Worst House on the Street Logo
Turnpike Road, Red Lodge, Bury St. Edmunds IP28 - Image 1
Turnpike Road, Red Lodge, Bury St. Edmunds IP28 - Image 2
Turnpike Road, Red Lodge, Bury St. Edmunds IP28 - Image 3

Turnpike Road, Red Lodge, Bury St. Edmunds IP28

East of England

£500,000
Listed on 15/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This land parcel in the appealing village of Red Lodge, Suffolk, represents a unique investment opportunity with full planning permission to construct four residential homes. Ideal for developers or investors seeking a project with immediate potential, this site comes equipped with approved designs for a mix of family-oriented and spacious modern residences. Each planned home includes private gardens and off-road parking, catering to both owner-occupiers and renters alike. The proposed development consists of two 4-bedroom detached houses, each featuring garages, alongside two 3-bedroom homes. Given its strategic location close to essential amenities such as schools and shops, along with excellent transport links via the A11 and A14, this site benefits from strong demand in a rapidly growing area. This is not just land; it’s a thriving investment ready for those looking to capitalize on the housing market's potential in East Anglia.

Investment Analysis

(IP28 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£318
Avg Yield
5.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (IP28)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -4.0%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on IP28 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

Turnpike Road, Red Lodge, Bury St. Edmunds IP28
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.