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The Street, Wenhaston

East of England

£450,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Detached
Area
909 sqft

Description

'The Old Paint Shop', originally two Victorian cottages, offers a unique opportunity for renovation or redevelopment in the heart of Wenhaston. This property has a rich history, previously serving as both a Post Office and a D.I.Y. store, making it ideal for those looking to create a home with attached business potential or convert it into one expansive residence or two separate homes (subject to planning permission). Boasting lovely views over the Blyth Valley from its large rear garden, this property is conveniently located just four miles from Southwold and the coast.<br><br>Internally, the layout features multiple entry points; entering through the shop front leads you to a sitting room enhanced by a brick fireplace and flows into an inviting lounge/diner that opens onto the kitchen. Additionally, there's a utility room and former shop space with ample storage options. The upstairs comprises three spacious double bedrooms and a large bathroom. Central heating is provided by an oil-fired system, complemented by off-road parking and an expansive garden that adds considerable value.<br><br>Potential buyers may be encouraged by informal pre-planning advice indicating that converting the commercial space to residential use could be supported by local authorities. Given its prime location and numerous amenities available nearby—including local shops, eateries, and transport links—this property presents an exceptional investment opportunity for those willing to undertake renovation work.

Investment Analysis

(IP19 area)

Above Market Value

This property is priced +54.2% above area average per sq ft

+54.2%
This Property
£495/sq ft
Area Average
£321/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£321,018
10% above area average per sq ft
Potential ROI
-39.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (IP19)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -4.2%
5 year growth: +15.6%
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

The Street, Wenhaston
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% 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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