Take a look inside this terraced home which offers a "first class opportunity" to buyers and is heading to auction.

53 Waterloo Road is just a short distance from Ipswich town centre and located in the Norwich Road area.

Ipswich Star: The sitting room inside 53 Waterloo RoadThe sitting room inside 53 Waterloo Road (Image: Auction House)

The property is listed by Auction House and has a guide price of £130,000 to £150,000.

Inside the home, there are three "well proportioned" bedrooms, a sitting room, dining room, kitchen and bathroom.

Ipswich Star: The property requires modernisation throughoutThe property requires modernisation throughout (Image: Auction House)

According to the Auction House website, the property "requires modernisation throughout but offers a first class opportunity for a developer or investor looking to add to a rental portfolio".

Ipswich Star: A bedroom at the propertyA bedroom at the property (Image: Auction House)

The auction will take place at 11am on May 4.

Ipswich Star: The garden at the Waterloo Road addressThe garden at the Waterloo Road address (Image: Auction House)

Further information about 53 Waterloo Road and a virtual tour of the address can be found here.