Sold Bungalow

16 NICHOLAS DRIVE

SOUTHWOLD, REYDON, SUFFOLK IP18 6RE

2 beds 1 baths 592 sq ft Listed 22 Jun 2023 (-1087d)

£360,000

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Front Lounge Garden Garden Lounge Dining Area Kitchen Kitchen Bedroom 2 Bedroom 1 Bathroom Garden

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Property details

Tenure

FREEHOLD

Floor area

55 m²

Council tax band

TBC

EPC rating

D

Year built

England and Wales: 1967-1975

Last sold

£175,000 Jan 2025

Price per m²

£6,545/m²

Local average

£903,333 (-60.1%)

Street crime

17 incidents within 1 mile (Apr 2026)

Key features

  • Popular cul-de-sac
  • Short walk to Southwold
  • Close to corner store
  • Two double bedrooms
  • Large reception room
  • Secluded rear garden
  • Garage and parking
  • Potential for modernisation

Additional details

Parking
Yes
Garden
Yes

Description

Set in a popular cul-de-sac close to the Southwold bridge and village store, this is a wonderful opportunity to acquire a well-proportioned link-detached bungalow that offers plenty of potential for buyers.

With a porch leading into the hallway which has two storage cupboards, you step into a twenty-seven-foot reception room which has a large picture window to one end letting in plenty of light. To the rear of the room is an open plan dining area which has garden views. The kitchen is fitted with a range of oak fronted base and eye level units with a door to the garden at one end. There are two well-matched double bedrooms with the main bedroom offering built-in wardrobes to one wall. The family bathroom is fitted with a matched white suite.

Outside, to the front there is a garden planted with a variety of mature shrubs with a path leading up from the road. A driveway provides plenty of parking and accesses the garage set to one side. The rear garden offers a high degree of seclusion and has a patio area bordered by a brick retaining wall with a loggia over. The remainder is laid to lawn with mature hedging, specimen trees, a timber shed and summerhouse. Offered with no onward chain, the property could be redeveloped further (S.T.P) to suit a buyer’s tastes to offer reconfigured or extended accommodation.

Listed by

Southwold

Winkworth

Reference: 136436849

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 27/07/2023

Expiry date: 26/07/2033

Current heating cost: £1,164/year

Potential heating cost: £830/year

Est. upgrade cost to C: £18,500

Recommendations

  • Floor insulation (suspended floor) (£800 - £1,200)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #5409456

Property Details

Street: 16 Nicholas Drive

Town: Reydon

Postcode: IP18 6RE

Installation Details

Items: 3 windows

Certificate Issued: 04/02/2008

Work Completed: 21/01/2008

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

Event Date Price % change
Sold 31/01/2025 (1 year ago) £175,000

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
9 GORSE ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6NQ £960,000 09/12/2025 Detached
27 OAKLANDS, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RY £255,000 21/02/2025 Detached
28 THE FIRS, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6YS £305,000 11/09/2024 Detached
6 EVANS CLOSE, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6PU £358,500 16/11/2023 Detached
Same street 10 NICHOLAS DRIVE, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RE £565,000 15/11/2023 Detached
4 LONG MARSH CLOSE, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RS £470,000 31/05/2023 Detached
21 WANGFORD ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6PY £610,000 28/04/2023 Detached
12 THE FIRS, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6YS £345,000 16/03/2023 Detached
Same street 8 NICHOLAS DRIVE, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RE £397,500 10/03/2023 Detached
11 GORSE ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6NQ £735,000 28/02/2023 Detached
5 GORSE ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6NQ £920,000 28/02/2023 Detached
18 OAKLANDS, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RY £360,000 20/12/2022 Detached
30 WANGFORD ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6PY £885,000 18/11/2022 Detached
16 THE FIRS, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6YS £330,000 22/09/2022 Detached
4 HILLSIDE ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RH £575,000 14/07/2022 Detached
BRAESIDE MOUNT PLEASANT, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6QP £495,000 08/06/2022 Detached
8 GORSE ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6NQ £585,000 26/05/2022 Detached
Same street 25 NICHOLAS DRIVE, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RE £500,000 19/05/2022 Detached
15 OAKLANDS, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RY £150,000 20/04/2022 Detached
THE LOG HOUSE, 3 HILL ROAD, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6NL £935,000 08/04/2022 Detached
10 EVANS CLOSE, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6PU £540,000 06/04/2022 Detached
5 OAKLANDS, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RY £205,000 01/03/2022 Detached
1 BRIDGEFOOT CORNER, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6NF £880,000 17/02/2022 Detached
Same street 20 NICHOLAS DRIVE, REYDON, SOUTHWOLD, EAST SUFFOLK, SUFFOLK, IP18 6RE £456,000 24/06/2021 Detached

Street average: £479,625 (4 sales)

Area average: £544,925 (20 sales)

Capital growth trend

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

5y growth 60.9%
10y growth 202.6%

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

1y (index) 0.4%
5y (index) 11.6%
10y (index) 34.5%

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: £573/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Randolph Hotel 0.1 miles
Shop Boyden Stores 0.3 miles
Shop Southwold Auto Services 0.4 miles
Train station Blythburgh 3.3 miles
Train station Brampton 6.7 miles
Hospital Airey Close 11.3 miles

Street-level crime

Category Count
Other theft 5
Violence and sexual offences 3
Bicycle theft 2
Criminal damage and arson 2
Public order 2
Anti-social behaviour 1
Burglary 1
Shoplifting 1
Total incidents 17

Within 1 mile during Apr 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
Reydon Primary School Primary 0.2 miles Good — 23 Apr 2024
Saint Felix School Other 0.7 miles (No rating)
Southwold Primary School Primary 0.7 miles (Inspected (no overall grade))

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.23%
Max investor price (0.8%) £104,000
Target investor price (1%) £83,200
  • 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).