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Wagtail Drive, Stowmarket

East of England

£240,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1249 sqft

Description

Situated in the appealing Wagtail Drive area of Stowmarket, this mid-terrace property spans three storeys and showcases significant potential for renovation or investment. The home features a versatile layout that includes two reception rooms ideal for both cozy evenings and entertaining guests. There are three generous bedrooms, with the master suite benefiting from an en-suite bathroom, ensuring comfort and privacy. Additionally, the presence of a second bathroom supports family living or hosting visitors. The heart of this residence is the kitchen/family room — a spacious area ripe for modernisation and personal touches. While the house currently requires updates, it presents a blank canvas for prospective buyers eager to inject their individual style. Outside, low-maintenance gardens at both the front and back enhance outdoor living without demanding excessive upkeep. A single garage en-bloc accompanied by off-road parking adds further convenience. This property comes with vacant possession and no upward chain, allowing new owners to move in seamlessly. The location is particularly desirable with easy access to local shops, cafes, restaurants, recreational facilities, transport links to major cities including London and Norwich, making it an attractive option for those ready to take on a project in Stowmarket.

Investment Analysis

(IP14 area)

Below Market Value

This property is priced -37.0% below area average per sq ft

-37.0%
Potential saving
This Property
£192/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£251
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£419,177
10% above area average per sq ft
Potential ROI
+55.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP14)

Area prices are falling by +4.8% over the last 12 months
3 year growth: -4.6%
5 year growth: 10.5%
Investment Disclaimer: Analysis based on IP14 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

Wagtail Drive, Stowmarket
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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
£879
Based on a loan of £180,000 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