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Rushmere St Andrew, Ipswich

East of England

£115,000Guide Price

Listed on 04/07/2026

Property details

Bedrooms
2
Type
Terraced House
Area
718 sqft

Description

This two-bedroom mid-terrace bungalow, constructed around 1956, presents a significant opportunity for renovation and modernization in the sought-after semi-rural setting of Rushmere St Andrew. The property features an entrance porch, a sitting room, and a kitchen/breakfast room that opens up a world of potential for reimagining the layout and design according to personal tastes. Additionally, it includes two generously-sized bedrooms alongside a family wet room, and two large store rooms accessible from a rear hall. The enclosed gardens at both the front and rear offer ample outdoor space, while off-road parking is available. With double glazing and gas-fired central heating already in place, this home is ready for upgrades to enhance comfort and style. The regeneration possibilities are numerous—ideal for those looking to invest in a property that can be tailored to modern living requirements. This listing is being offered at auction on July 29th, 2026, providing a streamlined process for buyers looking to secure their investment.

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Investment analysis

(IP5 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£160/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£260,397
10% above area average per sq ft
Potential ROI
+68.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP5)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +1.7%
5 year growth: +11.2%
Investment Disclaimer: Analysis based on IP5 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

Rushmere St Andrew, Ipswich
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£434
Based on a loan of £86,250 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

Next Steps

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