House · IP28 8RU
To rentReduced £8.3k (−91.7%) on 23 SepListed 44 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-positioned agricultural unit offering 4,843 sq ft (450 sq m) of versatile storage space.
Located in the centre of Worlington, near Bury St Edmunds, this substantial agricultural barn provides a practical solution for agricultural storage, machinery and equipment.
Location The agricultural barn is located in the centre of the village of Worlington, opposite the cricket club. The property has good road links lying between the A14 and A11 trunk roads.
General Description General Purpose Agricultural Building – 25m x 18m- Steel Portal framed construction with sheet walling under an asbestos roof. There is also three phased electricity.
A very useful building with the benefit of high ceilings for a range of agricultural storage.
Rights of Way, Easements and Wayleaves The right of way will be granted through the main entrance through Manor Farm. Lease Term The property is available on a new licence basis.
Deposit Three months rent. Licence Fee Agricultural Unit - £7,500 + VAT per annum . Costs Each party to pay their own legal / professional costs.
Property Information Services: Three Phase Electricity which will be metred. Local Authority: West Suffolk Council, West Suffolk House, Western Way, Bury St Edmunds, Suffolk, IP33 3YU.
Postcode / What3words IP28 8RU. /meal.something.herring Planning Use We understand the unit is an agricultural building.
We are aware the building is currently used by the Landlord to store agricultural equipment and general storage. Viewings and Further Information Strictly by appointment only.
To arrange a viewing or for further information please contact the agents at the Bury St Edmunds office: Graham Ford BSc (Hons) MRICS.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About The Street, Worlington, Bury St. Edmunds, Suffolk, IP28
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