Worst House on the Street Logo
Ipswich, Suffolk IP3 - Image 1
Ipswich, Suffolk IP3 - Image 2
Ipswich, Suffolk IP3 - Image 3

Ipswich, Suffolk IP3

East of England

£150,000
Listed on 04/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
636 sqft

Description

This charming red brick terraced cottage presents a solid investment opportunity or an ideal project for first-time buyers seeking to create their dream home. Nestled in a quieter side street just moments from Ipswich's vibrant town centre, this property boasts spacious interiors and ample natural light. Although it is in need of modernisation, the potential for transformation is significant, offering a blank canvas to enhance its character and functionality. The garden space features established trees and includes a timber storage shed, providing room for outdoor improvement or relaxation. With no onward chain, this property is ready for immediate consideration. Ipswich itself is a thriving town on the River Orwell, known for its recent gentrification efforts that have revitalised the waterfront area. It offers an array of shopping, dining, and leisure facilities, alongside reputable schools and excellent transport links to London via mainline rail services. The proximity to major roadways further enhances accessibility to surrounding regions including the picturesque Suffolk Heritage Coast. This location combined with the renovation potential makes this cottage an appealing choice for those looking to invest in a growing community.

Investment Analysis

(IP3 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£236/sq ft
Area Average
£263/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£183,855
10% above area average per sq ft
Potential ROI
-0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (IP3)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -0.6%
5 year growth: +10.5%
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
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates