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Margate Road, Ipswich, Suffolk, IP3 - Image 1
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Margate Road, Ipswich, Suffolk, IP3

East of England

£200,000

Listed on 14/10/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
1048 sqft

Description

This three-bedroom detached house in the sought-after IP3 area of Ipswich presents a promising refurbishment opportunity for buyers looking to add value. The property, requiring modernisation throughout, features a well-proportioned layout that includes an entrance hall, a spacious living/dining room with a feature fireplace, a kitchen, and a utility area. Upstairs, you will find three bedrooms and a family bathroom, providing ample accommodation for families or investors alike. Externally, the property boasts a generous driveway offering plenty of off-road parking and an enclosed rear garden that holds great potential for landscaping and creating an attractive outdoor space. This home offers the chance to modernise and personalise according to individual tastes, making it an exciting project for developers, investors, or owner-occupiers. With its location in an established residential area, this property is an excellent canvas for those looking to create their ideal living space.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

69out of 100
Grade CPotential opportunity

Confidence: MEDIUM

This three-bedroom detached house in the popular IP3 area of Ipswich presents a compelling opportunity for buyers looking to invest in a refurbishment project. With an asking price of £200,000, which is an attractive £191/sqf compared to the local average of £263/sqf, this property offers significant potential for value creation. The visible wear and dated features throughout the home provide a blank canvas for modernisation, allowing you to tailor the space to your own tastes.

The property features a spacious living/dining room, a kitchen with older cabinetry, and a family-friendly layout with three bedrooms and a family bathroom. Externally, the good-sized driveway and enclosed rear garden offer further scope for enhancement, making it ideal for those looking to landscape and create an appealing outdoor space. With renovations estimated between £40,000 and £80,000, this project can lead to a well-placed home in a desirable area, appealing to both investors and owner-occupiers alike.

Key opportunities

  • Exceptional pricing at £191/sqf offers room for profit post-renovation.
  • Dated interiors provide a blank canvas for modernisation and personalisation.
  • Good-sized driveway and enclosed garden open up landscaping potential.

Key risks

  • Visible wear and outdated features throughout may require significant updates.
  • Kitchen features older cabinetry and appliances that will need replacement.
  • Medium renovation scale could require a budget of £40,000 to £80,000.

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Map

Location

Margate Road, Ipswich, Suffolk, IP3
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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