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The Mill, Clovers Court, Stowmarket, Suffolk
For saleReduced 21 Oct 2026
£85,000

The Mill, Clovers Court, Stowmarket, Suffolk, IP14 1RB

2bedrooms
1bathroom
Apartmenttype
1,270sq ft
Leaseholdtenure

Listed 11 Aug 2026 · price reduced 21 Oct 2026 · Stowmarket

How the price compares

This home£85,000£67 per sq ft
Median 2 bed in IP14£220k60 homes listed · £300 per sq ft
Difference-61%below the area median

Key features

  • An exciting opportunity to acquire a spacious top floor penthouse apartment forming part of an attractive former mill conversion
  • A spacious two-bedroom top floor penthouse apartment within an attractive mill conversion, offering generous accommodation, two allocated parking spaces and communal gardens.
  • The property presents an excellent opportunity for purchasers seeking to create a bespoke home within a characterful building.
  • The property requires comprehensive refurbishment and offers the opportunity to create a stylish and individual home.
  • The apartment offers well-proportioned accommodation comprising an entrance hall, a large L-shaped kitchen/breakfast room, a living room with additional study area, two double bedrooms and a bathroom.
  • Viewing is recommended to appreciate the accommodation and the potential on offer.
  • For further information or to arrange a viewing, please contact Daniel Wilson, Temples

About this home

FOR SALE CHARACTERFUL MILL CONVERSION TOP FLOOR PENTHOUSE APARTMENT – REQUIRING COMPREHENSIVE REFURBISHMENT

Property Description An exciting opportunity to acquire a spacious top floor penthouse apartment forming part of an attractive former mill conversion. Offering generous and versatile accommodation, two allocated parking spaces and access to communal gardens, the property presents an excellent opportunity for purchasers seeking to create a bespoke home within a characterful building.

The apartment offers well-proportioned accommodation comprising an entrance hall, a large L-shaped kitchen/breakfast room, a living room with additional study area, two double bedrooms and a bathroom.

The property is now in need of comprehensive refurbishment, including the replacement of the kitchen and bathroom, installation of a new heating system, redecoration and new floor coverings throughout. This provides prospective purchasers with the opportunity to modernise the accommodation to their own specification and style.

The apartment is leasehold, with a short remaining lease. The freeholder has agreed to extend the lease in return for a reasonable premium, and this matter has been taken into account in setting the asking price. Interested parties should make their own enquiries regarding the proposed extension, the premium payable and the legal arrangements before proceeding.

An appealing prospect for buyers looking for a project with scope to create an individual home in a distinctive mill conversion.

Accommodation

Entrance Hall Providing access to the principal rooms of the apartment. Kitchen/Breakfast Room A large L-shaped room offering generous space for a replacement kitchen and breakfast or informal dining area.

Living Room A well-proportioned reception room incorporating a further study area, offering flexibility for working from home or additional living space.

Two Double Bedrooms Two double bedrooms providing comfortable accommodation, with scope for updating and personalisation.

Bathroom The existing bathroom requires replacement, allowing the successful purchaser to create a contemporary suite of their choice.

Outside

Allocated Parking The apartment benefits from two allocated parking spaces.

Communal Gardens Residents have access to communal gardens, providing an attractive outdoor amenity.

Leasehold Information The property is held on a leasehold basis and has a short remaining lease term. The freeholder has agreed to extend the lease for a reasonable premium. The asking price reflects the current lease position and the anticipated refurbishment requirements. Prospective purchasers should obtain independent legal advice and confirm the proposed lease extension terms, premium, costs, timescale and any associated conditions at an early stage.

Summary A spacious two-bedroom top floor penthouse apartment within an attractive mill conversion, offering generous accommodation, two allocated parking spaces and communal gardens. Requiring comprehensive refurbishment, the property offers the opportunity to create a stylish and individual home, with the lease extension position reflected in the asking price.

Viewing is recommended to appreciate the accommodation and the potential on offer. For further information or to arrange a viewing, please contact Daniel Wilson, Temples

Property details

Property type
Apartment
Size
1,270 sq ft / 118 sq m
Council tax band
B
Tenure
Leasehold
Lease remaining
59 years left
Ground rent
£100 per year (Ask agent about the review period)
Service charge
£1,877.50 per year
Parking
Off street, Residents, Private, Allocated, Communal, Visitor
Garden
Communal garden
Heating
Electric, Night storage
Electricity
Mains supply
Water
Mains supply
Accessibility
Lateral living, No wheelchair access, Top floor

Location

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  • Stowmarket Station0.6 mi
  • Needham Market Station3.8 mi
  • Elmswell Station4.7 mi

What nearby homes sold for

Median sold prices in IP14 over the last 12 months: detached £365k · semi-detached £265k · terraced £220k · flat £145k.

AddressTypeSoldPrice
19 The Maltings, Clovers Court
Stowmarket IP14 1RB
Terraced
Freehold
7 Feb 2025£140,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in IP14

Buying costs

Monthly repayment£425£8,500 deposit · £76,500 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Temples, Bury St Edmunds on Rightmove (original listing). First listed 11 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 21/10/2026.

Agent disclaimer

Disclaimer - Property reference tmre. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Temples, Bury St Edmunds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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