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Elmcroft Road, Ipswich, Suffolk, IP1 - Image 1
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Elmcroft Road, Ipswich, Suffolk, IP1

East of England

£270,000
Listed on 07/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
828 sqft

Description

This three-bedroom semi-detached home, located in the desirable Crofts area of Ipswich, is positioned on a generous plot with potential for expansion (pending planning permissions). The property features a spacious rear garden exceeding 80 feet, alongside off-road parking capable of accommodating two to three vehicles at the front. Inside, you'll find a practical layout comprising an entrance hall, two reception areas, a galley-style kitchen, three bedrooms on the first floor, and a family bathroom. This residence offers an excellent opportunity for renovation or updates to enhance its appeal and value. Ipswich itself boasts a variety of local amenities ranging from schools and healthcare facilities to shopping options and recreational areas, along with convenient access to London's Liverpool Street Station via direct rail services in about 1 hour and 15 minutes. With ongoing development in the vibrant waterfront area featuring new bars and restaurants, this property represents a worthwhile investment for those looking to capitalize on both location and potential enhancements.

Investment Analysis

(IP1 area)

Above Market Value

This property is priced +27.5% above area average per sq ft

+27.5%
This Property
£326/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£232,983
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP1)

Area prices are falling by +5.6% over the last 12 months
3 year growth: -1.3%
5 year growth: 12.6%
Investment Disclaimer: Analysis based on IP1 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

Elmcroft Road, Ipswich, Suffolk, IP1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£989
Based on a loan of £202,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE