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Park Road

East of England

£325,000
Listed on 14/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
880 sqft

Description

This detached bungalow, conveniently located near Halesworth, offers a unique opportunity for renovation and investment. With a versatile layout and generous spaces, this property is perfect for those looking to create their ideal home or capitalize on its expansion potential. Upon entering, you will find a welcoming hallway that leads to two well-sized double bedrooms, each providing ample natural light and the option for additional furnishings. The bathroom features essential amenities including a bath with shower overhead, basin, and toilet, offering practical functionality. The heart of the home lies in the rear where the dining area connects seamlessly to the kitchen. The kitchen is equipped with an adequate number of wall and base units for storage needs. Adjacent to this space is a cozy living room featuring a large window that frames views of the garden and a fireplace as its focal point. A conservatory off this area adds extra versatility, allowing for various uses depending on your needs. Externally, the property boasts substantial off-road parking options at both the front and rear along with a single garage. The backyard is notably spacious and primarily laid to lawn, complemented by a patio area—providing a blank canvas for landscaping or outdoor entertaining. There is also significant potential to extend the bungalow laterally (subject to planning permission), making this an enticing prospect for future development. Situated in Halesworth, this property benefits from access to local independent shops located along the pedestrianized Thoroughfare and Market Place. The town hosts a weekly market on Wednesdays and features essential amenities such as a primary school, library, railway station, and robust bus routes connecting to nearby towns. Notably, Halesworth lies within close proximity to Southwold's regency coastline and nature reserves like Minsmere and Dunwich. Residents can partake in various cultural activities such as the Halesworth Arts Festival and annual events like the Latitude Music Festival at Henham. This bungalow not only presents an excellent foundation for personal customization but also represents an attractive investment opportunity in a desirable location with considerable growth potential.

Investment Analysis

(IP19 area)

Above Market Value

This property is priced +14.8% above area average per sq ft

+14.8%
This Property
£369/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£276
Avg Yield
4.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£311,502
10% above area average per sq ft
Potential ROI
-9.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP19)

Area prices are falling by +7.5% over the last 12 months
3 year growth: -5.8%
5 year growth: 16.3%
Investment Disclaimer: Analysis based on IP19 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

Park Road
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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
£1,191
Based on a loan of £243,750 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