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Grinstead Gardens, Needham Market, Ipswich, Suffolk, IP6

East of England

£400,000

Listed on 17/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1577 sqft

Description

Nestled on a spacious corner plot in the sought-after area of Needham Market, this bungalow offers a prime canvas for renovation and modernization. With 1,577 square feet of versatile living space, the property features an inviting principal living room with a fireplace and large windows that allow for ample natural light. The layout includes a dual-aspect dining area or snug with direct access to the rear, alongside a kitchen with wooden cabinets and a functional pantry. A utility room adds practicality to the home. The sleeping arrangements consist of two generous double bedrooms and a smaller single bedroom, which opens into a sizable conservatory that overlooks the tranquil rear garden. This outdoor space, bordered by mature trees and shrubs, presents an ideal setting for expansion or landscaping. Additional amenities include a central shower room, separate cloakroom, and an integrated garage with power supply. The private driveway provides off-street parking while offering excellent potential for further enhancements.

Investment Analysis

(IP6 area)

Below Market Value

This property is priced -19.4% below area average per sq ft

-19.4%
Potential saving
This Property
£254/sq ft
Area Average
£315/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£546,084
10% above area average per sq ft
Potential ROI
+21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (IP6)

Area prices are falling by -6.9% over the last 12 months
3 year growth: -9.9%
5 year growth: +1.1%
Investment Disclaimer: Analysis based on IP6 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

Grinstead Gardens, Needham Market, Ipswich, Suffolk, IP6
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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
£1,511
Based on a loan of £300,000 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.

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