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Mill Road, Saxmundham, Suffolk, IP17 - Image 1
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Mill Road, Saxmundham, Suffolk, IP17

East of England

£200,000
Listed on 25/10/2025

Property Details

Bedrooms
1
Type
Semi-detached house
Area
850 sqft

Description

This charming one-bedroom semi-detached cottage offers a unique opportunity for renovation and investment, situated just a short walk from the bustling Saxmundham High Street and its mainline train station. The property features a private rear garden, presenting potential for outdoor enhancements or landscaping. Inside, the living space includes a cozy sitting room that radiates traditional charm, complete with a wood-burning stove and built-in cupboards flanking a redbrick fireplace. The layout also comprises a kitchen equipped with both eye-level and base units, alongside essential spaces for cooking appliances. A ground floor wet room adds convenience, while a separate WC is located nearby, allowing for easy updates to modernize these areas. Ascending to the first floor reveals an impressively spacious double bedroom that benefits from dual aspect windows, filling the room with natural light. This could become a beautiful retreat with some thoughtful refurbishment and reimagining of the space. The exterior includes a small walled front garden leading to the entrance, while the rear garden is well-stocked with various plants, offering both privacy and potential for expansion or personalization. A bespoke handmade shed adds functionality and character to the outdoor area. Saxmundham itself is a vibrant market town on the picturesque Suffolk Coast, known for its accessibility to key coastal attractions via rail and road. The town features an array of local amenities including independent shops, cafés, pubs, restaurants, and larger grocery options like Waitrose and Tesco—all contributing to its community feel. This property presents not just a home but an inviting canvas for those looking to invest in renovations or capitalize on future rental opportunities in an attractive location.

Investment Analysis

(IP17 area)

Below Market Value

This property is priced -28.2% below area average per sq ft

-28.2%
Potential saving
This Property
£235/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£421
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£306,213
10% above area average per sq ft
Potential ROI
+36.1%
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

Mill Road, 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
£733
Based on a loan of £150,000 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