2 Bed Flat, Single Let, Ipswich, IP3 0BU, £170,000

Anchor Street, IPSWICH, IP3 0BU - 1 views - 3 years ago

Leasehold
BTL
ROI: 3%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£107.5K - £322.5K
Sold Prices/m²£1.5K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£152,321

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£800 - £4,000

Rent Estimate

£825

Running Costs/mo

£716

Cashflow/mo

£109

Cashflow/yr

£1,305

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £107.5K to £322.5K, average is £134.5K. £1.5K/m² to £4.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£140K11/210.13 mi239, Duke Street, Ipswich, Suffolk IP3 0BX2
£130K10/220.15 mi36, Hope Court, Ipswich, Suffolk IP3 0DX2
£138.5K10/220.15 mi19, Hope Court, Ipswich, Suffolk IP3 0DW2
£151.5K12/200.16 mi53, Pownall Road, Ipswich, Suffolk IP3 0DN2
£140K12/220.16 mi32, Siloam Place, Ipswich, Suffolk IP3 0FB2
£119K10/200.16 mi22, Siloam Place, Ipswich, Suffolk IP3 0FB2
£147K10/220.16 mi106, Siloam Place, Ipswich, Suffolk IP3 0FF2
£136K04/230.16 mi92, Siloam Place, Ipswich, Suffolk IP3 0FF2
£125.5K05/210.16 mi42, Siloam Place, Ipswich, Suffolk IP3 0FB2
£114K01/230.18 mi59, Siloam Place, Ipswich, Suffolk IP3 0FD2
£125K06/210.19 mi6, Isham Place, Ipswich, Suffolk IP3 0DZ2
£130K02/230.19 mi21, Isham Place, Ipswich, Suffolk IP3 0DY2
£110K06/210.19 mi1, Isham Place, Ipswich, Suffolk IP3 0DY2
£134K02/230.19 mi5, Isham Place, Ipswich, Suffolk IP3 0DY2
£120K04/210.2 mi56, Pownall Road, Ipswich, Suffolk IP3 0DR2
£128K07/210.2 mi64, Pownall Road, Ipswich, Suffolk IP3 0DR2
£130K11/200.2 mi48, Pownall Road, Ipswich, Suffolk IP3 0DR2
£128K07/210.2 mi64, Pownall Road, Ipswich, Suffolk IP3 0DR2
£135K05/230.2 mi46, Pownall Road, Ipswich, Suffolk IP3 0DR2
£135K04/230.21 mi58, Fore Hamlet, Ipswich, Suffolk IP3 8BD2
£118K06/210.21 mi32, Fore Hamlet, Ipswich, Suffolk IP3 8BD2
£133K09/220.21 mi93, Pownall Road, Ipswich, Suffolk IP3 0DA2
£322.5K06/230.28 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£315K07/230.28 mi39, Neptune Square, Ipswich, Suffolk IP4 1QH2
£290K02/210.28 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£167K01/210.28 mi10, Neptune Square, Ipswich, Suffolk IP4 1QH2
£255K06/210.28 mi48, Neptune Square, Ipswich, Suffolk IP4 1QH2
£320K04/210.3 mi155, Stoke Quay, Ipswich, Suffolk IP2 8SN2
£108K11/210.45 mi88, Vernon Street, Ipswich, Suffolk IP2 8JB2
£137.5K04/230.5 mi31, Seymour Road, Ipswich, Suffolk IP2 8EN2
£135K11/210.5 mi6, Bruff Road, Ipswich, Suffolk IP2 8GY2
£110K10/210.52 mi25, Sinclair Drive, Ipswich, Suffolk IP2 8HZ2
£142K02/230.57 mi50, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£110K12/200.59 mi88, Bruff Road, Ipswich, Suffolk IP2 8GX2
£128K12/220.59 mi102, Bruff Road, Ipswich, Suffolk IP2 8GX2
£115K08/210.61 mi18, Silk Street, Ipswich, Suffolk IP4 2PA2
£153.5K12/220.61 mi43, Bruff Road, Ipswich, Suffolk IP2 8GS2
£134K10/220.62 mi16, Silk Street, Ipswich, Suffolk IP4 2PA2
£180K05/210.69 mi12, Fuchsia Lane, Ipswich, Suffolk IP4 1QB2
£150K02/210.7 mi72, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£162.5K04/210.7 mi58, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£170K06/210.7 mi54, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£122.5K03/210.7 mi92, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£155K07/230.71 mi183d, Foxhall Road, Ipswich, Suffolk IP3 8LB2
£161K09/210.72 mi15, St Nicholas Court, Ipswich, Suffolk IP1 1TG2
£120K01/230.72 miFlat B, Chilton Court, Belstead Avenue, Ipswich, Suffolk IP2 8NS2
£123.5K04/210.74 mi32, Maidenhall Approach, Ipswich, Suffolk IP2 8NX2
£135K03/230.8 mi125, Cemetery Road, Ipswich, Suffolk IP4 2HZ2
£120K07/210.85 mi42, Postmill Close, Ipswich, Suffolk IP4 2RF2
£107.5K06/210.85 mi30, Postmill Close, Ipswich, Suffolk IP4 2RF2

Local Rents

53 rents from £800/mo to £4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25012/240 mi-2
£95001/240.02 miAnchor Street, Ipswich2
£1,20012/240.02 mi-2
£1,20012/240.02 mi-2
£1,10005/240.03 miAnchor Street, Ipswich2
£1,10012/240.03 mi-2
£1,15001/240.03 miAnchor Street, Ipswich, Suffolk, IP32
£99504/240.03 mi1 Anchor Street, Orwell Quay, Ipswich, IP32
£85012/240.04 mi-2
£1,10005/240.05 miPatteson Road, Ipswich2
£1,10005/240.05 miPatteson Road, IPSWICH2
£87501/240.13 miTye Road, Ipswich, Suffolk, IP32
£87506/240.15 miHope Court, Modus2
£95004/240.15 miSiloam Place, Modus Development, Ipswich, Suffolk, IP32
£85005/240.19 miIsham Place, Ipswich, Suffolk, IP32
£89512/240.19 mi-2
£88505/240.19 miIsham Place, Ipswich2
£99504/240.21 miNeptune Marina, Ipswich, IP32
£1,10004/240.21 miNeptune Marina, 1 Coprolite Street, Ipswich, Suffolk, IP32
£85001/240.21 miPownall Road, Ipswich, Suffolk, IP32
£1,05005/240.21 miCoprolite Street, Ipswich2
£97505/240.21 miCoprolite Street, Ipswich2
£1,20010/240.21 mi-2
£1,20010/240.21 mi-2
£95012/240.21 mi-2
£80012/240.23 miFore Hamlet, Ipswich2
£82501/240.26 miFore Hamlet, Ipswich2
£1,15001/240.28 miNeptune Square, Ipswich, IP42
£1,20007/240.28 miNeptune Square, Ipswich, IP42
£95008/240.28 miNeptune Square, Ipswich, IP42
£1,20001/240.28 miNeptune Square, Ipswich, Suffolk, IP42
£1,32504/240.28 miNeptune Square, Ipswich2
£1,20007/240.28 miNeptune Square, Ipswich, IP42
£1,25008/240.28 miNeptune Square, Ipswich, Suffolk, IP42
£1,25008/240.28 miNeptune Square, Ipswich, Suffolk, IP42
£87505/240.3 miMitre Way, Ipswich2
£1,00007/240.3 miStoke Quay, IP22
£95008/240.3 miStoke Quay, Ipswich, IP22
£90003/250.31 mi-2
£98508/240.32 miStoke Quay, Ipswich2
£98509/240.32 miStoke Quay, Ipswich2
£80001/240.33 miFore Street, Ipswich, Suffolk, IP42
£4,00011/240.37 mi-2
£4,00011/240.37 mi-2
£1,00004/240.37 miThe Winerack, Key Street, Ipswich2
£1,20007/240.37 miThe Winerack, Key Street, Ipswich2
£1,00007/240.37 miThe Winerack, Key Street, Ipswich2
£1,15007/240.37 miThe Winerack, Key Street, Ipswich2
£1,09508/240.37 miThe Cambria, Key Street, Ipswich2
£1,05008/240.37 miThe Winerack, Key Street, Ipswich2
£1,12501/240.38 mi44 The Cambria, Regatta Quay, Key Street, Ipswich, Suffolk, IP42
£1,25007/240.38 miThe Cambria, Quay Street, Ipswich, IP42
£1,25007/240.38 miThe Cambria, Quay Street, Ipswich, IP42

Local Area Statistics

Population in IP3

34,308

Population in Ipswich

219,393

Town centre distance

0.58 miles away

Nearest school

0.40 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Buyer's market

Capital growth (5yrs)

+9%

Property History

Listed for £170,000

May 19, 2022

Floor Plans

Description

  • Ipswich Water Front +
  • 2 bedroom Apartment +
  • Close to Town +
  • Close to Bars and Restaurants +
  • Parking +
  • No Onward Chain +

NO ONWARD CHAIN, Two bedroom apartment for sale in the popular Anchor Street, Orwell Quay Development has views facing the water at the front, and across East Ipswich at the rear.
The property also benefits from electric heating, double glazing, and secure allocated parking. The area is considered to be a prime location with access to the waterfronts array of restaurants/cafe's and bars, as well as close proximity to the town centre, train station and mainline bus routes.
The apartment layout comprises of Hallway giving access to the Master Bedroom with En-Suite, Lounge/Diner leading to kitchen with Balcony offering views across the marina, Main Bathroom, and 2nd Bedroom.

Agent Details

haart, Ipswich

01473 943783

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪