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Ironlatch Avenue, St. Leonards, TN38 - Image 1
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Ironlatch Avenue, St. Leonards, TN38 - Image 3
Ironlatch Avenue, St. Leonards, TN38 - Image 4
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Ironlatch Avenue, St. Leonards, TN38

South East

£300,000
Listed on 25/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1099 sqft

Description

Upon entering the property, you are greeted by a classic Art Deco-style front door that opens into a spacious living room featuring a charming bay window. This two-bedroom bungalow showcases distinctive retro elements, including an Armitage Shanks Primrose bathroom suite, thoughtfully preserved to reflect its original 1960s design. The outdoor area enhances the appeal of the home with a sunny rear garden that offers a tranquil escape from daily life. It accommodates various outbuildings, including a utility lean-to and an insulated summer house equipped with power and light. These spaces present opportunities for hobbyists or could serve as a comfortable home office or peaceful retreat. Parking is convenient with ample driveway space and a detached garage, providing additional storage or vehicle accommodation. While the interior is well-maintained and inviting, there is significant potential for renovation. The property comes with previously granted planning permission for a loft conversion (HS/PR/13/00297), allowing future owners to explore expanding their living space. Situated in a desirable location, this bungalow benefits from close proximity to local shops, amenities, and transport links. This combination of period character and practical convenience makes it an attractive option for investors or anyone looking to personalize their family home while also considering future growth opportunities.

Investment Analysis

(TN38 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£273/sq ft
Area Average
£325/sq ft
Avg Rent (weekly)
£268
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£392,832
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TN38)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -0.7%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on TN38 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

Ironlatch Avenue, St. Leonards, TN38
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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
£1,099
Based on a loan of £225,000 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