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South Road, Lakenheath, BRANDON

East of England

£240,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1118 sqft

Description

This three-bedroom semi-detached family home is set in a tranquil location on the edge of the village, providing an ideal base for those looking to invest in property with significant renovation potential. The residence boasts a spacious layout and sits on a generous plot, making it ripe for extension (subject to planning permission). Existing outbuildings present further opportunities for conversion into usable living space or workshops, enhancing the property's functionality. Internally, the house features an entrance hall leading to a living room, dining room that can also serve as a fourth bedroom, and a kitchen with utility area. There are three bedrooms and a family bathroom located on the first floor. Externally, the property benefits from ample off-road parking for around 5-6 vehicles on its gated gravel driveway. The enclosed rear garden includes both a patio and lawn area, offering a private outdoor retreat while also being perfect for further development. The surrounding village enriches this property's appeal with its community atmosphere and accessibility to local amenities such as shops, eateries, schools, and recreational facilities. This home provides ample scope for both expansion and enhancement, making it an attractive long-term investment option.

Investment Analysis

(IP27 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£215/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£309
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£327,004
10% above area average per sq ft
Potential ROI
+16.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (IP27)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -2.1%
5 year growth: +18.0%
Investment Disclaimer: Analysis based on IP27 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

South Road, Lakenheath, BRANDON
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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
£850
Based on a loan of £180,000 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.

Stamp Duty Calculator

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