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Mill Road, Lakenheath, Brandon, Suffolk, IP27

East of England

£220,000

Listed on 22/06/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
872 sqft

Description

This semi-detached home, with no onward chain, presents a promising prospect for first-time buyers and investors alike. Located in the desirable village of Lakenheath, the property is ideally positioned near local amenities and benefits from ample off-road parking. Inside, the layout features a welcoming entrance hallway that leads to a spacious living room, which flows into a conservatory offering views of the garden. The separate dining room adjoins the kitchen that is fitted with shaker-style cabinetry, waiting for personal touches to truly make it shine. Upstairs, you will find two generously sized double bedrooms equipped with built-in storage, plus a family bathroom ripe for modernization. Outside, the private rear garden offers a mix of lawn and patio areas along with useful brick-built outbuildings for additional storage needs. This property serves as an excellent blank canvas for anyone looking to add value through their own renovations and improvements.

Investment Analysis

(IP27 area)

Below Market Value

This property is priced -3.3% below area average per sq ft

-3.3%
Potential saving
This Property
£252/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£307
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£250,159
10% above area average per sq ft
Potential ROI
+2.1%
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
16%
Properties sold annually

Local Market Trend (IP27)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -2.2%
5 year growth: +15.3%
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

Mill Road, Lakenheath, Brandon, Suffolk, IP27
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 over 30 years at 4.45% 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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