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Waterloo Avenue, Leiston

East of England

£395,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

This detached bungalow presents a distinctive opportunity for those interested in property investment or renovation. Nestled within a substantial plot featuring expansive gardens, the home has been owned by the same family since its reconstruction in 1949. It showcases spacious and adaptable living spaces, with many original elements intact that reflect its heritage. While the interior could benefit from modernisation to enhance its appeal and functionality, it is also well-positioned for potential redevelopment, subject to obtaining necessary planning permissions. The property's layout includes multiple bedrooms, a cozy living room with a feature fireplace, a kitchen with original fixtures, and a conservatory that opens onto the large rear garden. Additionally, an old World War II bomb shelter adds character to the outdoor space. Given the generous size of the lot and existing structures, there is significant scope for expansion or transformation to suit contemporary living needs.

Investment Analysis

(IP16 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£391
Avg Yield
7.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (IP16)

Area prices are rising by +12.4% over the last 12 months
3 year growth: -6.2%
5 year growth: +11.7%
Investment Disclaimer: Analysis based on IP16 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

Waterloo Avenue, Leiston
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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
£1,425
Based on a loan of £296,250 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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