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Low Road, Friston, Saxmundham, Suffolk, IP17 - Image 1
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Low Road, Friston, Saxmundham, Suffolk, IP17

East of England

£415,000
Listed on 10/11/2024

Property Details

Bedrooms
2
Type
Detached house
Area
882 sqft

Description

This delightful detached cottage, believed to date back to the early 19th century, offers a unique opportunity for renovation and investment within a substantial corner plot in the picturesque village of Friston. The property features well-proportioned single-story living spaces that boast original period characteristics, including beamed and vaulted ceilings, as well as a central exposed brick chimney breast. Recent upgrades have been made, such as a full roof refurbishment, the installation of a new oil-fired boiler in 2018, and lighting circuit updates in 2016. The layout includes two spacious reception rooms ideal for entertaining or relaxation, a kitchen/breakfast room, a bathroom, and two generously sized double bedrooms. Outside, the property features a charming wildflower garden along with ample off-road parking. Additionally, there is a detached multi-purpose outbuilding that presents further potential for development or conversion. Friston itself is situated in an idyllic rural setting and is home to the popular local pub “The Old Chequers,” alongside an active village church and community hall. Its strategic location provides easy access to Suffolk's delightful towns and coastal areas. The market town of Saxmundham is nearby, offering convenient rail links and road access to various attractions along the coast. Notable destinations such as Aldeburgh—known for its scenic river views—and Snape with its beautiful countryside walks and cultural venues like Snape Maltings are all within reach. For those interested in investment opportunities or creating their ideal rural retreat with potential for expansion (subject to planning permission), this property represents an exciting option in a sought-after area rich with natural beauty and local amenities.

Investment Analysis

(IP17 area)

Above Market Value

This property is priced +43.7% above area average per sq ft

+43.7%
This Property
£471/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£421
Avg Yield
6.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£317,741
10% above area average per sq ft
Potential ROI
-28.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP17)

Area prices are rising by +8.8% over the last 12 months
3 year growth: -5.7%
5 year growth: 23.1%
Investment Disclaimer: Analysis based on IP17 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

Low Road, Friston, Saxmundham, Suffolk, IP17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,520
Based on a loan of £311,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE