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Little Croft Street, Ipswich, Suffolk, IP2

East of England

£60,000

Listed on 15/05/2026

Property Details

Bedrooms
4
Type
Not Specified

Description

This property presents a valuable development opportunity in the well-established Stoke area of Ipswich. Covering approximately 176.5 sq. m, this freehold plot comes with full planning permission for the construction of a two-bedroom dwelling, as per the granted approval from Ipswich Borough Council dated March 23, 2026 (Planning Ref: IP/25/00800/FUL). The site is currently occupied by garages slated for demolition, which allows for immediate commencement on the project once conditions are met. Situated within a residential neighborhood, it offers potential investors or self-builders an ideal canvas to create a new home that benefits from local amenities including shops, parks, and schools. Its location ensures easy access to Ipswich town centre and key transport links such as the A12 and A14, making it particularly appealing for commuters looking to travel to London and beyond.

Investment Analysis

(IP2 area)
Area Average
£251/sq ft
Avg Rent (weekly)
£210
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £65,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (IP2)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -9.7%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on IP2 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

Little Croft Street, Ipswich, Suffolk, IP2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£214
Based on a loan of £45,000 over 30 years at 3.97% 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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