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Grub Lane, Spexhall, Halesworth IP19

East of England

£290,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1510 sqft

Description

This three-bedroom ex-local authority home presents a remarkable renovation opportunity in the serene village of Spexhall, offering expansive views across picturesque farmland. Nestled conveniently between Bungay and Halesworth, this property boasts spacious rooms and a well-considered layout, perfect for those looking to customize their living space. The generous ground floor features a welcoming entrance porch leading to a hallway, a sizeable sitting room with an open fireplace that flows into a conservatory, as well as a dining room equipped with built-in storage and another fireplace. The kitchen overlooks the garden and includes a handy pantry/utility area. Moving upstairs, you'll find three ample double bedrooms that benefit from rural vistas and a generously sized family bathroom with both bath and shower facilities. Externally, the home is approached via a driveway providing ample parking space and leads to an oversized double garage (approx. 5m x 7m) with power supply—ideal for workshop enthusiasts or secure storage needs. The outdoor spaces include a front garden bordered by established plants and a rear garden primarily laid to lawn with patio areas designed for relaxation while taking in the soothing countryside views. With its solid construction typical of its era and significant potential for personalization, this property invites buyers to explore extensive refurbishment possibilities, making it an excellent investment in this sought-after rural location.

Investment Analysis

(IP19 area)

Below Market Value

This property is priced -39.3% below area average per sq ft

-39.3%
Potential saving
This Property
£192/sq ft
Area Average
£316/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£525,457
10% above area average per sq ft
Potential ROI
+59.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP19)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -3.7%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on IP19 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

Grub Lane, Spexhall, Halesworth IP19
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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
£1,035
Based on a loan of £217,500 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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