Development Opportunity at Tye Farm, Monks Eleigh, Suffolk
East of England
£750,000
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
N/AType
DetachedArea
531 sqftDescription
Tye Farm is a rural conversion scheme comprising five farm buildings, a concrete yard, a pond and approximately 14.10 acres of land. The property is offered as a whole or in four lots, with consent for two dwelling conversions and a further dwelling approved under Class Q permitted development. The land has two highway access points, and vacant possession is stated for completion. Electricity is advised to be connected; buyers would need to arrange other services.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
34out of 100
Grade ELow opportunity
Confidence: LOW
Tye Farm has a distinctive rural setting, with around 14.1 acres, several farm buildings and consents for two dwelling conversions plus a third under Class Q. The visible finished-looking barn-style building, pond and maintained garden area add character, while the buildings and land offer a substantial conversion and landscaping canvas. The photos do not establish the condition or implementation status of the consented schemes, so checking the planning documents and requirements is central to judging the opportunity.
At £750,000, the asking price is markedly dear against the local £/sqf benchmark, which weighs heavily on the score; the renovation economics are also not established by the available figures. The countryside setting and consented conversion potential are compelling, but the price needs to make sense against the verified scope and costs of delivering the scheme.
Key opportunities
- Explore the consented conversions for two dwellings and the separate Class Q approval for a third, verifying conditions and implementation status.
- Make use of the approximately 14.1 acres, multiple farm buildings, concrete yard and two highway accesses as part of a broader rural scheme.
- Build on the visible character of the barn-style building, pond and landscaped setting, with scope to improve scrubby yard edges.
Key risks
- The asking price is markedly dear against the local £/sqf benchmark, weakening the value opportunity.
- The photos do not establish the condition of the consented conversion buildings, and the renovation economics are not yet clear.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,833
Based on a loan of £562,500 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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