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Tooks Common Lane, Ilketshall St Andrew

East of England

£700,000

Listed on 12/06/2026

Property Details

Bedrooms
4
Type
Detached

Description

Dating back to the 1800s, this former ale house presents a remarkable investment opportunity on an expansive plot of approximately 4 acres (STMS). The property is rich in character and boasts multiple outbuildings, including one that has already received planning permission for conversion, adding considerable potential for further development or rental income. Upon entry, you are welcomed by a charming front porch leading into a hallway that connects to a spacious principal sitting room. This area preserves period features such as an inglenook fireplace with a wood-burning stove, perfect for creating a cozy atmosphere. Adjacent to the sitting room is another flexible reception space that offers direct garden access, making it suitable as an additional bedroom, family room, or study. The functional layout continues with a ground-floor bedroom featuring its own en-suite shower room, while a striking split-level dining area showcases high ceilings and direct access to both the kitchen and family bathroom. The kitchen overlooks the verdant rear gardens and also connects to a utility room and conservatory that provides panoramic views of the grounds. On the first floor, there are two bedrooms off a central landing with the principal bedroom boasting access to a private balcony offering elevated views of the picturesque surrounding landscape. Externally, the property benefits from ample parking through its crescent-shaped driveway and extensive wrap-around gardens ideal for outdoor activities. Beyond these gardens lie enclosed paddocks suited for equestrian use or smallholding opportunities. Additionally, there are two substantial outbuildings available for various uses, plus existing permissions for one enhancement project. Recent improvements since 2021 include a new tiled roof and boiler installation along with planned upgrades to drainage systems scheduled for August 2026. With its unique blend of historic charm, spacious interiors, and versatile outbuildings nestled in scenic countryside, this property not only invites customization but also offers significant potential for future gains.

Investment Analysis

(NR34 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£227
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR34)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -9.1%
5 year growth: +1.4%
Investment Disclaimer: Analysis based on NR34 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

Tooks Common Lane, Ilketshall St Andrew
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,645
Based on a loan of £525,000 over 30 years at 4.45% 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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