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Chestnut Close, Rushmere St. Andrew, IPSWICH

East of England

£475,000
Listed on 26/02/2026

Property Details

Bedrooms
4
Type
Detached
Area
2008 sqft

Description

This four-bedroom detached residence offers a prime opportunity for renovation enthusiasts or investors looking to enhance a property in a desirable location. With its spacious layout, comprising well-sized bedrooms and two reception rooms, the home provides a versatile foundation for customization to suit modern family living or potential rental income. The absence of a chain simplifies the purchasing process, opening possibilities for swift renovations. Situated at the end of a tranquil close in Rushmere St Andrew, this property benefits from extensive front and rear gardens, a double garage, and off-street parking—features that could be transformed to create an outdoor oasis. Inside, while the property is functional, it presents numerous prospects for upgrades, whether it’s modernizing the kitchen with new appliances or reimagining the dining area into an open-plan space (subject to planning permission). The generous plot size also allows for possible extensions (STPP), making this home not just a project but an investment with growth potential. With proximity to local schools, transport links, and amenities enhancing its appeal, this house invites creative visionaries eager to breathe new life into its spaces.

Investment Analysis

(IP5 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£237/sq ft
Area Average
£327/sq ft
Avg Rent (weekly)
£234
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£721,505
10% above area average per sq ft
Potential ROI
+30.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (IP5)

Area prices are rising by +5.7% over the last 12 months
3 year growth: -0.8%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on IP5 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

Chestnut Close, Rushmere St. Andrew, IPSWICH
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,682
Based on a loan of £356,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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