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Congreve Road, Ipswich

East of England

£220,000
Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached three-bedroom home is situated in the desirable Crofts/Castle Hill area of Ipswich, presenting an excellent opportunity for those keen to invest in a property with significant renovation potential. The house is well-located, offering easy access to essential local services, educational institutions, and transport connections, which makes it attractive for first-time homeowners or property investors looking to renovate for rental income. While the interior needs modern updates throughout, it features a generous layout on the ground floor, along with three comfortable bedrooms and a practical first-floor bathroom—an ideal setup for enhancement. Additionally, the property includes a driveway and garage, providing off-street parking and extra storage solutions. With ample room for improvement and positioned in a sought-after neighborhood, this property stands as a promising project that can be transformed into a lovely family residence or a profitable buy-to-let option.

Investment Analysis

(IP1 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.6%

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
39
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (IP1)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -4.2%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on IP1 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

Congreve Road, Ipswich
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£793
Based on a loan of £165,000 over 30 years at 4.06% 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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