Your Ipswich says ..
NO ONWARD CHAIN - An ideal opportunity to secure this double bay semi-detached house in need of updating. The property is located to the North West of Ipswich just off Norwich Road within walking distance to local shops schools and bus service. Arranged over two floors the property comprises encl...
Property Oracle says ..
This three-bedroom semi-detached house located on Mornington Avenue in Ipswich’s Castle Hill presents a mixed opportunity. The property’s location offers convenient access to local amenities including shops, schools (Springfield Infant School and Springfield Junior school being notable examples), and public transport links. The proximity to Ipswich town centre adds further appeal. However, the property’s condition requires considerable renovation. The photographs reveal outdated interiors, including flooring, wall finishes, and kitchen appliances. The garden, although not extensive, provides valuable outdoor space. The asking price of £200,000 needs consideration against the cost of the necessary renovations. While several similar properties in the vicinity are listed around this price point, the absence of precise square footage data from these listings prevents a definitive comparison. This property would primarily be suited to a buyer comfortable with undertaking a substantial refurbishment project, or an investor seeking a potential renovation project with potential to increase property value. The potential return on investment would depend largely on the extent and cost of the renovation work and future market conditions. Further inspection and detailed cost estimates for renovations are strongly recommended before making a purchase decision.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,082.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics YoY
- Area value
- 100 £
- Rental value
- 20 £
- Rental Yield
- 20 %
- Crime Rate
- 47 %
Agent Activity
Your Ipswich created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Springfield Junior School | Academy Converter | 0.43 KM | |
Springfield Infant School And Nursery | Academy Converter | Good | 0.64 KM |
Highfield Nursery School | Local Authority Nursery School | Outstanding | 0.67 KM |
Highfield Children'S Centre | Children's Centre | 0.73 KM | |
Wellington Children'S Centre | Children's Centre | 0.77 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Wesley Way | £ 195,000 | 0 | 0.00 KM |
Norwich Road | £ 0 | 0 | 0.00 KM |
Providence Lane | £ 0 | 0 | 0.00 KM |
Charlton Avenue | £ 315,000 | 0 | 0.00 KM |
Redhill Close | £ 265,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Ipswich | 7217 | IPS | 2.44 KM |
Westerfield | 7226 | WFI | 3.58 KM |
Derby Road (Ipswich) | 7212 | DBR | 5.69 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Mornington Avenue, Ipswich | £ 200,000 | BUY | 6 / 10 | 0.00 KM |
Mornington Avenue, Ipswich, IP1 | £ 250,000 | BUY | 6 / 10 | 0.08 KM |
Norwich Road, Ipswich, Suffolk, IP1 | £ 300,000 | BUY | Unknown | 0.14 KM |
Norwich Road, Ipswich, Suffolk, IP1 | £ 350,000 | BUY | 7 / 10 | 0.15 KM |
Norwich Road, Ipswich, IP1 | £ 365,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
9 Mornington Avenue | £ 150,000 | 0.00 KM |
50 Mornington Avenue | £ 171,000 | 0.00 KM |
16 Mornington Avenue | £ 84,995 | 0.00 KM |
5 Mornington Avenue | £ 255,000 | 0.00 KM |
42 Mornington Avenue | £ 202,000 | 0.00 KM |