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Quakers Way, Leiston IP16

East of England

£190,000
Listed on 29/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached ex-local authority home in Leiston presents a promising opportunity for renovation and investment. Conveniently situated near local schools and within a short walk of essential amenities, the property is ideal for first-time buyers, families, or investors seeking to capitalize on its potential. While the home requires modernization throughout, it does include double-glazed windows and a gas-fired central heating system, offering a solid foundation for updates. The property is being sold with no onward chain, simplifying the purchasing process. Leiston boasts a variety of local facilities including supermarkets, shops, schools, and recreational options such as a cinema and a newly renovated sports centre featuring a swimming pool. Just three miles away lies Aldeburgh, one of Suffolk's most desirable coastal towns known for its rich array of recreational activities including sailing, golfing, fishing, and scenic walks along the Heritage Coast. The nearby Sizewell nuclear power stations also provide a steady influx of employees seeking housing in the area. Entering the home through a glazed UPVC front door reveals an entrance hall with natural light from a side window and access to stairs leading to the upper level. The living room at the front features ample light from its window overlooking the street, complete with a brick fireplace that adds character to the space. An open archway leads into the dining area which offers views of the rear garden through another double-glazed window. The kitchen is positioned towards the back of the house, equipped with both high and low-level units that provide storage space as well as room for appliances. A door here grants access to the enclosed rear garden. On the first floor, you'll find three bedrooms—two doubles and one single—each presenting possibilities for reconfiguration or modern decor. The main bedroom includes built-in storage while two others provide garden views or overlook neighboring properties. The bathroom features essential fittings including a panelled bath with an overhead electric shower and fully tiled walls; this is complemented by a separate WC. Outside, the low-maintenance garden comprises shingle areas alongside a paved patio perfect for outdoor seating. There are also two substantial outdoor storage cupboards available for your convenience. While dedicated parking isn’t allocated to this property, there are communal parking areas in close proximity. Overall, this home stands out not only for its location but also for its inherent potential as a renovation project or investment opportunity amidst an expanding community.

Investment Analysis

(IP16 area)
Area Average
£283/sq ft
Avg Rent (weekly)
£424
Avg Yield
7.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP16)

Area prices are rising by +8.3% over the last 12 months
3 year growth: -5.7%
5 year growth: 11.0%
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

Quakers Way, Leiston IP16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£696
Based on a loan of £142,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE