112 Main Road, Kesgrave, Ipswich, Suffolk, IP5 1BL
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112 Main Road, Kesgrave, Ipswich, Suffolk, IP5 1BL

By Goldings

£ 300,000

Reviews

2 out of 5 stars

Goldings says ..

For sale by auction on Wednesday 25 September 2024 at Live Broadcast Auction 1/2 acre plot in stunning location... opportunity for re-development (STP)

Property Oracle says ..

This property at 112 Main Road, Kesgrave, is a three-bedroom detached bungalow presented for sale by auction. Its most striking feature is the significant size of its land, with the listing mentioning a potential half-acre plot. This offers substantial scope for redevelopment or extensive landscaping, though currently the plot is heavily overgrown with vegetation.

The property itself appears to be in a state of disrepair. Photographs reveal significant overgrowth, a neglected exterior, and a generally unmaintained appearance. Significant renovation and repair work would be necessary to bring it up to a habitable standard, including addressing potential structural issues. The property’s proximity to Main Road could be both an advantage (accessibility) and disadvantage (noise and traffic) depending on buyer preferences.

Kesgrave’s reputation for good schooling and its proximity to Ipswich are positive aspects of the location. The presence of several schools within walking or cycling distance is beneficial for families. The auction format of the sale adds an element of risk and uncertainty to the purchase process but also potential for a bargain, provided the buyer accurately assesses the renovation costs. Overall, this is a unique opportunity for a buyer willing to undertake a substantial renovation project on a property with a significant land plot in a desirable location. The considerable renovation costs, however, need careful consideration before bidding.

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
3
Location
6
Land
7
Bedrooms
3
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
417,115.00 £
Increased by 15.53 %
from 361,047.00 £
Average area rental value
1,184.00 £/mo
Increased by 3.59 %
from 1,143.00 £/mo
Est rental Yield
3.41 %
Decreased by 10.26 %
from 3.80 %
Crime Rate
12.00 %
Unchanged by 0.00 %
from 12.00 %

Agent Activity

  • Goldings marked this listing as sold.

  • Goldings created the listing.

Nearby Schools

NameTypeOfstedDistance
Kesgrave Children'S CentreChildren's Centre0.29 KM
Heath Primary School, KesgraveCommunity SchoolGood0.30 KM
Kesgrave High SchoolAcademy ConverterGood1.12 KM
Cedarwood Primary SchoolCommunity SchoolGood1.33 KM
Bealings SchoolCommunity SchoolOutstanding2.85 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Doctor Watsons Lane £ 1,195,00000.00 KM
Bodmin Close £ 000.00 KM
Beech Gardens £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby Road (Ipswich)7212DBR5.94 KM
Westerfield7226WFI7.71 KM
Woodbridge7228WDB9.65 KM

Nearby Listings

AddressPriceTypeScoreDistance
Doctor Watsons Lane, Kesgrave, IP5 1BS £ 1,100,000BUY7 / 100.16 KM
Quebec Drive, Kesgrave, Ipswich, Suffolk, IP5 £ 500,000BUY8 / 100.16 KM
Mackenzie Drive, Kesgrave, Ipswich £ 270,000BUY7 / 100.18 KM
Quebec Drive, Kesgrave, Ipswich £ 425,000BUY7 / 100.20 KM
Church Close, Kesgrave £ 395,000BUY7 / 100.21 KM

Nearby Properties

AddressPriceDistance
102 Main Road £ 200,0000.01 KM
10 Church Close £ 299,9950.21 KM
8 Church Close £ 210,5000.21 KM
112 Main Road £ 350,0000.22 KM
11 Mackenzie Drive £ 75,0000.27 KM