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26 Lancing Avenue, Ipswich, IP4 4DG - Image 1

26 Lancing Avenue, Ipswich, IP4 4DG

East of England

£120,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
559 sqft

Description

This detached bungalow presents an excellent opportunity for those looking to invest in a property with substantial renovation potential. Located on a quiet cul-de-sac off Kingsgate Drive, it offers convenient access to local amenities in Ipswich Town Centre and transport links via Westerfield and Derby Road Train Stations. The nearby Christchurch Park adds to its appeal, making this an attractive location for families and professionals alike. The accommodation consists of an entrance porch leading into a hallway, a spacious living room, and a kitchen that can be reimagined to suit modern living standards. With three bedrooms available, there is ample space for family or guests. The shower room/WC and utility room also provide scope for updates. Additionally, the property includes a garage and both front and rear gardens, adding further value. Given that it requires significant modernization, this bungalow is perfect for buyers looking to create their desired living space while enhancing the overall value of the property.

Investment Analysis

(IP4 area)

Below Market Value

This property is priced -20.7% below area average per sq ft

-20.7%
Potential saving
This Property
£215/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£229
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£166,484
10% above area average per sq ft
Potential ROI
-2.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (IP4)

Area prices are rising by +7.1% over the last 12 months
3 year growth: -1.6%
5 year growth: +10.5%
Investment Disclaimer: Analysis based on IP4 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

26 Lancing Avenue, Ipswich, IP4 4DG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£433
Based on a loan of £90,000 over 30 years at 4.06% 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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