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Ancaster Road, Ipswich

East of England

£325,000
Listed on 14/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow offers a unique opportunity for those looking to invest in a renovation project. Located in the South of Ipswich, this property is sold with no onward chain, allowing for a smooth purchase process. Built in the 1970s, the home retains much of its original character and presents a blank canvas ready for modernization. The exterior of the property has been well maintained, featuring replacement windows and a new roof installed in 2003. A modern gas central heating boiler was fitted within the last six years, which adds to the home's appeal as an investment. The garden boasts a multi-level design with steps leading up to a lawn area, complemented by various patio spaces—ideal for outdoor gatherings. There is also an outbuilding that holds potential for conversion into a summerhouse or games room, perfect for enhancing leisure space. Inside, the bungalow provides generous living areas including a wrap-around living room that flows into a dining space and kitchen. The current layout allows flexibility for reconfiguration according to personal taste. Three bedrooms provide ample accommodation, while the family bathroom features essential amenities. Situated on a quiet lane between Hawthorn Drive and Belstead Road, this property benefits from its peaceful surroundings while still being conveniently close to Ipswich town center. The train station is just an eight-minute walk away, providing easy access for commuters. Nearby amenities include schools, shops, and supermarkets all within a short drive. Overall, this bungalow not only offers comfortable living space but also significant potential for renovation to create your ideal family home or investment property.

Investment Analysis

(IP2 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (IP2)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -4.8%
5 year growth: 16.8%
Investment Disclaimer: Analysis based on IP2 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

Ancaster 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
£1,191
Based on a loan of £243,750 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