Martin Smith Partnership says ..
An Historic and Important former water mill situated in the idyllic heart of the Waveney Valley "The Valley of The Mills" and offering substantial 5 bedroomed accommodation arranged over 4 floors incorporating numerous original features.
Property Oracle says ..
This property is a five-bedroom character property in Fressingfield, Suffolk. It is described as a former water mill, boasting numerous original features and a scenic river location. The photographs show exposed wooden beams, brickwork, and period features, giving it considerable character. However, the property appears to need modernisation, with the furnishings, fixtures, and fittings showing signs of age. The kitchen and bathrooms appear dated, and other areas could benefit from upgrades. The property’s condition is fair rather than exceptional. The exact plot size and square footage are unavailable, making a precise evaluation of value difficult. The location offers a semi-rural setting with nearby villages having schooling options, though public transport is a factor to consider. The listed price of £950,000 is high for the area, yet comparable properties highlight this may reflect the uniqueness of the property. A thorough survey and detailed information on the square footage would be crucial before any final evaluation of the property’s worth can be made. Potential buyers should carefully consider the amount of renovation needed to modernise this historically significant property and its relation to the listed price. Overall, it’s a property with charm and potential but requiring substantial investment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 5
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 576,552.00 £Increased by 4.20 %
- Average area rental value
- 1,383.00 £/moIncreased by 51.15 %
- Est rental Yield
- 2.88 %Increased by 45.45 %
- Crime Rate
- 0.00 %
Agent Activity
Martin Smith Partnership created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Archbishop Sancroft High School (A Church Of England Academy) | Academy Converter | 2.88 KM | |
| Harleston Cofe Primary Academy | Academy Converter | 4.20 KM | |
| Harleston Area Children'S Centre | Children's Centre | 4.32 KM | |
| Fressingfield Church Of England Primary School | Academy Converter | 6.08 KM | |
| Stradbroke Church Of England Primary School | Academy Converter | 6.91 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mill Lane | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Needham, Harleston | £ 550,000 | BUY | Unknown | 0.00 KM |
| Needham, Harleston, Suffolk, IP20 | £ 850,000 | BUY | 6 / 10 | 0.01 KM |
| Needham, Harleston | £ 950,000 | BUY | 8 / 10 | 0.02 KM |
| Mill Lane, Needham, Harleston | £ 375,000 | BUY | 5 / 10 | 0.25 KM |
| High Road, Needham | £ 450,000 | BUY | Unknown | 0.48 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 91 High Road | £ 287,000 | 0.52 KM |
| 96 High Road | £ 250,000 | 0.52 KM |
| 88 High Road | £ 116,500 | 0.52 KM |
| 96a High Road | £ 249,500 | 0.52 KM |
| 94a High Road | £ 391,000 | 0.52 KM |