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Myrtle Road, Ipswich, Suffolk, IP3

East of England

£190,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
909 sqft

Description

Located in the southeastern part of Ipswich, this three-bedroom semi-detached house presents a valuable opportunity for investors or those looking to create their dream home. The property is within a short distance to both the waterfront and town center, making it ideally situated for convenience. Although it requires comprehensive updating and modernization, its generous plot and well-maintained 80ft rear garden offer ample space for enhancement. Off-road parking adds to its appeal. Ipswich itself provides a variety of amenities, including schools, shopping facilities, and leisure options, with excellent transport links to London via the mainline railway. This property is offered with no onward chain, providing a straightforward acquisition process.

Investment Analysis

(IP3 area)

Below Market Value

This property is priced -20.5% below area average per sq ft

-20.5%
Potential saving
This Property
£209/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£214
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£262,774
10% above area average per sq ft
Potential ROI
+14.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (IP3)

Area prices are stable by 0.0% over the last 12 months
3 year growth: 1.7%
5 year growth: 12.9%
Investment Disclaimer: Analysis based on IP3 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

Myrtle Road, Ipswich, Suffolk, IP3
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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
£696
Based on a loan of £142,500 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