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Waterloo Avenue, Leiston, IP16

East of England

£395,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Not Specified

Description

This detached bungalow represents a valuable opportunity for those looking to invest in property with significant renovation and development potential. Set within a generous plot, the home has been in the same family since it was rebuilt in 1949, retaining a wealth of original features that could be restored or creatively updated. The flexible layout includes spacious living areas and three bedrooms, making it suitable for modernisation or potential redevelopment (subject to planning permission). The expansive gardens are beautifully maintained but could also be enhanced or transformed to suit your vision. Intrigued buyers will appreciate the inviting layout, which boasts attractive architectural details such as box bay windows and traditional fireplaces. An extensive rear garden offers ample space for off-road parking and a large garage/workshop, presenting further possibilities. Viewing is highly encouraged to grasp the full scope of what this property can deliver.

Investment Analysis

(IP16 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£397
Avg Yield
7.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP16)

Area prices are rising by +7.4% over the last 12 months
3 year growth: -8.1%
5 year growth: +6.2%
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, IP16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,399
Based on a loan of £296,250 over 30 years at 3.91% 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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