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Lancaster Road, Ipswich

East of England

£190,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
723 sqft

Description

This mid-terraced property presents an excellent opportunity for those looking to invest in a home with potential for enhancement. Featuring three bedrooms, including two spacious doubles and a versatile single room that can serve as an office or nursery, the layout offers flexibility for various living arrangements. The ground floor includes a practical bathroom along with a utility area that could benefit from modernisation. The lounge is equipped with a solid wood front door and double glazing, providing a welcoming entrance. The kitchen showcases white cabinetry paired with marble effect worktops, yet there is room for updating appliances and style. Outside, the fully enclosed rear garden boasts outdoor space ideal for transformation into a personal oasis, while two brick outbuildings offer additional storage or workshop potential. With permit parking available and no onward chain, this property is ready for your vision to bring it up to contemporary standards.

Investment Analysis

(IP4 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£263/sq ft
Area Average
£273/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,157
10% above area average per sq ft
Potential ROI
+1.0%
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
11%
Properties sold annually

Local Market Trend (IP4)

Area prices are rising by +5.0% over the last 12 months
3 year growth: +1.6%
5 year growth: +9.1%
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

Lancaster Road, Ipswich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% 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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