

Stamp Duty Calculator

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