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Grimsey Road, Leiston, IP16 - Image 1
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Grimsey Road, Leiston, IP16

East of England

£175,000

Listed on 01/10/2026

The listing

Property details

Bedrooms
3
Type
Detached

Features

  • Garden

Description

This detached three-bedroom house is situated near the centre of Leiston, within reach of local shops, schools and other everyday amenities. It has two reception rooms, a kitchen, utility room, a ground-floor bathroom and a first-floor shower room, along with a partially converted attic area. The accommodation includes a front sitting room with a bay window and a second reception room opening towards the rear garden. The kitchen has existing fitted units and space for a cooker, while the utility room provides appliance plumbing. The property also has a front block-paved area and a rear garden with a patio and a large shed or workshop. The house requires substantial renovation and modernisation and is described as unmortgageable in its current condition, so buyers should make their own enquiries about finance and the scope of work. The attic alterations, building-regulations status and suitability for habitable use also require verification. The property is being sold by informal tender, with offers to be submitted using the agent's prescribed forms.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

47out of 100
Grade ELow opportunity

Confidence: LOW

This is a substantial detached house with spacious-looking reception rooms, three bedrooms and a partially converted attic, offering plenty of scope to reshape it into a sizeable family home. The renovation canvas is extensive: several rooms have worn floors and damaged or unfinished wall and ceiling finishes, while the kitchen, both photographed bathroom areas and neglected rear garden also offer clear improvement projects. The front brick elevation and roof look broadly intact in the available exterior image, though that view cannot confirm concealed condition. The works range is £65,000–£115,000, so this is a full-scale project rather than a cosmetic refresh.

The WHOTS score is 47/100, grade E (Low Opportunity), with good fundamentals and location but limited condition and price/value scores. Floor area is missing, so value versus local £/sqf cannot yet be judged; the score does not establish that the £175,000 asking price is cheap or dear. The listing also describes the property as unmortgageable in its current condition, and the attic’s compliance and suitability for habitable use need checking.

Key opportunities

  • Use the two spacious-looking reception rooms and generous overall layout as the foundation for a substantial family home.
  • Rework the dated kitchen and bathroom areas, worn floors and damaged finishes to create a more coherent modern interior.
  • Clear and improve the overgrown rear garden and explore the potential of the partially converted attic, subject to verifying its compliance and suitability.

Key risks

  • The £65,000–£115,000 works range and stripped, damaged finishes across several rooms make this a full-gut budget and programme, not a cosmetic refresh.
  • The listing says the house is unmortgageable in its current condition; confirm the gas supply status and investigate the attic’s compliance and suitability for habitable use.

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Map

Location

Grimsey Road, Leiston, IP16
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Transport

Nearest stations

  • Saxmundham Rail Station

    3.9 miles

    Train · Saxmundham

  • Darsham Rail Station

    5.3 miles

    Train · Darsham

  • Wickham Market Rail Station

    8.6 miles

    Train · Campsey Ash

  • Halesworth Rail Station

    10.3 miles

    Train · Halesworth

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£661
Based on a loan of £131,250 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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