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Chestnut Close, Rushmere St. Andrew, IPSWICH

East of England

£475,000
Listed on 01/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2008 sqft

Description

This four-bedroom detached house offers a significant opportunity for renovation and investment. With its spacious layout and desirable location at the end of a quiet close in Rushmere St Andrew, the property features generously sized bedrooms, two reception rooms, and a downstairs cloakroom. The external spaces include sizeable front and rear gardens, a double garage, and plenty of off-street parking. Inside, the home presents an excellent canvas for reconfiguration. The lounge boasts ample natural light through its bay window while the dining room's sliding doors provide convenient access to the garden, making it an ideal area to consider opening up to create a contemporary open-plan living space (subject to planning permission). The kitchen is functional but could benefit from modernisation; it features wooden units and worktops alongside necessary appliances. Upstairs, the master bedroom comes with fitted wardrobes and additional bedrooms provide flexibility for family living or rental potential. Outside, the south-facing corner plot offers ample room for extensions or improvements (subject to planning), while the extensive garden invites landscaping creativity. With good local amenities, transport links, and schools nearby, this property represents an exciting chance for investors or families looking to create their ideal home.

Investment Analysis

(IP5 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£237/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£726,143
10% above area average per sq ft
Potential ROI
+33.2%
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
18%
Properties sold annually

Local Market Trend (IP5)

Area prices are rising by +9.4% over the last 12 months
3 year growth: +1.1%
5 year growth: +18.3%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 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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