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Offton, Ipswich, Suffolk, IP8

East of England

£750,000
Listed on 07/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
5002 sqft

Description

This substantial village home, Prospect House, offers a unique opportunity for renovation and personalization, set within approximately 1.5 acres of gardens and outbuildings. Dating back to the 18th century with later Victorian enhancements, this Grade II listed residence boasts significant architectural history and charm. The property features classic Georgian timber-framed windows and traditional clay tile exterior, giving it a distinguished appearance in its tranquil setting. Inside, original period details abound, including spacious rooms enhanced by large windows, exposed beams, and authentic chimneypieces. The layout is adaptable, starting from the light-filled central hallway that links to various reception areas including an elegant drawing room with an open fireplace and a bright sitting room featuring a wood-burning stove. An orangery connects seamlessly to the garden through French doors, adding further potential for indoor-outdoor living. The expansive kitchen/breakfast room includes an Aga and ample cabinetry while adjoining utility space streamlines daily chores. A versatile family/games room on the ground floor could serve multiple needs with direct access to the front of the house and stairs leading up to additional flexible rooms for guests or workspace—ideal for multi-generational living. On the first floor are two larger bedrooms along with smaller rooms that can provide extra storage or be converted as needed. The second floor houses two more generous bedrooms. Outside lies a delightful expanse of south-facing gardens featuring mature borders, a kitchen garden, orchard area, greenhouse, and significant outbuilding previously serving as stables but now utilized as a workshop. With footpaths easily accessible from the enclosed field at the rear, as well as ample parking and garage space at the front of the property, Prospect House is positioned conveniently close to local amenities in Offton while maintaining privacy amongst stunning countryside views. This restoration-ready home presents an exciting chance for investors or those seeking to create their dream residence in a charming village.

Investment Analysis

(IP8 area)

Below Market Value

This property is priced -54.9% below area average per sq ft

-54.9%
Potential saving
This Property
£150/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,827,556
10% above area average per sq ft
Potential ROI
+103.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP8)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -2.9%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on IP8 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

Offton, Ipswich, Suffolk, IP8
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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
£2,656
Based on a loan of £562,500 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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