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Heath Lane, Ipswich

East of England

£250,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

This three-bedroom detached home presents a compelling opportunity for renovation and investment, set in a desirable area of East Ipswich, just a short walk from local amenities including Ipswich Hospital and various schools. The property boasts a generous approx. 125ft rear garden, ripe for landscaping or extension, subject to planning permission. While the interior is rich with original mid-1930s character, it requires extensive modernisation to unlock its full potential. Notably, the electrical system has been recently upgraded with a new fuse board and there is gas central heating throughout, although the boiler's functionality has not been confirmed. Additional features include separate lounge and dining spaces, driveway parking with scope for further development, and brick-built outhouses that could be repurposed. This house is being sold with no chain and offers an exciting blank canvas for those looking to create their dream home or secure a strong investment in a highly sought-after locale.

Investment Analysis

(IP4 area)
Area Average
£272/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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

Heath Lane, 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
£885
Based on a loan of £187,500 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.

Stamp Duty Calculator

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