3-bedroom house · IP12 1BS
Sold STCReduced £150k (−20%) on 21 JunListed 201 days
Opportunity summary
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About
Part of our Signature Collection; Central Maltings is an impressive development located along Crown Place which is situated in the heart of Woodbridge, a stone’s throw from the Thoroughfare and walking distance of the River Deben.
The Old Maltings are believed to date back to the late 19th Century, later purchased by Ingram Smith in 1949 and used as a carpentry and general builders workshop until well into the 1990’s.
The properties were acquired by developers Vaughan & Blyth and sensitively restored and converted into 13 luxury town houses and 1 new house in 2004.
The property opens into an entrance porch with a glazed door opening into the reception hall, both with a pamment tiled floor which flows through to the utility room and cloakroom and ledge and brace doors open to all rooms.
To the front of the property is a study/ground floor bedroom with a window overlooking Crown Place.
Along the hall is a utility room with a range of base and eye level units, work surfaces, sink and space for a washing machine and tumble dryer.
There is a built-in cupboard and adjacent is a cloakroom with half-height wooden paneling, WC and basin.
At the end of the hall is the open-plan kitchen/dining room with terracotta pamment tiled floor and double doors opening onto the courtyard garden with views over the central communal grounds.
The kitchen has a range of base and eye level units, work surfaces and sink.
There is a gas range style cooker with extraction canopy above and integrated appliances include a dishwasher, fridge and freezer.
The first floor landing provides access to two generous double bedrooms, one of which has an en-suite bathroom comprising a bath with shower over, basin and WC.
In addition to the en-suite there is a separate shower room with double shower and glass screen, basin and WC.
Stairs lead to the exceptional second floor sitting room/potential bedroom which has a vaulted ceiling with original roof timbers and wooden floor, dual aspect dormer windows and staircase with glass balustrade.
Outside To the front steps lead down to the front door with wrought-iron railings.
Central Maltings is a gated development with pedestrian access and remote controlled gates to the main drive, where there is visitor parking and a garage with up and over door.
Within the central courtyard are well maintained communal gardens.
To the rear of this property is a private courtyard garden, enclosed by wrought-iron railings and a gate leading onto the communal gardens.
Location Woodbridge is a delightful coastal market town on the banks of the River Deben.
The historic town offers many amenities and facilities, such as an independent cinema, many popular restaurants, historic pubs, boutique and independent shops trading alongside national brands and coffee shops.
A walk down Crown Place leads to the River Deben with its picturesque Tide Mill, quayside and eclectic mix of boats.
To the north of the town centre is the iconic Shire Hall on Market Hill, along with further shops, restaurants and pubs.
There are a number of popular schools nearby including Woodbridge Prep & independent school, Woodbridge primary & Farlingaye High School.
There is a railway station with links to Ipswich with connecting services to London, Norwich and Cambridge.
Directions Please use IP12 1BS as point of destination, for further information please contact a member of the team on .
Important Information Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Freehold Council tax band - E EPC rating - C Our ref; cjj Please note that there is an annual management fee of £840 payable to Central Maltings Management Company Ltd for the upkeep of the communal areas, excluding buildings insurance.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 3 Central Maltings,, Crown Place, Suffolk
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