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Letheringham Nr Wickham Market

East of England

£795,000
Listed on 05/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2795 sqft

Description

This detached property, constructed primarily of brick and dating back to the early 1900s, presents a promising opportunity for those looking to undertake a modernization project. Spanning two floors, the home features spacious living areas including a reception hall, dining room, and a kitchen/breakfast room that overlooks the scenic gardens leading down to the River Deben. Notably, it boasts four bedrooms alongside an ensuite bathroom in the principal suite, as well as a dedicated study and studio space that could potentially serve as additional bedrooms with the proper consents. The house has been under the same ownership for nearly four decades, indicating both stability and potential for transformation into a contemporary residence. The external grounds cover around 0.6 acres and include charming gardens with established trees and direct access to the river—ideal for boating enthusiasts. While well-situated in Letheringham, just minutes from local amenities in Easton and Wickham Market, updates are needed throughout to realize its full potential. This is an excellent chance for buyers looking to invest in a property where they can enhance its character while enjoying picturesque surroundings.

Investment Analysis

(IP13 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£284/sq ft
Area Average
£329/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,010,588
10% above area average per sq ft
Potential ROI
+15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP13)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -6.0%
5 year growth: +2.8%
Investment Disclaimer: Analysis based on IP13 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

Letheringham Nr Wickham Market
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,836
Based on a loan of £596,250 over 30 years at 3.97% 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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