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Grub Lane, Spexhall, Halesworth

East of England

£290,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1510 sqft

Description

This spacious three-bedroom ex-local authority home in Spexhall offers a unique opportunity for investors and renovators alike. Set against a picturesque rural backdrop, the property benefits from expansive views over the surrounding farmland, providing a serene environment for family living or potential rental income. Ideally positioned between Bungay and Halesworth, it offers easy access to local amenities and transport links, including a railway station that connects to Ipswich and London. Characterized by solid construction typical of its era, this home features generous room sizes and practical layouts, perfect for those looking to add personal touches or modern upgrades. The ground floor welcomes you with a porch leading into a hallway that connects to an expansive sitting room with an open fireplace and direct access to a conservatory. A separate dining room also boasts an open fireplace and built-in storage, while the kitchen overlooks the garden and includes additional pantry/utility space. Upstairs, three well-sized double bedrooms share a spacious landing and enjoy lovely views of the countryside. The family bathroom is sizeable and equipped with both a bath and shower facilities. Outside, the property is approached via a driveway that provides ample parking space leading to an oversized double garage (approx. 5m x 7m), making it beneficial for storage or workshop needs. The front garden is landscaped with established plants, while the rear garden offers ample lawn space alongside a patio area—ideal for outdoor entertaining while taking in those idyllic views. With its robust structure and prime location, this property holds significant renovation potential amidst tranquil surroundings.

Investment Analysis

(IP19 area)

Below Market Value

This property is priced -39.7% below area average per sq ft

-39.7%
Potential saving
This Property
£192/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£529,029
10% above area average per sq ft
Potential ROI
+60.3%
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
9%
Properties sold annually

Local Market Trend (IP19)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -0.1%
5 year growth: +16.6%
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

Grub Lane, Spexhall, Halesworth
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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
£1,027
Based on a loan of £217,500 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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