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Ipswich, Suffolk IP3 - Image 1
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Ipswich, Suffolk IP3

East of England

£165,000
Listed on 14/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
636 sqft

Description

This spacious red brick terraced cottage presents a noteworthy opportunity for first-time buyers or investors looking to add value through renovation. Nestled on a quieter side road that is conveniently close to the bustling town centre of Ipswich, this property is being sold with no onward chain, making it an attractive option for those ready to embark on a refurbishment journey. While the home does require modernisation, its inherent charm and character are evident, providing a solid foundation for transformation. The rear gardens, which feature an established tree and a timber storage shed with power, offer potential for landscaping and outdoor improvement projects. Additionally, Ipswich's ongoing gentrification enhances its appeal as a viable investment area, with easy access to amenities and transport links further supporting future value appreciation.

Investment Analysis

(IP3 area)

Below Market Value

This property is priced -1.9% below area average per sq ft

-1.9%
Potential saving
This Property
£259/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£225
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£184,939
10% above area average per sq ft
Potential ROI
-9.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (IP3)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 3.2%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on IP3 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

Ipswich, Suffolk IP3
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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
£604
Based on a loan of £123,750 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