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Congreve Road, Ipswich - Image 1
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Congreve Road, Ipswich - Image 5

Congreve Road, Ipswich

East of England

£240,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
871 sqft

Description

Nestled in the desirable Crofts/Castle Hill neighborhood of Ipswich, this three-bedroom semi-detached property offers a promising canvas for those seeking a renovation project or investment opportunity. The location boasts excellent connectivity, with nearby access to essential amenities, schools, and transport links, making it an attractive option for families and commuters alike. The interior provides a spacious layout across the ground floor, featuring three generously sized bedrooms and a first-floor bathroom. While the property currently requires modernisation throughout, this presents an opportunity for buyers to implement their vision and enhance its value significantly. Outside, the property includes a driveway and a garage, ensuring off-road parking and additional storage solutions are available. Given the strong demand in this well-regarded residential area, there is considerable potential to transform this house into a desirable family home or capitalize on its rental prospects. This property represents a unique chance to invest in a sought-after location while allowing for personal input in its design and functionality. With strategic improvements, it could serve as both an ideal residence or an advantageous buy-to-let investment.

Investment Analysis

(IP1 area)

Above Market Value

This property is priced +7.7% above area average per sq ft

+7.7%
This Property
£276/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
£245,082
10% above area average per sq ft
Potential ROI
-12.5%
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

Congreve Road, Ipswich
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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
£879
Based on a loan of £180,000 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