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Strickland Place, Southwold, Suffolk, IP18 - Image 11

Strickland Place, Southwold, Suffolk, IP18

East of England

£850,000
Listed on 09/05/2025

Property Details

Bedrooms
6
Type
Semi-detached house
Area
2888 sqft

Description

This well-preserved Victorian townhouse boasts six bedrooms and offers an excellent canvas for renovation in the sought-after coastal town of Southwold. Its classic red brick façade, complemented by a pantile roof and period features such as bay and dormer windows, provides both character and potential for modern living. The property extends across three floors, featuring spacious, light-filled rooms that are ripe for transformation. Entering through a welcoming reception hall, residents can access multiple living areas including a drawing room and sitting room, each showcasing impressive high ceilings, original moldings, and charming fireplaces. The layout is conducive to reconfiguring spaces to suit contemporary lifestyles or multi-generational needs. A staircase leads to the upper floors where two principal bedrooms with sea views await, alongside additional accommodation that includes four further bedrooms on the second level. These upper spaces could be enhanced with thoughtful design choices to maximize comfort and functionality. The rear of the property opens onto a private garden—an inviting retreat ideal for outdoor dining or relaxation—with a garage conveniently positioned at its end. This outdoor space represents yet another opportunity for enhancement, whether through landscaping or extending the home itself (subject to local planning). Situated in a picturesque seaside town known for its vibrant community and cultural offerings, this property benefits from proximity to local boutiques, cafés, restaurants, and a twice-weekly market. Southwold’s renowned beach huts and sandy shores are just a short distance away. The area also hosts various events like the Southwold Arts Festival, bolstering its appeal as an investment location. In addition to local amenities, nearby villages and towns provide further attractions—including dining options at recommended establishments—and natural beauty spots like RSPB Minsmere nature reserve. Convenient transport links make this location suitable for commuting to larger cities or exploring nearby historical towns rich in character. This property represents not only a home but also an investment opportunity in a vibrant area with notable cultural significance—ideal for those looking to create a bespoke residence while benefiting from the growth potential of Southwold's real estate market.

Investment Analysis

(IP18 area)

Below Market Value

This property is priced -42.7% below area average per sq ft

-42.7%
Potential saving
This Property
£294/sq ft
Area Average
£514/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,632,081
10% above area average per sq ft
Potential ROI
+63.2%
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
5%
Properties sold annually

Local Market Trend (IP18)

Area prices are falling by +11.5% over the last 12 months
3 year growth: -17.4%
5 year growth: -9.1%
Investment Disclaimer: Analysis based on IP18 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

Strickland Place, Southwold, Suffolk, IP18
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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
£3,114
Based on a loan of £637,500 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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