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Offton, Ipswich, Suffolk IP8

East of England

£750,000

Listed on 28/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
5002 sqft

Description

This notable village residence, nestled on approximately 1.5 acres, offers considerable potential for those looking to invest in a substantial family home. Prospect House, an 18th-century property with later modifications and Grade II listing, presents an ideal canvas for modernization while maintaining its historical charm. The house boasts traditional Georgian features such as timber-framed windows and clay tile exteriors, along with various period details inside, including spacious rooms, exposed beams, and original fireplaces. The layout is functional and adaptable; the ground floor comprises multiple reception areas including a grand drawing room with an inviting open fireplace, a light-filled sitting room connecting to an orangery, and a practical kitchen/breakfast room equipped with an Aga. Additionally, a family/games room enhances the living space further and could serve alternative uses thanks to its separate entrance. Upstairs, the property offers two double bedrooms and ample potential in smaller rooms that can be transformed into storage or additional living spaces. The gardens are expansive and private, featuring diverse landscaping from mature borders to a kitchen garden and former stable block that now functions as a workshop. With appropriate renovations, this property could not only become a stunning family home but also potentially offer sub-letting or workspace options given its multi-functional layout. The location strikes a balance between seclusion and accessibility, situated near Offton village yet close to Ipswich’s amenities and transport links. This property's refurbishment holds substantial promise for investors or individuals seeking their dream home.

Investment Analysis

(IP8 area)

Below Market Value

This property is priced -55.1% below area average per sq ft

-55.1%
Potential saving
This Property
£150/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,837,735
10% above area average per sq ft
Potential ROI
+104.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (IP8)

Area prices are rising by +8.9% over the last 12 months
3 year growth: 0.0%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on IP8 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

Offton, Ipswich, Suffolk IP8
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,833
Based on a loan of £562,500 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.

Stamp Duty Calculator

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