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King Georges Avenue Leiston IP16

East of England

£400,000

Listed on 15/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1490 sqft

Description

This charming 2/3 bedroom detached bungalow offers an opportunity for buyers to capitalize on its spacious layout and abundant outbuilding facilities. The property features a generous sitting room, a modern kitchen with a central island and range cooker, and an adaptable separate dining room that can easily serve as a third bedroom, making it suitable for various living arrangements or work-from-home situations. Additional rooms include a bathroom, conservatory, and utility space. Equipped with gas central heating, double glazing, and a wood burner, the home ensures comfort throughout the year. However, while well-maintained, there is potential for cosmetic updates to enhance its appeal further. The real highlight lies outside, where multiple powered outbuildings including workshops and storage areas exist—these are perfect for those looking to pursue hobbies or require office space equipped with broadband connections. The enclosed courtyard garden provides a low-maintenance outdoor area perfect for relaxation. With off-road parking available and the location just minutes from the beach and local amenities, this property presents significant investment potential both in terms of comfortable living space and future enhancement options.

Investment Analysis

(IP16 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£268/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£408
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£456,298
10% above area average per sq ft
Potential ROI
+3.7%
After renovation
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 +6.3% over the last 12 months
3 year growth: -10.1%
5 year growth: +5.5%
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

King Georges Avenue Leiston IP16
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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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