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Elliott Street, Ipswich, Suffolk, IP1

East of England

£140,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
744 sqft

Description

This three-bedroom mid-terrace home is located within a short distance from the vibrant Ipswich Town Centre, providing easy access to the local train station. While the property is in need of modernisation throughout, it presents a valuable opportunity for both first-time buyers and investors looking to enhance their portfolio. The house features a porch leading into a lounge/diner, kitchen, lobby area, and a ground floor bathroom, along with three bedrooms on the upper level. Offered with no onward chain, this property invites creative renovation ideas to fully unlock its potential. Ipswich, as the county town, boasts an array of amenities including schools, hospitals, shops, theatres, and recreational spaces such as the beautiful Orwell Country Park. The recently revitalised waterfront area adds to the appeal with trendy bars and restaurants, plus it's well-connected via mainline rail services directly to London Liverpool Street within approximately 1 hour and 15 minutes.

Investment Analysis

(IP1 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£188/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£211,638
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (IP1)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -4.2%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on IP1 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

Elliott Street, Ipswich, Suffolk, IP1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 over 30 years at 4.06% 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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