Staines Estates says ..
Investment Opportunity: 2-Bed Terraced House in Need of Refurbishment Are you looking for your next renovation project? This 2-bedroom terraced house offers an exciting opportunity for investors to unlock its full potential! Property Highlights: Great Location: Situated...
Property Oracle says ..
This 2-bedroom terraced house in Ipswich, Suffolk, presents itself as a renovation project. Located on Norwich Road in the Westgate area, it benefits from proximity to Ipswich train station and several schools, including Westbridge Academy and St Matthew’s Church of England Primary School, making its location reasonably convenient. However, the property is in considerable need of modernisation. The provided photos show a property with worn flooring, requiring replacement or significant repair, outdated kitchen units, and a generally tired appearance. The bathroom and staircase are also in need of refurbishment. While a small backyard exists, it is unkempt and appears to be rather small. The absence of key details such as the square footage makes a precise analysis challenging, but the price of £160,000 reflects the level of renovation needed, making it potentially viable for buyers looking for a fixer-upper. This is only appropriate for those with sufficient funds and experience to carry out substantial renovations or with investors who have a clear vision of turning the property into a profitable investment opportunity after a significant amount of work. Due to the level of work required and the lack of data, further property inspections are strongly advised before making any financial commitments.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 6
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 222,854.00 £Decreased by 15.77 %
- Average area rental value
- 1,201.00 £/moIncreased by 7.91 %
- Est rental Yield
- 6.47 %Increased by 28.12 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
Staines Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Westbridge Academy | Academy Alternative Provision Converter | Good | 0.24 KM |
| St Matthew'S Church Of England Primary School, Ipswich | Academy Converter | 0.43 KM | |
| West Lodge School | Other Independent Special School | Requires improvement | 0.65 KM |
| Wellington Children'S Centre | Children's Centre | 0.66 KM | |
| Meredith Children'S Centre | Children's Centre | 0.66 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wellington Street | £ 850,000 | 0 | 0.00 KM |
| Mountbatten Court | £ 0 | 0 | 0.00 KM |
| Norwich Road | £ 0 | 0 | 0.00 KM |
| Providence Lane | £ 0 | 0 | 0.00 KM |
| Black Horse Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ipswich | 7217 | IPS | 1.20 KM |
| Westerfield | 7226 | WFI | 3.26 KM |
| Derby Road (Ipswich) | 7212 | DBR | 4.44 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Norwich Road, Ipswich | £ 160,000 | BUY | 5 / 10 | 0.00 KM |
| Granville Street, Ipswich, IP1 | £ 140,000 | BUY | 5 / 10 | 0.06 KM |
| Granville Street, Ipswich, IP1 | £ 150,000 | BUY | 5 / 10 | 0.06 KM |
| Granville Street, Ipswich, Suffolk, IP1 | £ 220,000 | BUY | 6 / 10 | 0.07 KM |
| Norwich Road, Ipswich | £ 240,000 | BUY | 4 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 68 Norwich Road | £ 85,000 | 0.03 KM |
| 86 Norwich Road | £ 48,500 | 0.03 KM |
| 58 Norwich Road | £ 110,000 | 0.03 KM |
| 12 Granville Street | £ 54,000 | 0.07 KM |
| 9 Granville Street | £ 135,000 | 0.07 KM |