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Harkstead, Ipswich, Suffolk, IP9

East of England

£425,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Detached
Area
1179 sqft

Description

This Victorian property, Lower Farm, is located on a desirable plot of 0.3 acres just outside the peaceful village of Harkstead, nestled within the Shotley Peninsula. Built in the mid-1800s, this home showcases impressive high ceilings and spacious rooms typical of its era. The layout includes a sitting room, dining room, kitchen, and bathroom on the ground floor, with three generously sized double bedrooms upstairs. While the property currently requires extensive renovation work, it presents a significant opportunity for investors or buyers looking to restore a classic home in a picturesque rural setting. Additionally, an adjacent 1.1-acre field may be available for purchase through separate negotiation. The local area boasts community amenities such as a public house and village hall while providing convenient access to schools, shops, and public transport links to Ipswich and Manningtree's railway stations.

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Investment analysis

(IP9 area)

Above Market Value

This property is priced +10.2% above area average per sq ft

+10.2%
This Property
£360/sq ft
Area Average
£327/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£424,086
10% above area average per sq ft
Potential ROI
-19.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (IP9)

Area prices are falling by -12.0% over the last 12 months
3 year growth: -12.6%
5 year growth: +1.4%
Investment Disclaimer: Analysis based on IP9 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

Harkstead, Ipswich, Suffolk, IP9
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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
£1,606
Based on a loan of £318,750 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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