Margate Road, IPSWICH
East of England
£200,000Guide Price
Listed on 21/10/2026
Listed on 21/10/2026
The listing
Property details
Bedrooms
3Type
DetachedArea
1048 sqftFeatures
- Garden
- Parking
Description
Offered at auction on 17 November 2026, this three-bedroom detached house in the IP3 area is described as requiring modernisation. The accommodation includes an entrance hall, an extended living and dining room with a feature fireplace, a kitchen and a utility area formed from the former garage. Upstairs are three bedrooms and a family bathroom. Outside, the property has a driveway providing off-road parking and an enclosed rear garden. The house is freehold, with an EPC rating of D and Council Tax Band D. Buyers should verify the condition, measurements, services and any consent requirements independently.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
75out of 100
Grade BGood opportunity
Confidence: MEDIUM
This detached three-bedroom house is a good-value canvas: the £200,000 asking price works out at £191/sq ft, around 27% below the local average. The photographed kitchen, living room and bedroom have dated finishes, while the established rear garden would benefit from a tidy-up; the visible rooms appear usable, and the front exterior looks generally intact. The £15,000–£30,000 renovation range gives a sense of the project scale, with scope to modernise and make the home your own.
The driveway, enclosed garden and converted former garage, now a utility area, add flexibility. The asking price plus the renovation midpoint is £222,500, compared with an implied current local-average value of £275,100; that is a comparison with the local average, not a forecast of renovated value, and excludes stamp duty and fees. This is an auction listing, so bidding can take the hammer above the guide and the eventual price may not stay this cheap.
Key opportunities
- Modernise the dated kitchen and refresh the photographed living room and bedroom finishes.
- Improve the established rear garden while retaining its planting, paving and raised sections.
- Make use of the driveway and converted former garage/utility area as part of a more tailored family-home layout.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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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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