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Capel St. Mary, Ipswich, Suffolk, IP9

East of England

£565,000

Listed on 18/03/2026

Property Details

Bedrooms
5
Type
Detached
Area
2285 sqft

Description

This Victorian cottage, formerly a mill, offers substantial renovation potential on a generous plot of approximately 0.44 acres with south-facing gardens providing appealing countryside views. With an extension dating back to the 1940s, the property showcases traditional brick and rendered facades under a slate roof, encompassing around 2,285 sq ft of living space spread over two floors. Inside, you'll find a welcoming entrance hall leading to four reception rooms, a kitchen, utility room, and shower room/lobby featuring underfloor heating. The first floor accommodates five bedrooms and a bathroom, accessible via two staircases. The property benefits from double glazing and central heating throughout; the sitting room includes an open fire for added charm. Externally, the hardstanding driveway grants right of way access for Mill Cottage but lacks off-street parking; responsibility for creating parking within the grounds will fall to the new owner within six months post-purchase. The extensive gardens are primarily lawned with mature trees, complemented by a raised decked area with a pergola and bordered by a stream on one side that backs onto open countryside. Situated in Capel St Mary village, this location offers essential amenities such as a primary school and local shops while being well-connected to major transport routes like the A12 for convenient access to Ipswich and London. Notably close to Dedham Vale's stunning landscapes and good schools in both state and private sectors make this property suitable for families as well as investors seeking opportunities for enhancement.

Investment Analysis

(IP9 area)

Below Market Value

This property is priced -25.8% below area average per sq ft

-25.8%
Potential saving
This Property
£247/sq ft
Area Average
£333/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£837,624
10% above area average per sq ft
Potential ROI
+29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP9)

Area prices are falling by -5.7% over the last 12 months
3 year growth: -9.2%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on IP9 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

Capel St. Mary, Ipswich, Suffolk, IP9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,135
Based on a loan of £423,750 over 30 years at 4.45% 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

Price History

-9.6% since listed
£565,000£60,000(-9.6%)
13/04/2026
Current price
£625,000Initial listing
18/03/2026

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