Creeting St. Peter, Ipswich, Suffolk, IP6 8QG | Property for sale | Savills
161.75 Ha(399.70 Ac)
Guide price £4,500,000($5,299,200)

Creeting St. PeterIpswich, Suffolk, IP6 8QG

  • Sold
  • Freehold
Bungalow
161.75 Ha (399.7 Ac)
3Bedrooms
1Bathrooms
1Receptions

Key features

  • Sold in October 2023
  • Approximately 5.5m tonnes of high quality sand and gravel
  • 3 bedroom bungalow with cart lodge (Subject to AST)
  • Close to Gateway14 commercial development
  • About 322 acres of arable land
  • About 71 acres of pasture and woodland

A STRATEGICALLY PLACED COMMERCIAL FARM WITH SIGNIFICANT MINERAL RESERVES

About this property

  • Extending to just under 400 acres in total, Grove Farm offers a significant area of arable farmland, pasture and woodland together with a 3 bedroom bungalow, known as Orchard Lea, at the centre of the farm and occupied on an Assured Shorthold Tenancy.

    The majority of the farm is easily accessed from the public highway, primarily from Mill Lane which runs between the A1120 at Stowmarket to the west and Needham Market and the A14 to the east.

    The farm land has been farmed under Contract Farming Agreement in recent years by a neighbouring farmer and this arrangement will remain in place until September 2024.

    Significant minerals reserves are known to sit across the farm which is evidenced in a report by Greenfield Associates prepared for the Vendor in 2016.

    View payable Stamp Duty for this property

Grove Farm is a really exciting property for anyone looking for a productive land investment with some interesting opportunities for future uplift in value resulting from mineral extraction or commercial development.

William HargreavesProperty agent

Local information

  • Grove Farm lies between the notable Suffolk towns of Stowmarket and Needham Market, stretching between the Gipping River Valley to the south and the A14 trunk road to the north. Stowmarket has, in recent years, become an increasingly strategically important town in Suffolk. The growth in E-commerce has driven significant commercial development along the A14 corridor, much of which has taken place around Stowmarket. Sitting just south-east of Junction 50, Grove Farm benefits from both the existing access to the A14 to the east towards Ipswich (A12) but also a new connection recently made through Gateway 14 to the A14 to the west towards Cambridge (M11).
  • The national rail network is best accessed from Stowmarket Station - 5.6 km (3.5 miles) - providing direct services to Cambridge to the west. Norwich to the north and London via Ipswich to the east. Domestic and international flights are available from Norwich Airport and Stansted Airport within 90 km (56 miles).

Additional information

  • EPC Rating: E