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Ipswich, Suffolk

East of England

£165,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
312 sqft

Description

This charming red brick terraced cottage presents a promising opportunity for both first-time buyers and discerning investors. Nestled on a quieter side road, yet mere moments from the bustling town centre, this spacious property is ready to be transformed. Although it currently requires modernisation, its potential is significant for those looking to create a comfortable home or enhance its rental appeal. The house is offered with no onward chain, streamlining the purchase process. Outside, the rear garden offers a blend of lawn and terrace, featuring an established tree and a timber shed with power connected—ideal for storage or as a workshop space. The location in Ipswich is advantageous, benefiting from recent gentrification efforts that have rejuvenated the area, enhancing its desirability as a commuting hub to London and beyond. With good schooling options nearby and easy access to recreational facilities like sailing and golf, this property stands out as an excellent investment.

Investment Analysis

(IP3 area)

Above Market Value

This property is priced +100.1% above area average per sq ft

+100.1%
This Property
£529/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£225
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£90,725
10% above area average per sq ft
Potential ROI
-52.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (IP3)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.8%
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

Ipswich, Suffolk
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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
£604
Based on a loan of £123,750 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