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Waterloo Avenue, Leiston IP16

East of England

£395,000

Listed on 31/05/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This detached bungalow presents a unique opportunity for those interested in renovation and development. Nestled in a substantial plot, this property boasts expansive gardens and significant potential for modernization or redevelopment (subject to obtaining planning permission). Originally constructed in 1949, the home has been cherished by one family since its rebuild and features a mix of spacious living areas along with original elements that could be revitalized. The layout includes flexible accommodation options with three bedrooms, a conservatory, and ample storage throughout. With the right vision, this property could be transformed into a contemporary residence while retaining its character. The extensive outdoor space further adds to the appeal, offering room for expansion or redesign. A viewing is essential to fully grasp the possibilities this property affords.

Investment Analysis

(IP16 area)
Area Average
£273/sq ft
Avg Rent (weekly)
£298
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (IP16)

Area prices are rising by +9.2% over the last 12 months
3 year growth: -6.9%
5 year growth: +8.8%
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

Waterloo Avenue, Leiston IP16
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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
£1,492
Based on a loan of £296,250 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.

Stamp Duty Calculator

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