Fine & Country says ..

Property Oracle says ..

This property, located on Market Hill in Woodbridge, Suffolk, presents a unique opportunity. The Grade II Listed building currently operates as a violin shop and comprises three separate units: a ground-floor shop, a first-floor two-bedroom apartment, and a ground-floor studio apartment. This versatile configuration offers the potential for rental income or combined residential and business use. The property’s location in the heart of Woodbridge is highly advantageous. Woodbridge is a popular Suffolk town with a vibrant high street, excellent amenities, and proximity to beautiful countryside. The town boasts a railway station with links to Ipswich and beyond, making commuting relatively straightforward. The immediate surroundings of the property showcase the charm of historic Woodbridge, with picturesque streets and well-maintained buildings. While the photos show a unique and potentially charming interior, a thorough survey is advised to ascertain the extent of any necessary repairs or renovations. The limited outdoor space is a factor to consider. The small rear garden and yard are adequate for the property’s type and location, but it’s not extensive. The price point of £850,000 is generally in line with property values in Woodbridge. Nevertheless, the absence of detailed pricing information for comparable properties limits a complete price-per-square-foot analysis. However, given the potential rental income from the additional units, the asking price may represent good value for money. Overall, this is an interesting and potentially profitable property, ideal for someone seeking a unique investment or business/residential combination in a desirable location. Further due diligence is required to fully evaluate the renovation needs, and potential rental income.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images