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Grove Hill, Belstead, Ipswich, Suffolk IP8

East of England

£250,000

Listed on 09/06/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This charming semi-detached period home, steeped in history as a former red brick school house, presents an exciting opportunity for renovation and modernization. Located in the desirable village of Belstead, this property is being offered without onward chain, making it a perfect canvas for buyers looking to invest in a project. The generous plot, nearing 1/5th of an acre, provides ample outdoor space alongside substantial parking and outbuildings, which could be reimagined for various uses. Inside, the layout features an inviting entrance porch leading to a dining room equipped with built-in storage and an inset wood burner, setting the tone for cozy gatherings. The adjacent sitting room benefits from dual aspect windows that invite natural light. The kitchen is functional but in need of updating; it offers a solid foundation with base units and worktops while connecting to a utility room that opens directly into the garden. The ground floor includes a bathroom with both a bath and separate shower as well as a separate WC for added convenience. The first floor hosts three bedrooms, each presenting unique potential—for example, the main bedroom includes built-in storage and two additional rooms can be tailored to suit personal needs. The exterior boasts mature trees and shrubs that enhance the garden’s charm while offering scope for landscaping or further development. With easy access to the A14 and Ipswich nearby, this property combines rural tranquility with practical commuting options.

Investment Analysis

(IP8 area)
Area Average
£334/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Grove Hill, Belstead, 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
£944
Based on a loan of £187,500 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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