3-bedroom detached house · IP22 1DY
For saleReduced £25k (−4.3%) on 5 SepListed 47 days
Opportunity summary
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About
Elm Cottage is a charming and historically significant Grade II listed detached home, believed to date back to the late 1400s.
Formerly a bakery and village sweet shop, the property now offers characterful and flexible accommodation, retaining many original features including exposed timbers, inglenook fireplaces and historic detailing throughout.
With three bedrooms, multiple reception spaces, a substantial cellar and well-established gardens with parking and outbuildings, Elm Cottage represents a rare opportunity to acquire a distinctive period home with both heritage appeal and practical family living.
Location Location Rickinghall is one of the area's most popular villages which, when combined with the adjoining village of Botesdale, provides an excellent range of facilities including local shopping, Co-op supermarket, public houses, school, health centre and a very fine church.
The village was bypassed a few years ago and therefore the centre carries principally local traffic.
It is within easy reach of wider facilities with Diss just over the border into Norfolk where there is a mainline rail station on the Norwich to London Liverpool Street line, and Bury St Edmunds is 14 miles to the south west.
The countryside surrounding the village is attractive with gently rolling landscape and plenty of country walks.
The Property Elm Cottage is a charming Grade II listed detached home, believed to date back to the late 1400s, offering a rare combination of historic character and comfortable family living.
Rich in local history, the property was formerly used as a bakery until the 1940s and later operated as a village sweet shop, before becoming the much-loved family residence it is today.
The house has remained in the same ownership since the early 1970s, reflecting the care and pride taken in its long-term stewardship.
The ground floor accommodation comprises a welcoming front entrance hall leading to a spacious dining room and lounge, both enhanced by exposed timbers and impressive inglenook fireplaces with brick surrounds.
The lounge opens into a further reception room, currently used as a home office, which in turn provides access to a generous cellar measuring approximately 4.6m x 4.4m, with a good head height of around 2 metres, ideal for storage or potential ancillary use.
Two separate staircases, a reminder of the period when the property was divided into two dwellings, rise to the first floor.
Here, the accommodation comprises three bedrooms and a family bathroom fitted with a shower, bath, low-level WC and hand basin.
These rooms are arranged around a large open-plan landing, which displays exposed timber framing and remnants of historic mullion windows.
The principal bedroom is of particular note, featuring a large fireplace and the benefit of an en-suite bathroom.
Outside To the front, the property enjoys a vehicular entrance via a traditional five-bar gate, providing off-road parking for multiple vehicles.
The gardens are a particular highlight, being mainly laid to lawn and complemented by established herbaceous borders and mature fruit trees, creating a peaceful and well-established setting.
To the rear, the garden incorporates a range of useful outbuildings, including sheds and a summer house, together with raised vegetable beds, appealing to those seeking a practical and lifestyle-focused outdoor space.
Overall, the gardens form a charming and functional extension of the house, well suited to both relaxation and family life.
Services Main electricity and drainage are connected to the property heating is provided via an oil boiler. How to get there What3words///says.steam.tight Viewing Strictly by appointment with TW Gaze.
Freehold Anti-Money Laundering, Terrorist Financing and Transfer of funds Regulations 2017.
In line with the regulations, TW Gaze are legally required to carry out aml due diligence checks on all proposed legal purchasers involved in the transaction.
A charge of £25.00 + VAT (£30.00 Inc VAT) processing fee is applicable for each purchaser once an acceptable offer is agreed. Ref: 2/20071
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 Elm Cottage, The Street, Rickinghall
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