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Leiston Road, Aldeburgh, Suffolk, IP15 - Image 1
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Leiston Road, Aldeburgh, Suffolk, IP15 - Image 5

Leiston Road, Aldeburgh, Suffolk, IP15

East of England

£400,000
Listed on 23/03/2025

Property Details

Bedrooms
3
Type
Detached house
Area
807 sqft

Description

This three-bedroom detached bungalow presents a noteworthy development opportunity situated within walking distance of the vibrant Aldeburgh High Street and the beach. Although it requires renovation, it previously held planning permission (now expired) for the construction of two high-specification semi-detached homes, complete with garages and driveways. The property rests on a generous plot featuring a sizeable rear garden, an outside WC, and ample off-road parking via a driveway. The bungalow is offered with no onward chain and includes double glazing as well as gas central heating. Internally, it comprises a front porch, entrance hall, lounge with a wood burner, kitchen/breakfast room, utility room, three bedrooms, and a family bathroom. Located in Aldeburgh—renowned for its scenic coastal views and rich cultural heritage—this property benefits from proximity to boutique shops, dining options, independent cinemas, and the famous local fish and chip shop praised by 'The Times'. This area is not only ideal for residential living but also represents an attractive investment opportunity given its potential for redevelopment.

Investment Analysis

(IP15 area)

Below Market Value

This property is priced -0.4% below area average per sq ft

-0.4%
Potential saving
This Property
£496/sq ft
Area Average
£498/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£441,764
10% above area average per sq ft
Potential ROI
-9.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (IP15)

Area prices are rising by +8.4% over the last 12 months
3 year growth: +1.7%
5 year growth: +10.5%
Investment Disclaimer: Analysis based on IP15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Leiston Road, Aldeburgh, Suffolk, IP15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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