Sold Flat

42 STRADBROKE ROAD

SOUTHWOLD, SUFFOLK IP18 6LQ

3 beds 1 baths Listed 5 Dec 2016 (-3471d)

£349,500

Guide Price

Reduced on 29 Aug 2017

Save

# 3 bedroom apartment for sale (IP18 6LQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 42 STRADBROKE ROAD, SOUTHWOLD, SUFFOLK IP18 6LQ |
| Price | £349,500 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Last sold | £335,000 Apr 2018 |

## Description

**THE** **PROPERTY** **** Driftwood is a delightful first and second floor apartment in a good location. The apartment has been very well cared for by the current owners and consequently it is in extremely good order throughout. The accommodation comprises a communal entrance hall, landing, sitting room, study/bedroom 3; kitchen with dining area, separate wc and bathroom. There are two double bedrooms to the second floor and a paved courtyard garden to the rear.

Main benefits include light and airy accommodation, double glazing to most windows, gas fired central heating and a small courtyard garden.

The apartment is currently used as a successful holiday letting property with an annual gross income of £18,000.

To fully appreciate the accommodation offered, early viewing is advised.

**LOCATION** **** Driftwood is centrally located just a few yards from the seafront and a short stroll from the High Street shops.

The town offers a vast array of leisure facilities and amenities including High Street shops, restaurants, public houses, Churches, library, doctors and dental surgeries, small cottage hospital, pier, golf and sailing clubs. All within easy reach.

The surroundings being part of Suffolk's area of outstanding natural beauty, are renowned for coastal walks and bird watching.

**ACCOMMODATION** **** A half glazed front entrance door opens to the communal hall with entrance door to the apartment.

**LANDING** **** With radiator; under stairs storage cupboard; half glazed door that gives access to an external metal staircase leading down to the courtyard; staircase to second floor accommodation; ceiling light point; fitted carpet; door to:-

**SITTING** **ROOM** ****

**13ft** **6in** **x** **10ft.** ****

**4.12m** **x** **3.04m** **** Sash window to front aspect; fireplace with timber surround; cupboard to fireplace alcove; radiator; TV point; telephone point; ceiling light point; fitted carpet.

**STUDY/BEDROOM** **3** ****

**10ft** **x** **4ft** **10in.** ****

**3.04m** **x** **1.49m** **** Sash window to front aspect; radiator; ceiling light point; fitted carpet.

**KITCHEN/DINER** ****

**12ft** **x** **9ft** **7in.** ****

**3.63m** **x** **2.93m** **** Double glazed window to rear aspect; a stainless steel sink with mixer tap; a good range of Shaker style base and wall mounted units; solid oak work surface; built in shelved pantry cupboard; electric range cooker ceramic hob and stainless steel extractor hood over; integrated dishwasher; integrated washing machine/drier; fridge/freezer space; radiator; ceiling light point; vinyl flooring.

**SEPARATE** **WC** **** Double glazed window to side aspect; ceiling light point; vinyl flooring.

**BATHROOM** **** Double glazed window to rear aspect; a three piece suite in white comprising a panelled bath with shower over; vanity style wash basin; towel radiator; built in shelved cupboard housing the gas fired combination boiler for central heating and domestic hot water; ceiling light point; vinyl flooring.

**SECOND** **FLOOR** **** Stairs from the landing lead to the:-

**SECOND** **FLOOR** **LANDING** **** With loft access hatch; ceiling light; fitted carpet; door to:-

**BEDROOM** ****

**Max.** **PSC** **15ft 3in x 14ft 2in**

**4.66m** **x** **4.33m** **** Two small sash windows to the front aspect; radiator; ceiling light point; fitted carpet.

**BEDROOM** ****

**11ft** **4in** **x** **10ft** **2in.** **PSC** ****

**3.45m** **x** **3.10m** **** Double glazed window to the rear with pleasant views; built in eaves storage cupboard; radiator; ceiling light point; fitted carpet.

**OUTSIDE** **** To the rear of the property is a small paved courtyard. A gate gives pedestrian access along a path to Salisbury Road.

## Property Photos

- ![Photo](/listings/photos/63461861/637406)
- ![Photo](/listings/photos/63461861/637407)
- ![Photo](/listings/photos/63461861/637408)
- ![Photo](/listings/photos/63461861/637409)
- ![Photo](/listings/photos/63461861/637410)
- ![Photo](/listings/photos/63461861/637411)
- ![Photo](/listings/photos/63461861/637412)
- ![Photo](/listings/photos/63461861/637413)
- ![Photo](/listings/photos/63461861/637414)
- ![Photo](/listings/photos/63461861/637415)

## Floorplans

- ![Floorplan 1](/listings/photos/63461861/637416) - Floorplan 1

## FENSA Certificates

This property has 3 FENSA certificate(s) on record.

### FENSA Certificate #10594217
- **Address:** 42 Stradbroke Road, SOUTHWOLD, IP18 6LQ
- **Certificate Issued:** 20/10/2014
- **Work Completed:** 07/10/2014
- **Items:** 5 window(s), 1 door(s)

### FENSA Certificate #13970554
- **Address:** 42 Stradbroke Road, SOUTHWOLD, IP18 6LQ
- **Certificate Issued:** 02/02/2020
- **Work Completed:** 31/01/2020
- **Items:** 2 window(s), 1 door(s)

### FENSA Certificate #13995429
- **Address:** 42 Stradbroke Road, SOUTHWOLD, IP18 6LQ
- **Certificate Issued:** 23/02/2020
- **Work Completed:** 11/02/2020
- **Items:** 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 42 STRADBROKE ROAD, SOUTHWOLD, WAVENEY, SUFFOLK, IP18 6LQ | £335,000 | 23/04/2018 | Terraced |
| 42 STRADBROKE ROAD, SOUTHWOLD, WAVENEY, SUFFOLK, IP18 6LQ | £285,000 | 09/06/2017 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE CRAIGHURST, 11 - 13 FLAT 7 NORTH PARADE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LP | £360,000 | 28/11/2025 | Flat |
| 48B STRADBROKE ROAD, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LQ | £398,000 | 12/07/2023 | Flat |
| 26 FLAT 2 NORTH PARADE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LT | £700,000 | 03/04/2023 | Flat |
| 12A STRADBROKE ROAD, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LQ | £515,000 | 04/10/2022 | Flat |
| 15A FIELD STILE ROAD, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LD | £495,000 | 15/07/2022 | Flat |
| THE CRAIGHURST, 11 - 13 FLAT 1 NORTH PARADE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LP | £500,000 | 17/12/2021 | Flat |
| 72A HIGH STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6DN | £335,000 | 08/12/2021 | Flat |
| 6 CUMBERLAND CLOSE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6JR | £502,500 | 30/09/2021 | Flat |
| 70A HIGH STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6DN | £224,000 | 30/09/2021 | Flat |
| 3 TRINITY STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6JH | £580,000 | 30/07/2021 | Flat |
| 72B HIGH STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6DN | £300,000 | 28/06/2021 | Flat |

**Area average:** £446,318 (11 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £420,000 (2 Flat, IP18, 2024–2026)
- **Deviation:** -16.8%

## Rental Range

*ONS Price Index of Private Rents (East Suffolk). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £749/mo
- **Realistic:** £832/mo
- **Optimistic:** £915/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Lowestoft & Great Yarmouth (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £628/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed End Terrace, Victoria Street, IP18 | £3,195/mo | 3 | 0.11 miles | OpenRent |
| 3 Bed End Terrace, Victoria Street, IP18 | £3,195/mo | 3 | 0.11 miles | OpenRent |
| 3 Bed Semi-Detached House, Pier Avenue, IP18 | £1,950/mo | 3 | 0.21 miles | OpenRent |
| 3 Bed Bungalow, Nightingale Avenue, IP18 | £1,600/mo | 3 | 0.92 miles | OpenRent |

**Average rent: £2,485/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.74% (weak for cashflow)
- **Max investor price (0.8%):** £321,625
- **Target investor price (1%):** £257,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,573/mo).*

- **Gross yield:** 8.8%
- **Cost-to-rent:** 11.3×
- **Monthly cashflow:** £914/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **10y growth:** 6.3%

## House Price Index (HM Land Registry)

*Official index for East Suffolk; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4.4%
- **5y growth (index):** -0.2%
- **10y growth (index):** 12.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

LEASEHOLD

Last sold

£335,000 Apr 2018

Local average

£420,000 (-16.8%)

Street crime

16 incidents within 1 mile (Mar 2026)

Key features

First and Second Floor Apartment
Communal Entrance Hall
Landing
Sitting Room
Kitchen/Dining Area
Study/Bedroom 3
Separate WC
Bathroom
Two Second Floor Bedrooms
Courtyard Garden

Additional details

Parking: On street
Garden: Yes

Description

THE PROPERTY ** Driftwood is a delightful first and second floor apartment in a good location. The apartment has been very well cared for by the current owners and consequently it is in extremely good order throughout. The accommodation comprises a communal entrance hall, landing, sitting room, study/bedroom 3; kitchen with dining area, separate wc and bathroom. There are two double bedrooms to the second floor and a paved courtyard garden to the rear.

Main benefits include light and airy accommodation, double glazing to most windows, gas fired central heating and a small courtyard garden.

The apartment is currently used as a successful holiday letting property with an annual gross income of £18,000.

To fully appreciate the accommodation offered, early viewing is advised.

LOCATION Driftwood is centrally located just a few yards from the seafront and a short stroll from the High Street shops.

The town offers a vast array of leisure facilities and amenities including High Street shops, restaurants, public houses, Churches, library, doctors and dental surgeries, small cottage hospital, pier, golf and sailing clubs. All within easy reach.

The surroundings being part of Suffolk's area of outstanding natural beauty, are renowned for coastal walks and bird watching.

ACCOMMODATION A half glazed front entrance door opens to the communal hall with entrance door to the apartment.

LANDING With radiator; under stairs storage cupboard; half glazed door that gives access to an external metal staircase leading down to the courtyard; staircase to second floor accommodation; ceiling light point; fitted carpet; door to:-

SITTING ROOM

13ft 6in x 10ft.

4.12m x 3.04m Sash window to front aspect; fireplace with timber surround; cupboard to fireplace alcove; radiator; TV point; telephone point; ceiling light point; fitted carpet.

STUDY/BEDROOM 3

10ft x 4ft 10in.

3.04m x 1.49m Sash window to front aspect; radiator; ceiling light point; fitted carpet.

KITCHEN/DINER

12ft x 9ft 7in.

3.63m x 2.93m Double glazed window to rear aspect; a stainless steel sink with mixer tap; a good range of Shaker style base and wall mounted units; solid oak work surface; built in shelved pantry cupboard; electric range cooker ceramic hob and stainless steel extractor hood over; integrated dishwasher; integrated washing machine/drier; fridge/freezer space; radiator; ceiling light point; vinyl flooring.

SEPARATE WC Double glazed window to side aspect; ceiling light point; vinyl flooring.

BATHROOM Double glazed window to rear aspect; a three piece suite in white comprising a panelled bath with shower over; vanity style wash basin; towel radiator; built in shelved cupboard housing the gas fired combination boiler for central heating and domestic hot water; ceiling light point; vinyl flooring.

SECOND FLOOR Stairs from the landing lead to the:-

SECOND FLOOR LANDING With loft access hatch; ceiling light; fitted carpet; door to:-

BEDROOM

Max. PSC 15ft 3in x 14ft 2in

4.66m x 4.33m Two small sash windows to the front aspect; radiator; ceiling light point; fitted carpet.

BEDROOM

11ft 4in x 10ft 2in. PSC

3.45m x 3.10m Double glazed window to the rear with pleasant views; built in eaves storage cupboard; radiator; ceiling light point; fitted carpet.

OUTSIDE ** To the rear of the property is a small paved courtyard. A gate gives pedestrian access along a path to Salisbury Road.

Listed by

Southwold

Jennie Jones Estate Agents

Reference: 63461861

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

FENSA Certificates

This property has 3 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #10594217

Property Details

Street: 42 Stradbroke Road

Town: SOUTHWOLD

Postcode: IP18 6LQ

Installation Details

Items: 5 windows and 1 door

Certificate Issued: 20/10/2014

Work Completed: 07/10/2014

This certificate data was retrieved from FENSA's database

FENSA Certificate #13970554

Property Details

Street: 42 Stradbroke Road

Town: SOUTHWOLD

Postcode: IP18 6LQ

Installation Details

Items: 2 windows and 1 door

Certificate Issued: 02/02/2020

Work Completed: 31/01/2020

This certificate data was retrieved from FENSA's database

FENSA Certificate #13995429

Property Details

Street: 42 Stradbroke Road

Town: SOUTHWOLD

Postcode: IP18 6LQ

Installation Details

Items: 1 door

Certificate Issued: 23/02/2020

Work Completed: 11/02/2020

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

18% since 2017

Event	Date	Price	% change
Sold	23/04/2018 (8 years ago)	£335,000	+17.5%
Sold	09/06/2017 (8 years ago)	£285,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
THE CRAIGHURST, 11 - 13 FLAT 7 NORTH PARADE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LP	£360,000	28/11/2025	Flat
48B STRADBROKE ROAD, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LQ	£398,000	12/07/2023	Flat
26 FLAT 2 NORTH PARADE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LT	£700,000	03/04/2023	Flat
12A STRADBROKE ROAD, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LQ	£515,000	04/10/2022	Flat
15A FIELD STILE ROAD, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LD	£495,000	15/07/2022	Flat
THE CRAIGHURST, 11 - 13 FLAT 1 NORTH PARADE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6LP	£500,000	17/12/2021	Flat
72A HIGH STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6DN	£335,000	08/12/2021	Flat
6 CUMBERLAND CLOSE, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6JR	£502,500	30/09/2021	Flat
70A HIGH STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6DN	£224,000	30/09/2021	Flat
3 TRINITY STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6JH	£580,000	30/07/2021	Flat
72B HIGH STREET, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6DN	£300,000	28/06/2021	Flat

Area average: £446,318 (11 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

10y growth 6.3%

House Price Index (HM Land Registry — official index, not sold-price averages): East Suffolk. Series: Flats and maisonettes. As of March 2026.

1y (index) -4.4%

5y (index) -0.2%

10y (index) 12.6%

Rental Range

Estimated market rent for East Suffolk. Low = conservative, Realistic = average, Optimistic = best case.

Low £749/mo

Realistic £832/mo

Optimistic £915/mo

Based on Local Authority from postcode lookup → East Suffolk.

LHA (30th percentile) floor for Lowestoft & Great Yarmouth: £628/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View IP18 6LQ

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Craftco	0.2 miles
Shop	Fat Face	0.2 miles
Bus stop	Kings Head	0.2 miles
Bus stop	Pier	0.2 miles
Train station	Blythburgh	3.6 miles
Train station	Brampton	7.4 miles
Hospital	Airey Close	11.8 miles

Street-level crime

Category	Count
Public order	6
Anti-social behaviour	3
Shoplifting	3
Criminal damage and arson	2
Violence and sexual offences	2
Total incidents	16

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Southwold Primary School	Primary	0.1 miles	— (Inspected (no overall grade))
Reydon Primary School	Primary	0.9 miles	Good — 23 Apr 2024
Saint Felix School	Other	1.2 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed End Terrace, Victoria Street, IP18	£3,195/mo	3	0.11 miles	OpenRent
3 Bed End Terrace, Victoria Street, IP18	£3,195/mo	3	0.11 miles	OpenRent
3 Bed Semi-Detached House, Pier Avenue, IP18	£1,950/mo	3	0.21 miles	OpenRent
3 Bed Bungalow, Nightingale Avenue, IP18	£1,600/mo	3	0.92 miles	OpenRent

Average rent: £2,485/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.74%

Max investor price (0.8%) £321,625

Target investor price (1%) £257,300

Gross yield 8.8%

Cost-to-rent ratio 11.3×

Monthly cashflow £914/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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