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Mill Road, Newbourne IP12 - Image 1
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Mill Road, Newbourne IP12

East of England

£600,000
Listed on 22/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This compelling two-acre site in Newbourne, Suffolk, presents a unique investment prospect with outline planning permission granted for the construction of two residential dwellings. The property currently includes several outbuildings utilized as storage and workshops, offering a range of possibilities for redevelopment or enhancement. Located in an area of Outstanding Natural Beauty, the site benefits from proximity to local attractions such as Newbourne Springs nature reserve and the River Deben, enhancing its appeal for future residents. With Newbourne's growing reputation as a desirable residential and agricultural locale and easy access to nearby towns like Martlesham, Woodbridge, and Felixstowe, this property is an excellent opportunity for investors looking to capitalize on the increasing demand for housing in the region. Prospective buyers are encouraged to conduct thorough due diligence regarding access rights, covenants, and planning conditions before proceeding.

Investment Analysis

(IP12 area)
Area Average
£366/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (IP12)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.8%
5 year growth: 6.7%
Investment Disclaimer: Analysis based on IP12 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

Mill Road, Newbourne IP12
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,198
Based on a loan of £450,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE