Fursey Cottage, Sandy Lane, Battisford, Stowmarket, Suffolk IP14 2HS

Description

Grade II Listed thatched, three bedroom cottage with delightful gardens and grounds extending to approximately 1.2 acres (stms) Fursey Cottage is a charming Grade II Listed cottage with a thatched roof, which was rethatched approximately six years ago. Extending to around 1,653 sq ft over three floors, the property retains an abundance of character. The accommodation comprises an entrance hall, sitting room and dining room, both featuring impressive inglenook fireplaces, with the sitting room benefitting from a gas-effect log burner. The dining room provides access to the sun room and fitted kitchen, which offers a range of wall and base units, integrated dishwasher and fridge, space for an oven, and access to the bathroom. The first floor provides three well-proportioned bedrooms, while a further staircase leads to a versatile attic room, currently used as occasional bedroom accommodation.

Location

Fursey Cottage, Sandy Lane, Battisford, Stowmarket, Suffolk IP14 2HS. Located in the IP14 postcode district. Verify exact position, access, local demand and comparable evidence before bidding.

Investment Analysis

Investment Snapshot

Guide Price	Not currently published – Sold Prior
Refurbishment / Works Budget	HB indicative £140,000–£308,000
HB Indicative GDV / Value	£308,000–£490,000
Estimated Private Rent	Development-led – assess completed scheme
Suggested Strategy	Development

Strategy Recommendation

Initial strategy: Development. Set the maximum bid only after reviewing condition, legal pack, finance, rents and sold evidence.

Works Required

Obtain a survey and contractor quotations. Allow for services, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, external or development works identified.

Rental & Market Context

HB rental/value figures are indicative appraisal estimates and should be checked against current local letting and sold evidence.

Sold within approximately 5 miles

Check recent Land Registry transactions and closely matched local comparables for property type, size, tenure and condition.

Potential BRRR Position

Refinance potential depends on the completed condition, lender valuation, tenure and rental stress testing; development/commercial assets require specialist lender criteria.

Flip Analysis

Any resale margin must include SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.

Investor Risks & Due Diligence

• Read the full legal pack and special conditions

• Verify tenure, occupancy, planning and title restrictions

• Inspect condition and obtain contractor quotations

• Confirm finance and insurance availability

• Verify rents and recent sold comparables

• Allow for buyer premium, administration charges and disbursements

Recommendation

Proceed only where verified total project cost supports the intended development strategy with adequate contingency.

Strategy Rating

Development: ★★★★☆ | Resale: ★★★★☆ | Buy-to-Let: ★★☆☆☆