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Mersey Road, Ipswich, IP3

East of England

£275,000
Listed on 23/01/2026

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow offers a blank canvas for those looking to invest in a renovation project. Located in the desirable Rivers estate, this property is conveniently situated near local schools and various amenities. Inside, you'll find an entrance hall leading to a living room with an electric fireplace, a separate dining area with French doors opening to the garden, and a functional kitchen. The layout also includes three bedrooms—each featuring double-glazed windows—and both a bathroom and separate WC. Outside, there's off-road parking for one vehicle alongside a single garage at the front, while the generous rear garden provides ample space for landscaping or outdoor improvements. This property presents significant potential for transformation into a modern family home through thoughtful renovation.

Investment Analysis

(IP3 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (IP3)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -0.6%
5 year growth: +10.5%
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

Mersey Road, Ipswich, IP3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 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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