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Colchester Road, Ipswich

East of England

£340,000
Listed on 04/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1087 sqft

Description

This three-bedroom semi-detached home in Ipswich presents a substantial investment opportunity, particularly due to its generous wrap-around plot and flexible living spaces. The property offers ample light throughout, with a flowing layout that connects the bay-fronted living room to the dining area and out into the garden. With some renovations, this space can be transformed into a modern family haven while retaining its practical charm. The potential for extension (subject to planning permission) further enhances its appeal for those looking to grow or customize it over time. Colchester Road provides a convenient suburban setting with easy access to local amenities and transport links, making it an ideal location for families. Nearby green spaces add a pleasant touch to the environment, balancing the bustling nature of its arterial route. Inside, the entrance hall welcomes you into an airy atmosphere leading into the various communal areas. A notable feature is the fireplace in the living room, which adds character and warmth. While the kitchen is functional with existing fittings, it also allows for updates or reconfigurations to suit personal tastes. The upstairs layout includes three versatile bedrooms that can cater to different needs, whether as children's rooms, guest accommodations, or home office spaces. The family bathroom features a traditional three-piece suite but could benefit from modern touches. One of the standout elements of this property is its wrap-around garden—ideal for outdoor activities and entertaining—that can easily be designed into a more contemporary outdoor space. Additionally, off-road parking is available thanks to a paved driveway leading to a garage that offers extra storage or workshop potential. Overall, this property stands as a solid foundation for anyone looking to invest in real estate with great potential for personalization and expansion.

Investment Analysis

(IP4 area)

Above Market Value

This property is priced +14.9% above area average per sq ft

+14.9%
This Property
£313/sq ft
Area Average
£272/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£325,589
10% above area average per sq ft
Potential ROI
-14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (IP4)

Area prices are rising by +7.4% over the last 12 months
3 year growth: +0.4%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on IP4 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

Colchester Road, 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
£1,204
Based on a loan of £255,000 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.

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