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Mersey Road, Ipswich

East of England

£265,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
847 sqft

Description

This spacious three-bedroom semi-detached home is situated on a generous corner plot in the sought-after Rivers area of South East Ipswich. With no onward chain, it presents a compelling opportunity for renovation enthusiasts and investors looking to create their ideal family residence. The property boasts a double driveway and an expansive L-shaped garden, providing ample outdoor space. Local amenities, including convenience stores, a post office, and schools such as the 'Good' rated Cliff Lane Primary School, are all within easy reach. Additionally, the picturesque Holywells Park is nearby, offering leisurely walks and recreational facilities. Upon entering the home, you are greeted by a wide hallway featuring useful under-stair storage and a convenient cloakroom. The front-facing living room is equipped with a bay window and fireplace (currently blocked off), allowing for future customization. At the back of the house, you'll find a large kitchen/dining area with several fitted units and access through sliding patio doors to the rear garden. The upper floor comprises two spacious double bedrooms with built-in storage plus a smaller third bedroom which could serve effectively as a home office. The shower room includes essential fixtures such as a shower cubicle, toilet, and wash basin. Externally, the property features gravel landscaping at the front with tree-lined borders, while the West-facing rear garden is primarily concrete but offers scope for enhancement or additional vehicle accommodation via side access gates. Notably, a new roof was installed in 2024. This home is full of potential for those willing to invest time and effort into renovations.

Investment Analysis

(IP3 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£313/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£236
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£242,941
10% above area average per sq ft
Potential ROI
-16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (IP3)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -2.3%
5 year growth: +6.7%
Investment Disclaimer: Analysis based on IP3 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

Mersey 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
£939
Based on a loan of £198,750 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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