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Cheltenham Avenue, Ipswich, Suffolk, IP1 - Image 9
Cheltenham Avenue, Ipswich, Suffolk, IP1 - Image 10

Cheltenham Avenue, Ipswich, Suffolk, IP1

East of England

£425,000
Listed on 14/08/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1194 sqft

Description

This four-bedroom detached house, located on the northern side of Ipswich, presents a significant opportunity for renovation and improvement. While the property requires modernization, it already benefits from essential features such as double glazing and gas central heating. The layout includes two reception rooms that provide flexibility for various uses. The dual-aspect sitting room is complemented by a feature fireplace and offers direct access to the garden through sliding doors, creating a pleasant flow between indoor and outdoor spaces. The dining room, with its bay window, adds a touch of character to the home. The kitchen/breakfast area houses a range of base and eye-level units alongside integrated appliances that include a double oven and gas hob, along with additional pantry space for storage. On the first floor, you'll find four well-sized bedrooms, each offering unique views and ample potential for reconfiguration or renovation to suit your needs. The family bathroom includes essential fixtures while also presenting an opportunity for updating. A practical addition is the ground-floor cloakroom. Externally, the property features a raised front garden that wraps around to the rear, bordered by plants and shrubs for added privacy. The driveway accommodates two to three cars and leads to a detached garage with an up-and-over door. The rear garden is predominantly laid to lawn with a patio area—ideal for outdoor activities or relaxation—along with steps leading back to the driveway and an additional lean-to structure. Located in a sought-after area on the northeast side of Ipswich, this property is conveniently close to local amenities, including Ipswich School, shopping areas, and excellent transport links via the A12/A14 routes as well as Ipswich Mainline Railway Station with services to London Liverpool Street. This location enhances its investment appeal as it offers easy access to both urban conveniences and local attractions. With its blend of potential and prime location, this property stands out as an exciting project for those looking to create their ideal home or enhance their investment portfolio.

Investment Analysis

(IP1 area)

Above Market Value

This property is priced +39.7% above area average per sq ft

+39.7%
This Property
£356/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.9%

Renovation Potential

Est. Renovation Cost
£42,500 - £106,250
10-25% of property value
Target Value
£334,654
10% above area average per sq ft
Potential ROI
-37.0%
After renovation
Monthly Sales
27
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (IP1)

Area prices are falling by +8.6% over the last 12 months
3 year growth: 3.6%
5 year growth: 12.9%
Investment Disclaimer: Analysis based on IP1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Cheltenham Avenue, Ipswich, Suffolk, IP1
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