2-bedroom house · IP12 2AL
For saleReduced £10k (−2.1%) on 28 JulListed 203 days
Opportunity summary
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About
Forming part of a select development of Grade II Listed, 19th century converted farm buildings set within Chillesford Lodge Estate, Drews Yard blends historic charm and character features, alongside contemporary and comfortable living.
Chillesford Lodge Estate lies at the end of a private mile long tree lined driveway, offering panoramic views of the surrounding fields and farmland, and is within easy reach of the Suffolk Heritage Coast.
With conversions completed in 2015, Drews Yard is positioned within this idyllic agricultural estate and benefits from communal use of a tennis court and heated indoor swimming pool.
Named after the impressive beam positioned through the main living area, formerly used as one of four sails used to power the original drainage mill, until the 1950s.
The property opens into an entrance hall, with engineered oak flooring flows throughout and leads to a handy utility room with space for appliances, along with fitted eye level units and wooden worktops.
Adjacent to this is a cloakroom with WC and basin. Along the hallway is a double storage cupboard which houses the hot water tank and underfloor heating system.
The underfloor heating system is zoned and can be controlled via wall mounted thermostats or remotely through a smart home system.
The outstanding open plan living area enjoys a dual aspect with a window to the front and bifold doors and windows to the rear aspect.
There is an exposed brick fireplace with wood burning stove, and a substantial storage cupboard.
The kitchen has been fitted with shaker style units with teak wooden worktops over, and there is a fitted oven, electric hob with extractor fan, dishwasher and fridge freezer.
A spiral staircase leads up to the second bedroom which has a Velux window to the rear aspect.
The main bedroom offers a fitted wardrobe and a vaulted ceiling, with loft storage and windows to the rear aspect. There is an ensuite bathroom which comprises a bath, separate shower, WC and basin.
Outside The rear garden enjoys a southerly aspect, and is securely bordered by woven willow fencing, and is mainly laid to lawn with a patio providing space for outdoor furniture.
There is a separate large storage room which also contains the oil boiler for the property. There are two allocated off road parking spaces, with further communal spaces available.
There is an onsite heated swimming pool, which is available for residents to use for a small additional cost, and a tennis court and shepherds hut which is included as part of the annual management charges.
Pre-defined walking routes with dogs allowed are available for residents and their guests within the estate.
Location Chillesford Lodge Estate offers a peaceful position within an Area of Outstanding Natural Beauty, within easy reach of the Suffolk Heritage Coast.
Further information is available on Orford is a short two miles away and benefits from its own historic importance with its impressive Norman castle and Georgian Market Square.
Amenities range from Pump Street's award winning artisan bakery, The Crown & Castle Hotel, with various other pubs and shops nearby.
There is a walking route which connects Chillesford Lodge Estate to Orford and Chillesford.
The renowned Snape Maltings is well served by a wide variety of shops, restaurants and regular markets as well as the Britten Pears Concert Hall, delivering an international programme of events all year round.
The popular market town of Woodbridge and coastal town of Aldeburgh are also nearby. Important Information Council Tax Band - C Services - We understand the property is connected to mains electricity.
There is an oil fired central heating system, supplied from a communal tank, which feeds the hot water and underfloor heating. Drainage is private, via a shared communal sewerage treatment system.
Water is provided also via a communal tank, which is filled on a mains network by Anglian Water.
Both the water and oil are metered to the property and the management company will bill residents twice a year following these meter readings.
Fees for taking readings are split between all residents on an apportionment basis and included as part of the annual maintenance charges.
Tenure - Freehold EPC rating - C Our ref - jed Chillesford Lodge Estate Ltd manage and maintain the communal areas and services.
The annual charge paid from April 23 - March 24 was £230.93, nominal rent charge £1. The 2024/2025 figures are yet to be provided to our seller.
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 17 Drews Yard,, Chillesford Lodge Estate, Woodbridge
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