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Evesham Close, Ipswich, Suffolk, IP2

East of England

£300,000
Listed on 22/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
915 sqft

Description

This three-bedroom detached bungalow offers significant renovation potential, situated in a convenient southwest Ipswich location near local amenities such as Asda and public transport links. With no onward chain, this property is ideal for buyers looking to invest in a home that allows for customization and modern upgrades. The versatile layout includes an entrance hall, cloakroom, kitchen, expansive 22ft open plan lounge/dining area, a shower room, and three bedrooms—one of which has direct access to the rear garden and could serve as an additional reception space. The home features essential amenities like double-glazing and gas central heating. Outside, you'll find off-road parking suitable for multiple vehicles, a detached garage, and a well-enclosed garden that requires refinement but presents an excellent opportunity for landscaping. Given its proximity to Ipswich’s vibrant waterfront areas and urban conveniences, the property holds promising appeal for both families and investors alike.

Investment Analysis

(IP2 area)

Above Market Value

This property is priced +33.0% above area average per sq ft

+33.0%
This Property
£328/sq ft
Area Average
£247/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£248,102
10% above area average per sq ft
Potential ROI
-23.7%
After renovation
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

Evesham Close, Ipswich, Suffolk, IP2
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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
£1,099
Based on a loan of £225,000 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