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
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Metrics Year-on-Year
- Average area value
- 417,115.00 £Increased by 15.53 %
- Average area rental value
- 1,184.00 £/moIncreased by 3.59 %
- Est rental Yield
- 3.41 %Decreased by 10.26 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Goldings marked this listing as sold.
Goldings created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kesgrave Children'S Centre | Children's Centre | 0.29 KM | |
| Heath Primary School, Kesgrave | Community School | Good | 0.30 KM |
| Kesgrave High School | Academy Converter | Good | 1.12 KM |
| Cedarwood Primary School | Community School | Good | 1.33 KM |
| Bealings School | Community School | Outstanding | 2.85 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Doctor Watsons Lane | £ 1,195,000 | 0 | 0.00 KM |
| Bodmin Close | £ 0 | 0 | 0.00 KM |
| Beech Gardens | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Derby Road (Ipswich) | 7212 | DBR | 5.94 KM |
| Westerfield | 7226 | WFI | 7.71 KM |
| Woodbridge | 7228 | WDB | 9.65 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Doctor Watsons Lane, Kesgrave, IP5 1BS | £ 1,100,000 | BUY | 7 / 10 | 0.16 KM |
| Quebec Drive, Kesgrave, Ipswich, Suffolk, IP5 | £ 500,000 | BUY | 8 / 10 | 0.16 KM |
| Mackenzie Drive, Kesgrave, Ipswich | £ 270,000 | BUY | 7 / 10 | 0.18 KM |
| Quebec Drive, Kesgrave, Ipswich | £ 425,000 | BUY | 7 / 10 | 0.20 KM |
| Church Close, Kesgrave | £ 395,000 | BUY | 7 / 10 | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 102 Main Road | £ 200,000 | 0.01 KM |
| 10 Church Close | £ 299,995 | 0.21 KM |
| 8 Church Close | £ 210,500 | 0.21 KM |
| 112 Main Road | £ 350,000 | 0.22 KM |
| 11 Mackenzie Drive | £ 75,000 | 0.27 KM |