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Leiston Road,Aldeburgh,IP15 5PR

East of England

£400,000

Listed on 29/05/2025

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
868 sqft

Description

Situated in the picturesque coastal town of Aldeburgh, this property presents a noteworthy investment opportunity. With planning permission already secured for the demolition of the existing bungalow, the site is primed for the construction of two modern semi-detached houses. Each future residence is designed to include an inviting entrance hall, a spacious living area leading into a kitchen/dining room, as well as a ground floor cloakroom. The first floor will feature two double bedrooms each equipped with en-suites, while the second floor will boast a master bedroom suite complete with a bathroom. The outdoor space for each unit includes covered parking and garden areas, ideal for creating attractive private spaces. The location offers easy access to local amenities including shops, galleries, and dining options, alongside recreational facilities such as golf courses and sailing clubs. This project offers considerable potential for enhancing property value in a highly desirable area.

Investment Analysis

(IP15 area)

Below Market Value

This property is priced -5.6% below area average per sq ft

-5.6%
Potential saving
This Property
£461/sq ft
Area Average
£488/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£465,990
10% above area average per sq ft
Potential ROI
-48.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (IP15)

Area prices are rising by +14.1% over the last 12 months
3 year growth: +10.8%
5 year growth: +25.1%
Investment Disclaimer: Analysis based on IP15 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

Leiston Road,Aldeburgh,IP15 5PR
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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
£1,427
Based on a loan of £300,000 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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