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Elliott Street, Ipswich, Suffolk IP1 - Image 1
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Elliott Street, Ipswich, Suffolk IP1

East of England

£140,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
744 sqft

Description

This three-bedroom mid-terrace house is conveniently located just a short distance from Ipswich Town Centre and benefits from easy access to the train station. The property is in need of modernisation, making it an attractive prospect for first-time buyers or investors looking to enhance its value. Offered with no onward chain, potential buyers have the opportunity to transform this space into a desirable home or rental investment. The layout includes a porch, spacious lounge/diner, kitchen, lobby, ground floor bathroom, and three bedrooms on the upper level. With local amenities such as schools, shopping facilities, and recreational areas nearby, along with the vibrant waterfront evolving with new bars and restaurants, this location presents promising investment potential in an evolving community.

Investment Analysis

(IP1 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£188/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£224
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£211,638
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (IP1)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -4.2%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on IP1 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

Elliott Street, Ipswich, Suffolk IP1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 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.

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