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Hill Farm Lane, Drinkstone, Bury St Edmunds IP30

East of England

£850,000
Listed on 20/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
4488 sqft

Description

This charming Grade II Listed farmhouse, dating back to the 16th century, is nestled on elevated ground in the village of Drinkstone, mid-Suffolk. The property spans a generous 4,488 square feet and features four spacious bedrooms located on the first floor, accessible via two distinct staircases. The versatile layout includes three sizable reception rooms, two conservatories, a breakfast room, and a kitchen/dining area on the ground floor, all offering ample space for renovation and modernization. Original architectural details abound throughout the home, providing a glimpse into its storied past. Highlights include oak doors and beams, an inglenook fireplace, impressive oak flooring and staircases, as well as leaded and sash windows that add character. While the property requires modern updates to maximize its potential, it remains habitable and dry. Set within approximately two acres of private gardens filled with established exotic trees, this property offers various outdoor spaces for leisure or development. A gated drive provides parking for multiple vehicles and leads to both front and rear areas. The grounds contain well-maintained lawns, south- and west-facing patios ideal for outdoor entertaining, two large ponds—hinting at a previous moated design—and several outbuildings including garages, an office space, a potting shed, and a garden room. For those interested in additional investment opportunities, there is also the option to acquire an adjacent 10.72 acres of arable land through separate negotiation. This land comprises two fields along the western boundary of the property and presents further possibilities for agriculture or development. Located just a mile from Woolpit—a village featuring essential amenities such as a Co-op supermarket, public house, primary school, and health center—this farmhouse is conveniently situated near major transport routes. The A14 is easily accessible within five minutes by car, making Bury St Edmunds and Stowmarket reachable within ten miles. Essential services include mains electricity and water supplies (with shared water arrangements), while a private sewage treatment plant serves the property. The local council tax band for this residence is Band G. This property represents both an opportunity for personalisation through renovations while also serving as a promising investment in a desirable location with growth potential.

Investment Analysis

(IP30 area)

Below Market Value

This property is priced -41.6% below area average per sq ft

-41.6%
Potential saving
This Property
£189/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.6%

Renovation Potential

Est. Renovation Cost
£85,000 - £212,500
10-25% of property value
Target Value
£1,601,745
10% above area average per sq ft
Potential ROI
+50.8%
After renovation
Monthly Sales
9
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (IP30)

Area prices are falling by +4.4% over the last 12 months
3 year growth: -4.6%
5 year growth: 6.0%
Investment Disclaimer: Analysis based on IP30 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Hill Farm Lane, Drinkstone, Bury St Edmunds IP30
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