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Colethorpe Lane, Barrow, Bury St. Edmunds IP29

East of England

£325,000

Listed on 05/07/2026

Property details

Bedrooms
3
Type
Detached house
Area
818 sqft

Description

Located in the scenic village of Barrow, this cottage offers a unique opportunity for those looking to invest in a property with significant renovation potential. Dating back to the early 1900s, the home features an appealing combination of brick and flint under a tiled roof and is set on a notably expansive plot with serene field views, perfect for tranquil living. After being held by the same family for nearly six decades, this cherished residence is now primed for new ownership that will breathe fresh life into its character. While the property has been extended over time to adapt to its owners' needs, it requires modernization throughout, providing buyers with ample scope to tailor the space according to personal taste and contemporary standards. Additionally, there is potential for further extension pending necessary approvals, making it an attractive project for those keen on expanding their living space. The internal layout includes an open storm porch leading into a welcoming entrance hall that connects to a generously sized sitting room featuring large windows that invite plenty of natural light. The kitchen/dining area offers exciting possibilities for redesigning and upgrading. Currently fitted with worktops, appliance space, and an integral pantry cupboard, it retains an original fireplace adding to its charm. A lean-to sunroom connects through from the kitchen while a ground-floor bathroom provides necessary amenities. Upstairs, three bedrooms await – two doubles and one single – with one bedroom conveniently equipped with a WC and wash basin. Modern benefits include UPVC double glazing and electric storage heating systems. Outside, you'll find driveway parking alongside a detached garage featuring double doors. Note that asbestos is present within the garage framework and sunroom roof area. The garden is primarily lawned and enriched with mature hedging and shrubs which create a feeling of privacy and serenity within this spacious plot offering delightful views across fields. Barrow village boasts essential amenities including shops (with a Post Office), pubs, medical facilities, schools, and recreational activities all within close reach. With excellent transport links via the A14 connecting you easily to larger towns like Bury St Edmunds and beyond, this location combines both rural charm and practical convenience.

Investment analysis

(IP29 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£397/sq ft
Area Average
£326/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£292,885
10% above area average per sq ft
Potential ROI
-25.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP29)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -1.9%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on IP29 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

Colethorpe Lane, Barrow, Bury St. Edmunds IP29
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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
£1,228
Based on a loan of £243,750 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.

Stamp duty calculator

Price History

-7.1% since listed
£325,000£25,000(-7.1%)
04/07/2026
Current price
£350,000Initial listing
17/06/2026

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