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Grove Hill, Belstead, Ipswich, Suffolk, IP8

East of England

£250,000

Listed on 28/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This semi-detached period residence, a former red brick school house, is positioned in the desirable village of Belstead and comes without a chain for swift acquisition. While the property is in need of modernization, it presents an exciting opportunity for investors or homeowners looking to customize their living space. The generous plot size offers ample outdoor potential, accompanied by plentiful parking, a garage, and outbuildings. Access to local amenities and major routes like the A14 enhances its appeal. Inside, the entrance porch leads to a dining room featuring an inset wood burner and built-in storage. The front-facing sitting room benefits from multiple windows that invite natural light. At the back of the dining area lies a kitchen equipped with essential units and windows on either side, alongside a utility room with access to the garden. The ground floor also includes a bathroom with separate shower facilities and an additional WC for convenience. The upper floor provides access to three bedrooms; the main bedroom at the front boasts built-in storage, while another double room includes side views and built-ins as well. A smaller third bedroom rounds out the sleeping quarters. The outdoor space is expansive, nearing 1/5th of an acre, featuring mature trees and shrubs alongside large lawns. The driveway leads directly to a substantial parking area enhancing functionality. This property not only offers charm but also significant renovation potential to create a modern family home within a sought-after community.

Investment Analysis

(IP8 area)
Area Average
£336/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP8)

Area prices are rising by +4.6% over the last 12 months
3 year growth: -4.9%
5 year growth: +7.1%
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

Grove Hill, Belstead, Ipswich, Suffolk, IP8
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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
£892
Based on a loan of £187,500 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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