Ranelagh Road and Princess Street Junction, Ipswich, Suffolk

East of England

£2,900,000Guide Price

Listed on 15/08/2026

Auction listing

Wednesday, 26 August 2026 at 10:00 am

Starts in

Property details

Bedrooms

Type

Major Development Opportu

Tenure

Freehold

Features

Planning permission granted

Description

Major development opportunity, 109 flats, 79 x One Beds • 30 x Two Beds and 228 sqm of ground floor commercial floor space (Use Class E). Ipswich Station Front. Consented residential-led scheme at the Ranelagh Road & Princes Street Junction, Ipswich directly opposite Ipswich Train Station. Full planning granted (Ref: 24/00430/FUL) Landscaping, refuse, cycle & car parking included. A gateway site in one of Suffolk’s fastest-growing commuter towns — perfectly placed for both capital growth and rental demand. Note: The images are the proposed views of the development.

Investment analysis

(IP2 area)

Area Average

£247/sq ft

Avg Rent (weekly)

£226

Avg Yield

5.3%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£5,000,000 - £8,000,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

11%

Properties sold annually

Local Market Trend (IP2)

Area prices are stable by +0.4% over the last 12 months

3 year growth: -6.3%

5 year growth: +6.2%

Investment Disclaimer: Analysis based on IP2 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.

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Location

Ranelagh Road and Princess Street Junction, Ipswich, Suffolk

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£10,956

Based on a loan of £2,175,000 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

This calculation uses non-residential (land/commercial) tax rates.

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Marketed by

Town & Country - London

Marketed by

Town & Country - London

Next Steps

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