1/8
New home
£240,000
2 beds · 1 bath
Mimas Way, Ipswich
0.03 miles
away
Freehold
Added on 16/09/2026 
1/10
1/10
£160,000
Asking price 2 bed flat for sale Mimas Way, Ipswich, Suffolk, IP1
2
beds 1
bath Ground floor flat
Leasehold
Added on 18/09/2026
About this property
Offered to the market with no onward chain, this beautifully presented two-bedroom ground floor apartment is situated within a quiet cul-de-sac location in the sought-after IP1 area. Constructed approximately six years ago, the property offers modern, spacious accommodation throughout and is ideal for first-time buyers, downsizers, or investors alike. Upon entering, you are welcomed by a generous entrance hall providing access to all rooms.
Floorplan
Energy performance
Energy rating band B 82
Current
Potential
92+
A
81-91
B
Current rating: 82 B
Potential rating: 82 B
69-80
C
55-68
D
39-54
E
21-38
F
1-20
G
This home is rated band B, scoring 82 out of 100. The average British home is band D.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
Price guide
This home
£258 / sq ft
Area average (sold)
£268 / sq ft
Price per area, sold homes nearby
£190 / sq ft
£258 / sq ft
£353 / sq ft
Lowest
This home
Highest
£258 per sq ft, below the middle of recent sales in IP1 (£190–£353, 10th–90th percentile, 906 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 906 homes sold in IP1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in IP1 →
Location
Mimas Way, Ipswich, Suffolk, IP1, IP1 5EX
- Council tax
- Band D (Approx £2,342/year)The agent has not stated the band, so band D is shown as the local reference: Babergh's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £160,000
£80k £240k
Deposit10% £16,000
£0 £160k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £144,000 mortgage. Most lenders would want a household income of about £32,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in IP1 5EX. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 3, 31, Mimas Way Flat / maisonette | Flat / maisonette | Mar 2025 | 614 sq ft £261/sq ft | 614 sq ft | £261 | £160,000 |
| Flat 2, 31, Mimas Way Flat / maisonette · new build | Flat / maisonette · new build | Jan 2020 | 614 sq ft £253/sq ft | 614 sq ft | £253 | £155,000 |
| Flat 4, 31, Mimas Way Flat / maisonette · new build | Flat / maisonette · new build | Jan 2020 | 538 sq ft £246/sq ft | 538 sq ft | £246 | £132,500 |
Area insights
The neighbourhood around this property.
Marketed by
Abbotts Sales and Letting Agents Norwich, Ipswich
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