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Rushmere St Andrew, Ipswich

East of England

£115,000Guide Price

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
718 sqft

Description

This two-bedroom mid-terrace bungalow presents a notable opportunity for those looking to invest in a property with significant renovation potential. Built around 1956, the home features an entrance porch leading into a sitting room, a kitchen/breakfast room, and a family wet room. With two generous bedrooms and additional storage space, the layout is functional but requires comprehensive refurbishment to bring it up to modern standards. Enclosed gardens to both the front and rear offer ample outdoor space, while off-road parking adds convenience. Situated in the semi-rural area of Rushmere St Andrew, this property benefits from its location close to Ipswich and surrounding recreational areas such as footpaths and Rushmere Golf Club. The property is being offered at auction on July 29, 2026, providing an exciting chance for buyers willing to take on a project that they can tailor to their specifications.

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Investment analysis

(IP5 area)

Below Market Value

This property is priced -51.4% below area average per sq ft

-51.4%
Potential saving
This Property
£160/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£260,397
10% above area average per sq ft
Potential ROI
+57.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP5)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +1.7%
5 year growth: +11.2%
Investment Disclaimer: Analysis based on IP5 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

Rushmere St Andrew, 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
£434
Based on a loan of £86,250 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

Next Steps

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