18 Postmill Close, Ipswich IP4 2RF - Image 1

18 Postmill Close, Ipswich IP4 2RF - Image 2

18 Postmill Close, Ipswich IP4 2RF - Image 3

18 Postmill Close, Ipswich IP4 2RF - Image 4

18 Postmill Close, Ipswich IP4 2RF

East of England

£92,000

Listed on 23/06/2026

Property Details

Bedrooms

Type

Ground Flat

Area

633 sqft

Description

This two-bedroom ground floor flat presents a significant opportunity for refurbishment in the desirable IP4 area, located conveniently within walking distance to Ipswich town centre. The property includes a spacious lounge, kitchen, two generously sized double bedrooms, and a bathroom, all of which are in need of complete renovation. This is an excellent chance for investors or home seekers to transform the space according to personal preferences and modern standards, making it an ideal candidate for a thoughtful renovation project.

Investment Analysis

(IP4 area)

Below Market Value

This property is priced -46.8% below area average per sq ft

-46.8%

Potential saving

This Property

£145/sq ft

Area Average

£273/sq ft

Avg Rent (weekly)

£231

Avg Yield

4.4%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£30,000 - £45,000

Target Value

£190,125

10% above area average per sq ft

Potential ROI

+38.8%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

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

18 Postmill Close, Ipswich IP4 2RF

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£348

Based on a loan of £69,000 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.