3-bedroom semi-detached house · IP22 1LW
For saleListed 22 days
Opportunity summary
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About
A wonderful, characterful Grade II listed cottage, tucked away down a no-through lane on the village edge.
Waterwell Cottage is a particularly appealing Grade II listed cottage, tucked away along Candle Street, a quiet no-through lane on the edge of Rickinghall Superior.
With origins believed to date from the 14th century, the house is constructed principally of timber frame with later brick elevations beneath a traditional thatched roof and retains an abundance of period character.
The present owners have continued the careful evolution of the property, creating additional practical accommodation including an entrance hall, utility room and ground-floor shower room, while LPG-fired heating has also been installed and the ridge has been re-thatched.
These improvements sit comfortably alongside the historic fabric of the cottage, which includes exposed beams and framing, latch doors and impressive fireplace.
The entrance hall provides a useful everyday arrival point, with the adjoining shower room fitted with a contemporary suite.
Beyond is the principal dining room, an attractive central space with exposed timbers and ample room for a substantial dining table.
This connects naturally with the main sitting room, where an impressive inglenook fireplace with bread oven, fine bresummer with medieval witches’ marks and multi-fuel stove provide a wonderful focal point.
The kitchen lies to the other side of the house and has a charming, informal character, with exposed framing, fitted cabinetry and range cooker.
It opens into the breakfast room/study, providing a versatile additional living area which could equally work well as a home office or family room.
A particularly useful addition is the separate utility room, providing excellent ancillary space for laundry and storage, while the rustic garden room to the rear provides a connection between house and garden and enjoys views across the grounds.
On the first floor, the landing serves three bedrooms and further shower room.
The principal bedroom is a particularly attractive room, extending to approximately 17'1" in length and displaying further exposed timbers.
Outside Waterwell Cottage occupies an established plot in a wonderfully rural position, with the gardens forming an important part of its appeal.
The house is approached from Candle Street over a driveway providing parking and access to the property.
The gardens have a relaxed, informal character, with areas of lawn interspersed with mature trees, shrubs and planting.
To the rear, the garden enjoys an attractive open outlook across the surrounding countryside. There are two garden sheds, greenhouse and former Victorian privy.
Despite its sense of seclusion, Waterwell Cottage remains within easy reach of the amenities of Rickinghall and Botesdale, making it an appealing combination of historic character, rural surroundings and everyday practicality.
Services Mains water and electricity • Private Drainage (Treatment Plant shared with neighbour) • LPG central heating • Council Tax Band ‘C’ • Broadband: Ofcom suggest Superfast 60Mb • Mobile: Ofcom suggest all providers likely Location Waterwell Cottage is situated along Candle Street, a peaceful no-through lane on the edge of Rickinghall Superior, surrounded by attractive open countryside.
Rickinghall and neighbouring Botesdale form a well-served village community with a good range of everyday amenities, including shops, primary school, health centre and public houses.
The historic market town of Bury St Edmunds provides a wider range of shopping, recreational and cultural facilities, while Diss offers a mainline rail service with connections to London Liverpool Street and Norwich.
The A143 provides convenient road access towards Bury St Edmunds and Diss, with Norwich readily accessible to the north.
ANTI-MONEY LAUNDERING (AML) AND ID CHECKS -Under current legislation, estate agents are required to verify buyers’ identities and establish the source of funding for all transactions.
Upon acceptance of your offer and before we instruct solicitors to proceed with your purchase, we will carry out the necessary checks for which you will be charged £30 per person.
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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