IP1 3NX - 2 bed central starter home in Ipswich, IP1 3NX

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2 bedroom terraced house for sale in Gymnasium Street, Ipswich, Suffolk, IP1

Summary - 38, Gymnasium Street IP1 3NX

2 bed 1 bath Terraced

Affordable central property ideal for first-time buyers or small-scale investors.
Freehold two-bedroom Victorian mid-terrace, vacant possession
Open-plan lounge/diner with spiral staircase to first floor
Gas central heating, boiler in airing cupboard, UPVC double glazing
Small rear patio garden with side access and shared path
Compact overall size — approx 521 sq ft, small rooms throughout
EPC Band D; solid brick walls likely without wall insulation
Located in town centre; excellent mobile signal and fast broadband
Very deprived area with higher local crime — factor into decision
This compact two-bedroom mid-terrace is a practical entry-level home in Ipswich town centre, offered with vacant possession and freehold tenure. The layout includes a generous open-plan lounge/diner with a spiral staircase, a small fitted kitchen, and a ground-floor bathroom. Gas central heating and UPVC double glazing provide basic comfort while council tax sits in a low Band A.

The property will suit a first-time buyer or investor seeking a central, well-connected location close to shops, public transport and several schools. The rear patio and small garden provide outdoor space, but the plot is modest and best for low-maintenance use. Total floor area is approx 521 sq ft, so expect compact rooms throughout.

There are noticeable limitations: accommodation is small and finishes are basic, so cosmetic updating and a kitchen upgrade would improve comfort and resale value. The building is an older Victorian terrace with assumed solid brick walls and no known modern wall insulation. EPC Band D and an urban setting in a very deprived area with higher local crime figures mean buyers should weigh running costs and area considerations carefully.

In short, this home offers central convenience and an affordable foothold on the property ladder, but requires realistic expectations about space, finish and neighbourhood context. It’s a sensible prospect for buyers seeking a straightforward, low-cost starter home or an investor prepared to modernise.

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