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Runnacles Way, Felixstowe, IP11

East of England

£242,500
Listed on 31/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
603 sqft

Description

This two-bedroom semi-detached property offers an excellent opportunity for first-time buyers or investors looking to enter the rental market. The layout includes a generous living/dining area leading into a conservatory, which provides additional living space and potential for further enhancement. The kitchen is functional but could benefit from modern updates to maximize appeal. Both bedrooms are spacious, and the bathroom, while serviceable, presents opportunities for improvement. A key highlight is the adjoining garage, which holds significant potential for conversion or extension (subject to obtaining necessary planning permissions). The backyard features low-maintenance landscaping with ample paving and established plants, ensuring it’s ready for immediate use while leaving room for personal touches. Located in a desirable area of East England with nearby amenities, this property is positioned well for future value appreciation through smart renovations.

Investment Analysis

(IP11 area)

Above Market Value

This property is priced +24.5% above area average per sq ft

+24.5%
This Property
£402/sq ft
Area Average
£323/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£214,213
10% above area average per sq ft
Potential ROI
-21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (IP11)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on IP11 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

Runnacles Way, Felixstowe, IP11
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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
£875
Based on a loan of £181,875 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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