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Broomhayes, IP2

East of England

£220,000
Listed on 14/09/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom property presents a promising opportunity for renovation and investment. The layout includes a welcoming hallway, a convenient downstairs W/C, a living room with abundant natural light, and a kitchen that opens onto the garden. Upstairs, you'll find three bedrooms and a family bathroom, which contribute to the home's functional design. Significant renovation is needed throughout the property, allowing prospective buyers to tailor the space to their tastes and requirements. The living room features two front-facing double-glazed windows, offering potential for a cozy atmosphere once updated. The kitchen is equipped with fitted base and eye-level units, providing a solid foundation for modern upgrades; it also includes access to the garden via a rear door. The upstairs landing grants access to all bedrooms as well as substantial loft space that is partially boarded for additional storage. Each bedroom benefits from double-glazed windows and built-in storage in the primary room, ensuring each space can be utilized effectively. Outside, the property boasts a two-tiered rear garden, enhancing its appeal for outdoor activities or gardening projects. The hard-standing lower level offers practical use while the upper level features a lawn surrounded by trees—a blank canvas ready for landscaping. Additionally, there’s convenient garage access nearby which adds to the property’s utility. Located in an area with development potential, this home represents an excellent investment prospect for those looking to capitalize on local market trends. With gas central heating and double-glazed windows throughout—although both systems are dated—there is ample scope for improvements that could significantly enhance value over time.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £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

Broomhayes, IP2
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 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