LEISTON
DR

LEISTON

By Druce Estate & Letting Agents Ltd

£ 200,000

Reviews

2 out of 5 stars

Druce Estate & Letting Agents Ltd says ..

PRICE £200,000 a great opportunity to acquire this spacious Freehold 1 Bedroom Flat on the First Floor and Retail Unit on the Ground Floor which is positioned on the High Street.. A good yield of 7% with contracted tenants in flat and shop/premises below with established occupants. The prop...

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located on the High Street in Leiston, Suffolk. The flat is situated above a commercial unit. The location is good, being in the centre of Leiston with easy access to local amenities and shops. There are also several schools within a reasonable distance, including Leiston Primary School and Alde Valley Academy, both rated ‘Good’ by Ofsted. Train stations at Darsham and Saxmundham are within a 10km radius. Based on the provided photos, the property appears to be in reasonably good condition. The kitchen and bathroom seem recently updated or well-maintained, although the rest of the property shows signs of needing some modernisation. There is a lack of outdoor space; the property has no garden. Considering the average price per square foot in the area is £325, and the property is listed at £200,000 with 813.75 sqft, the price per sqft is approximately £246. This is significantly lower than the area average. However, the lack of outdoor space and the need for some modernisation should be considered. Nearby comparable properties show a range of prices, reflecting the varied condition and size of properties in the area. The listed price appears reasonable given the size, location, and condition of the property, but buyers should carefully consider the need for potential renovations.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
813.75

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
427,558.00 £
Increased by 8.53 %
from 393,940.00 £
Est sale value
337,706.25 £
Increased by 15.92 %
from 291,322.50 £
Average area rental value
1,305.00 £/mo
Increased by 4.23 %
from 1,252.00 £/mo
Est letting value
813.75 £/mo
Unchanged by 0.00 %
from 813.75 £/mo
Est rental Yield
3.66 %
Decreased by 3.94 %
from 3.81 %
Crime Rate
41.00 %
Unchanged by 0.00 %
from 41.00 %

Agent Activity

  • Druce Estate & Letting Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Compass Community School Aylward ParkOther Independent Special School0.35 KM
Leiston Children'S CentreChildren's Centre0.68 KM
Leiston Primary SchoolAcademy ConverterGood0.78 KM
Alde Valley AcademyAcademy Sponsor LedGood0.86 KM
Summerhill SchoolOther Independent School0.89 KM

Images

4 KIT 2 2 0e58ecc7-e0fb-4cb... 2ce377a1-e0fa-46c... 1 42e69d38-487c-424... shop office street view high ... Kitchen shop wc NEW BOILER 2024

Nearby Streets

NameAverage PriceAverage SqftDistance
Long Row £ 152,50000.00 KM
Main Street £ 000.00 KM
Newson Way £ 295,00000.00 KM
Woodlands £ 400,00000.00 KM
Acorn Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Darsham7211DSM9.65 KM
Saxmundham7224SAX9.77 KM

Nearby Listings

AddressPriceTypeScoreDistance
LEISTON £ 200,000BUY5 / 100.00 KM
High Street, Leiston £ 112,995BUYUnknown0.05 KM
High Street, Leiston £ 410,000BUY6 / 100.13 KM
Central Road, Leiston £ 270,000BUYUnknown0.15 KM
Leiston, Suffolk £ 575,000BUY7 / 100.15 KM

Nearby Properties

AddressPriceDistance
83 High Street £ 17,0000.00 KM
123 High Street £ 335,0000.01 KM
79 High Street £ 20,0000.01 KM
60a High Street £ 125,0000.05 KM
126 High Street £ 295,0000.05 KM