2 bed flat for sale Norwich Road, Ipswich, IP1

Asking price

£50,000

Reduced on 18/10/2026

For sale by auction

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold; 103 years left(from the agent's description)

Council tax Band A £1,646 a year

* From the agent's description. Check it with them before you rely on it.

Key features

UNSOLD AT AUCTION
15 October 2026
Upon Instruction of Countrywide
EPC Rating - C

About this property

ANNOUNCEMENT: The property is registered as ‘5 Revetts Building, Norwich Road, Ipswich (IP1 2EP).’

Leasehold flat

Location:

The property is located on Norwich Road (A1156). Shopping amenities are available locally within Ipswich Town Centre lying to the south. Public transport links are available at Ipswich Train Station along with a network of local bus services serving the surrounding areas.

Council tax

Band A £1,646 a year

Per year

Band A

This home: £1,646
Band B

£1,920
Band C

£2,194
Band D

£2,468
Band E

£3,017
Band F

£3,565
Band G

£4,114
Band H

£4,937

This home is in band A, which costs £1,646 a year in Ipswich for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Ipswich, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Location

Norwich Road, Ipswich, IP1

Open map Street View

Mortgage and stamp duty

Property price £50,000

£25k £75k

Deposit10% £5,000

£0 £50k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £45,000 mortgage. Most lenders would want a household income of about £10,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 17, 59, Norwich Road Flat / maisonette	Flat / maisonette	Jan 2025	969 sq ft £121/sq ft	969 sq ft	£121	£117,500
Flat 21, 59, Norwich Road Flat / maisonette	Flat / maisonette	Dec 2022	549 sq ft £237/sq ft	549 sq ft	£237	£130,000
Flat 6, 59, Norwich Road Flat / maisonette	Flat / maisonette	Feb 2017	958 sq ft £94/sq ft	958 sq ft	£94	£90,000
Flat 24, 59, Norwich Road Flat / maisonette	Flat / maisonette	Jul 2015	1,206 sq ft £83/sq ft	1,206 sq ft	£83	£99,995
Flat 21, 59, Norwich Road Flat / maisonette	Flat / maisonette	Jan 2015	549 sq ft £155/sq ft	549 sq ft	£155	£85,000
Flat 6, 59, Norwich Road Flat / maisonette	Flat / maisonette	Apr 2014	958 sq ft £90/sq ft	958 sq ft	£90	£86,000
Flat 24, 59, Norwich Road Flat / maisonette	Flat / maisonette	Feb 2014	1,206 sq ft £68/sq ft	1,206 sq ft	£68	£82,000
Flat 16, 59, Norwich Road Flat / maisonette · new build	Flat / maisonette · new build	Apr 2006	861 sq ft £238/sq ft	861 sq ft	£238	£205,000