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Helmingham Road, Otley, Ipswich, Suffolk IP6 - Image 1
Helmingham Road, Otley, Ipswich, Suffolk IP6 - Image 2
Helmingham Road, Otley, Ipswich, Suffolk IP6 - Image 3

Helmingham Road, Otley, Ipswich, Suffolk IP6

East of England

£500,000
Listed on 14/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1711 sqft

Description

'Wood Farm' presents an exciting opportunity for renovation and investment within the picturesque village of Otley. This four-bedroom detached farmhouse is positioned on a spacious plot exceeding 0.4 acres, providing ample scope for expansion or development, subject to planning permissions. The property features a versatile ground floor salon with an en-suite cloakroom, ideal for conversion into a home office, additional guest accommodation, or even a small business setup. The living spaces retain classic farmhouse elements including exposed brickwork and beams, original wood flooring, and inviting inglenook fireplaces. The kitchen is designed with modern fittings but could benefit from personalization to enhance its appeal further. Outside, the large gravel driveway accommodates multiple vehicles and leads to a private garden complete with established hedgerows, a summerhouse, greenhouse, treehouse, and generous lawn space for potential landscaping upgrades. This property combines rural charm with abundant refurbishment prospects in a community-focused village.

Investment Analysis

(IP6 area)

Below Market Value

This property is priced -7.0% below area average per sq ft

-7.0%
Potential saving
This Property
£292/sq ft
Area Average
£314/sq ft
Avg Rent (weekly)
£340
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£591,168
10% above area average per sq ft
Potential ROI
+0.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (IP6)

Area prices are rising by +2.8% over the last 12 months
3 year growth: -7.3%
5 year growth: 9.8%
Investment Disclaimer: Analysis based on IP6 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

Helmingham Road, Otley, Ipswich, Suffolk IP6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE