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Neptune Square, Ipswich

East of England

£220,000

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Apartment

Description

This two-bedroom first-floor apartment, situated in the sought-after Neptune Square development, offers stunning views of the Marina and presents an excellent opportunity for renovation. The property is accessed through a secure gated entry and includes a communal hall leading to the apartment. Inside, there is a spacious lounge/diner featuring sliding doors that open onto a balcony, perfect for enjoying the waterfront scenery. The kitchen, though functional, would benefit from modern updating alongside both bedrooms and bathrooms that require modernization. Additionally, the master bedroom includes an en-suite shower room and built-in wardrobe. An allocated parking space adds further convenience to this investment prospect. With no chain on this property, it provides a promising canvas to create a contemporary home.

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Investment analysis

(IP4 area)
Area Average
£273/sq ft
Avg Rent (weekly)
£237
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP4)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -1.7%
5 year growth: +1.0%
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

Neptune Square, 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
£831
Based on a loan of £165,000 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.

Stamp duty calculator

Next Steps

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