3 Bed Terraced House, Single Let, Ipswich, IP4 2HS, £165,000

122 Finchley Road, Ipswich, Suffolk, IP4 2HS - 3 views - a year ago

Sold STC
BTL
ROI: 6%
~75 m²
+3 photos

ValuationUndervalued

Sold Prices£147K - £385K
Sold Prices/m²£1.8K/m² - £5.7K/m²

 

 

Square Metres

~75 m²
Price/m²£2.2K/m²

Value Estimate

£195,987
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£925 - £3,800

Rent Estimate

£950

Running Costs/mo

£726

Cashflow/mo

£224

Cashflow/yr

£2,693

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £147K to £385K, average is £227.5K. £1.8K/m² to £5.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£305K12/200.04 mi72, Woodbridge Road, Rushmere St Andrew, Ipswich, Suffolk IP4 5RA3
£212.5K02/210.04 mi59, Lacey Street, Ipswich, Suffolk IP4 2PH3
£218K11/200.04 mi56, Lacey Street, Ipswich, Suffolk IP4 2PH3
£215K04/210.06 mi37, Lacey Street, Ipswich, Suffolk IP4 2PH3
£220K04/230.06 mi67, Lacey Street, Ipswich, Suffolk IP4 2PH3
£385K02/210.08 mi133, Woodbridge Road, Ipswich, Suffolk IP4 2PF3
£220K10/200.1 mi123, Lacey Street, Ipswich, Suffolk IP4 2PL3
£147K03/210.1 mi26, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£147.6K04/210.1 mi44, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£202K08/210.1 mi174, Woodbridge Road, Ipswich, Suffolk IP4 2PB3
£243K07/210.12 mi38, Tuddenham Avenue, Ipswich, Suffolk IP4 2HE3
£300K07/230.12 mi169, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£272.5K03/230.12 mi155, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£205K02/230.13 mi11, North Hill Road, Ipswich, Suffolk IP4 2PW3
£200K06/210.13 mi199, Woodbridge Road, Ipswich, Suffolk IP4 2PD3
£155K04/210.13 mi19, Hervey Street, Ipswich, Suffolk IP4 2ES3
£230K05/210.14 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£225K12/200.14 mi58, Hervey Street, Ipswich, Suffolk IP4 2ET3
£250K02/230.14 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£300K11/220.14 mi7, Upton Close, Ipswich, Suffolk IP4 2QQ3
£225K08/210.15 mi9, Cemetery Road, Ipswich, Suffolk IP4 2ER3
£167K11/200.18 mi20, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£355K06/230.18 mi13, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£275K01/230.18 mi27, Warwick Road, Ipswich, Suffolk IP4 2QE3
£276K04/230.18 mi25, Warwick Road, Ipswich, Suffolk IP4 2QE3
£333K07/230.18 mi217, Woodbridge Road, Ipswich, Suffolk IP4 2QS3
£305K03/230.19 mi40, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£275K02/210.19 mi59, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£193.5K04/210.21 mi230, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£225K12/200.21 mi226, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£165K07/230.21 mi33, Belle Vue Road, Ipswich, Suffolk IP4 2RG3
£253.4K11/220.22 mi258, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£182K02/210.23 mi11, Withipoll Street, Ipswich, Suffolk IP4 2BZ3
£380K07/230.24 mi9, Vermont Road, Ipswich, Suffolk IP4 2SR3
£210K03/230.25 mi50, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£218K07/230.25 mi60, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£262K03/210.26 mi44, Bolton Lane, Ipswich, Suffolk IP4 2BT3
£292K12/220.26 mi59, Alexandra Road, Ipswich, Suffolk IP4 2RL3
£210K09/210.28 mi10, Oxford Road, Ipswich, Suffolk IP4 1NL3
£215K03/210.28 mi36, Oxford Road, Ipswich, Suffolk IP4 1NL3
£325K03/230.3 mi75, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£285K06/210.3 mi71, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£240K09/210.31 mi29, Kings Avenue, Ipswich, Suffolk IP4 1NT3
£225K11/220.31 mi35, Kings Avenue, Ipswich, Suffolk IP4 1NT3
£220K01/210.31 mi6, Braeburn Close, Ipswich, Suffolk IP4 2GB3
£230K04/210.33 mi23, Grove Lane, Ipswich, Suffolk IP4 1NS3
£235K09/210.33 mi39, Grange Road, Ipswich, Suffolk IP4 1NP3
£185K06/210.33 mi37, Grange Road, Ipswich, Suffolk IP4 1NP3
£280K07/230.33 mi15, Grange Road, Ipswich, Suffolk IP4 1NP3
£335K12/200.34 mi76, Tuddenham Road, Ipswich, Suffolk IP4 2SX3

Local Rents

53 rents from £925/mo to £3.8K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£92507/240.05 miCemetery Road, Ipswich, Suffolk, UK, IP43
£1,10001/240.06 miLacey Street, Ipswich, Suffolk, IP43
£1,20008/240.06 miLacey Street3
£1,20008/240.06 miLacey Street3
£1,00006/240.09 mi-3
£1,00005/240.09 miHayhill Road, Ipswich, IP43
£97512/240.1 mi-3
£99504/240.1 miNorfolk Road, Ipswich3
£97503/240.11 mi-3
£97503/240.11 mi-3
£1,20007/240.12 miTuddenham Avenue, Ipswich3
£99506/240.15 mi-3
£1,25006/240.19 miTuddenham Avenue, Ipswich, Suffolk, IP43
£1,20004/240.2 mi-3
£1,20003/250.2 mi-3
£1,20008/240.2 miHervey Street, Ipswich, IP43
£1,10010/240.2 mi-3
£1,35004/240.21 miHervey Street, Ipswich, IP43
£1,20007/240.21 miBelle Vue Road, Ipswich, IP43
£1,20004/240.22 mi-3
£1,25007/240.22 mi-3
£1,20006/240.25 miWoodbridge Road, Ipswich, IP4 2QU3
£1,10004/240.25 miChapel Mews, 46A Bolton Lane, Ipswich, Suffolk, IP43
£1,17507/240.28 miSpring Road, Ipswich3
£1,20008/240.28 miOxford Road, Ipswich, IP43
£1,30004/240.28 miSt. Margarets Green, Ipswich3
£1,30006/240.3 miTuddenham Avenue3
£1,10005/240.31 miKings Avenue, Ipswich3
£1,20008/240.31 miKings Avenue, Ipswich, IP43
£3,80007/240.33 mi-3
£3,80008/240.33 mi-3
£1,20007/240.33 miGrove Lane, Ipswich, IP43
£1,17504/240.37 miBelvedere Road, Ipswich3
£1,10010/240.38 mi-3
£95006/240.39 miSpring Road, Ipswich3
£95006/240.39 miSpring Road, Ipswich3
£1,30007/240.39 miSt Anthonys Crescent, Ipswich, IP43
£1,35006/240.42 miTuddenham Road, Ipswich, IP43
£1,19506/240.47 miBelvedere Road, Ipswich, IP43
£1,24012/240.47 mi-3
£95004/240.53 miClifford Road, IP43
£1,00007/240.53 miClifford Road, Ipswich, Suffolk3
£1,15004/240.54 miFoxhall Road3
£1,15004/240.54 miFoxhall Road, Ipswich, IP33
£95007/240.55 miRosebery Road, Ipswich, Suffolk, IP43
£97506/240.55 miRosebery Road, Ipswich, Suffolk, UK, IP43
£97507/240.55 miRosebery Road, Ipswich, Suffolk, UK, IP43
£1,30006/240.57 miMeadowvale Close, Ipswich, IP43
£97501/240.57 miWellesley Road,Ipswich,IP43
£1,10002/250.57 mi-3
£1,37504/240.57 mi-3
£95007/240.57 miMeadow Vale Close, Ipswich3
£1,30001/240.59 miTurret Lane, Ipswich, Suffolk, IP43

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.21 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £165,000

September 25, 2024

Listed for £175,000

October 20, 2023

Floor Plans

Description

  • Three bedroom end terrace house +
  • No onward chain +
  • Close to Christchurch park & Ipswich Town Centre +
  • Double-glazed windows +
  • Gas central heating +
  • Ground floor bathroom +
  • Sitting/dining room +
  • Kitchen +
  • Courtyard style rear garden +
  • Ideal first purchase or buy to let investment +

Offered with no onward chain is this end terrace property with double-glazed windows, gas central heating that is situated close to Christchurch Park

Situated in a prime residential area close to Christchurch Park and the town centre is this three bedroom end terrace property which is offered with no onward chain.

Along with gas fired central heating and double glazed windows there is a courtyard style rear garden.

The sitting room is located to the front and has a wood effect floor. To the rear of this is the dining room which has stairs to the first floor and a further door into the kitchen which is equipped with a range of base units, wall cupboards, work tops and drawers. Beyond the kitchen is a rear lobby with a cupboard and a door to the rear garden. There is a further door into the bathroom which comprises a bath, basin and WC.

The landing provides access to all three bedrooms. Bedrooms one and two are both double bedrooms with bedroom one being located to the front and bedroom two to the rear. There is a third bedroom which is also located to the rear.

Outside
To the rear of the property there is a courtyard style garden which has side pedestrian access.

Directions

Using a Sat Nav with the postcode IP4 2HS, and upon entering Finchley Road the property can then be found on the right hand side identified by a Fenn Wright board.

Important Information

Council Tax Band - A
Services - Mains water, drainage, gas and electricity are connected.
Tenure - Freehold
EPC rating - D

Agent Details

Fenn Wright, Ipswich

01473 943943

Next Steps?

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