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Philip Road, Ipswich

East of England

£270,000
Listed on 16/02/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced home offers a solid foundation for those looking to invest in a property with renovation potential. The property is already equipped with planning permission for a one-bedroom single-storey annexe, providing an exciting opportunity for expansion or rental income. Inside, the house features a lounge and separate dining room, ideal for family living, as well as a kitchen/breakfast room that can be modernized to suit your taste. The utility room adds convenience and functionality to the layout. The rear garden boasts two distinct areas, including a courtyard and additional space perfect for enhancement, whether that be through landscaping or the addition of outdoor entertainment features. Conveniently located near the train station and town centre, this home is also equipped with solar panels, promoting energy efficiency. Although the current vendor has maintained the property well, elements like flooring and bathroom fixtures could benefit from updating. With some investment and creativity, this home can become not only a personal haven but also an asset in a desirable part of Ipswich.

Investment Analysis

(IP2 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£219
Avg Yield
5.1%

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
25
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (IP2)

Area prices are stable by -0.8% over the last 12 months
3 year growth: -7.4%
5 year growth: +11.5%
Investment Disclaimer: Analysis based on IP2 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

Philip Road, Ipswich
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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
£974
Based on a loan of £202,500 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.

Price History

-3.6% since listed
£270,000£10,000(-3.6%)
22/03/2026
Current price
£280,000Initial listing
18/02/2026

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