Between Nettlestead & Somersham, Nr Ipswich, Suffolk
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Between Nettlestead & Somersham, Nr Ipswich, Suffolk

By Clarke & Simpson

£ 225,000

Reviews

2 out of 5 stars

Clarke & Simpson says ..

A Grade II Listed Suffolk barn with planning permission for conversion to a stunning five bedroom dwelling, just outside the village of Somersham.  

Property Oracle says ..

This property is a Grade II Listed Suffolk barn situated in a rural location between Nettlestead and Somersham, near Ipswich. It’s listed at £225,000 and comes with planning permission for conversion into a five-bedroom dwelling. The existing structure presents a significant renovation project. The exterior photographs reveal considerable wear and tear, including damage to the roof and aged wooden panelling. The interior images showcase an empty, unfinished space in need of comprehensive work. The planning permission drawings show plans for the conversion and associated new construction elements such as a car park. The nearby Somersham Primary School is a positive element for families. However, the property’s remoteness might be a drawback for those seeking easy access to amenities. Transport links are limited, with the nearest train station a considerable distance away. While the price seems competitive considering the required renovations, buyers need to factor in substantial costs associated with completing the conversion. The lack of information regarding local pricing per square foot for similar conversion projects hinders a precise price evaluation. Overall, the property presents a significant undertaking but also offers the potential to create a desirable home in a peaceful setting.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
3
Location
4
Land
5
Bedrooms
0
Bathrooms
0
Sqft (est)
2,000.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
397,151.00 £
Increased by 29.46 %
from 306,778.00 £
Est sale value
786,000.00 £
Decreased by 11.29 %
from 886,000.00 £
Average area rental value
1,525.00 £/mo
Increased by 40.17 %
from 1,088.00 £/mo
Est letting value
2,000.00 £/mo
Unchanged by 0.00 %
from 2,000.00 £/mo
Est rental Yield
4.61 %
Increased by 8.22 %
from 4.26 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Clarke & Simpson created the listing.

Nearby Schools

NameTypeOfstedDistance
Somersham Primary SchoolCommunity SchoolGood1.75 KM
Elmsett Church Of England Primary SchoolAcademy Converter4.17 KM
Ringshall SchoolAcademy Converter5.17 KM
Hintlesham And Chattisham Church Of England Primary SchoolAcademy Converter5.81 KM
Bosmere Community Primary SchoolAcademy Converter5.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ipswich Road £ 950,00000.00 KM
Derrick Hill £ 000.00 KM
Church Close £ 300,00000.00 KM
Homefield Cottages £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Needham Market7354NMT6.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Between Nettlestead & Somersham, Nr Ipswich, Suffolk £ 225,000BUY4 / 100.00 KM
Offton, Ipswich £ 650,000BUY7 / 100.29 KM
The Cedars, Offton £ 950,000BUY7 / 100.52 KM
The Cedars, Offton, Ipswich, Suffolk £ 950,000BUY7 / 100.56 KM
Watering Close, Lower Somersham, Ipswich, Suffolk, IP8 £ 350,000BUY6 / 100.60 KM

Nearby Properties

AddressPriceDistance
5 Watering Close £ 247,5000.59 KM
1 Watering Close £ 155,5000.59 KM
7 Watering Close £ 165,0000.59 KM
6 Watering Close £ 335,0000.59 KM
2 Chalk Pit Cottages £ 169,5000.62 KM