2-bedroom house · CO10 9JP
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Combining timeless character with contemporary luxury, The Old Foundry is a truly exceptional home dating back to 1876.
Retaining its original flint walls, slate roof, and striking king truss beams, this stunning mews-style property has been thoughtfully reimagined with an impressive modern twist.
Internally, this attractive home, converted in 2020, is well insulated and finished to a high specification, featuring a bespoke Italian kitchen fitted with premium Neff appliances, engineered oak flooring, Scandinavian-style casement windows, and elegant bathroom suites.
The property offers an 'upside down' layout, enhancing the sense of space and light throughout. You are welcomed into an entrance hall with a cloakroom to the right.
The ground floor includes two spacious double bedrooms, one benefiting from built-in wardrobes, along with a stylish family bathroom.
Upstairs, the heart of the home unfolds into a spectacular open-plan kitchen, dining, and living space, flooded with natural light and framed by an impressive apex ceiling and charming gables, a perfect setting for modern living and entertaining.
Outside, automatic gates open onto a wide courtyard with two allocated parking spaces.
Residents enjoy shared access to a well-maintained communal garden with a seating and dining area, along with secure bicycle storage. The rental potential is around £1200/month.
The property has a fabulous central location - Chemist, Doctors, Butchers, Bakery, 6 Pubs, 2 Indian restaurants, Cafes, Artisan shops, Antique shops, etc, all within very easy walking distance, not to mention the wonderful Scutchers at one end of the village and Nethergate brewery at the other.
Regular bus service, easy parking, the list goes on! It is even commutable to London with regular buses to the station and excellent hourly trains.
The village is also home to two stunning Tudor mansions, Kentwell Hall and Melford Hall, open to the public year-round, both in walking distance of the property.
EPC Rating: C Disclaimer These particulars are for guidance only and do not form part of any offer or contract.
All measurements, images and floor plans are approximate and for illustrative purposes only. Services, appliances and systems have not been tested and no warranty is given as to their condition.
Buyers and tenants must rely on their own inspections, surveys and legal enquiries to verify all material information that is important to them.
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These checks apply to all sellers, purchasers and landlords as part of our sales and lettings procedures.
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All relevant checks must be completed and verification confirmed before we can progress with the...
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Hall Street, Long Melford, CO10
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