2 Bed Terraced House, Single Let, Ipswich, IP4 2HT, £170,000

72 Finchley Road, Ipswich, Suffolk, IP4 2HT - 3 views - a year ago

Sold STC
BTL
ROI: 2%
~70 m²
+4 photos

ValuationUndervalued

Sold Prices£130K - £235K
Sold Prices/m²£1.7K/m² - £4.5K/m²

 

 

Square Metres

~70 m²
Price/m²£2.4K/m²

Value Estimate

£191,924
BMV13%

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

£700 - £3,600

Rent Estimate

£766

Running Costs/mo

£704

Cashflow/mo

£62

Cashflow/yr

£739

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £130K to £235K, average is £188K. £1.7K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£230K12/220.06 mi22, Hayhill Road, Ipswich, Suffolk IP4 2HP2
£177.5K06/230.07 mi7, Finchley Road, Ipswich, Suffolk IP4 2HX2
£148K06/230.07 mi20, Finchley Road, Ipswich, Suffolk IP4 2HX2
£235K06/210.07 mi66, Lacey Street, Ipswich, Suffolk IP4 2PH2
£205K12/220.09 mi116, Lacey Street, Ipswich, Suffolk IP4 2PL2
£158K02/210.1 mi21, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£170K11/200.1 mi36, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£190K04/210.11 mi12, Arthurs Terrace, Ipswich, Suffolk IP4 2NN2
£189K01/210.11 mi156, Cemetery Road, Ipswich, Suffolk IP4 2HL2
£180K03/230.11 mi192, Woodbridge Road, Ipswich, Suffolk IP4 2PB2
£160K05/210.12 mi23, North Hill Road, Ipswich, Suffolk IP4 2PW2
£170K07/210.13 mi71, Hervey Street, Ipswich, Suffolk IP4 2ET2
£198K10/210.13 mi95, Hervey Street, Ipswich, Suffolk IP4 2ET2
£165K05/230.14 mi20, Hervey Street, Ipswich, Suffolk IP4 2ES2
£157K12/200.14 mi80, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£145K03/210.14 mi41, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£130K11/200.15 mi24, Cemetery Road, Ipswich, Suffolk IP4 2EP2
£230K12/200.16 mi21, Palmerston Road, Ipswich, Suffolk IP4 2NU2
£140K04/230.18 mi24, Alexandra Road, Ipswich, Suffolk IP4 2RH2
£228.5K09/210.18 mi38, Warwick Road, Ipswich, Suffolk IP4 2QE2
£170K02/210.19 mi53, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF2
£225K06/210.2 mi122, Hervey Street, Ipswich, Suffolk IP4 2EU2
£160K03/210.2 mi70, Woodbridge Road, Ipswich, Suffolk IP4 2NG2
£179K06/210.2 mi18, Lancaster Road, Ipswich, Suffolk IP4 2NY2
£188K06/210.2 mi32, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£177K09/210.22 mi14, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£201K01/210.23 mi7, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£184K06/230.23 mi32, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£215K05/230.23 mi43, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£220K12/220.23 mi1, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£195K12/220.23 mi28, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£210K09/210.24 mi37, Alexandra Road, Ipswich, Suffolk IP4 2RL2
£168.5K01/210.25 mi13, Cobbold Street, Ipswich, Suffolk IP4 2DN2
£211.8K06/230.27 mi62, Bolton Lane, Ipswich, Suffolk IP4 2BY2
£198K04/210.29 mi114, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG2
£191.5K07/210.31 mi42, Spring Road, Ipswich, Suffolk IP4 2RS2
£200K12/220.36 mi25, Parade Road, Ipswich, Suffolk IP4 4BH2
£195K09/210.37 mi42, Parade Road, Ipswich, Suffolk IP4 4BH2
£164.5K02/210.37 mi6, Parade Road, Ipswich, Suffolk IP4 4BH2
£210K03/210.39 mi100, Spring Road, Ipswich, Suffolk IP4 2RR2
£195K07/210.41 mi63, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£207.5K06/230.41 mi27, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£173K01/210.41 mi18, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£185.5K10/220.41 mi55, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£215K01/230.41 mi61, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£184K12/220.41 mi28, Brunswick Road, Ipswich, Suffolk IP4 4BL2
£200K12/200.46 mi7, Khartoum Road, Ipswich, Suffolk IP4 4EX2
£170K03/210.48 mi379, Woodbridge Road, Ipswich, Suffolk IP4 4ES2
£187K02/230.49 mi34, Woodville Road, Ipswich, Suffolk IP4 1PD2
£188K11/200.5 mi29, Hutland Road, Ipswich, Suffolk IP4 4EZ2

Local Rents

51 rents from £700/mo to £3.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£92507/240.01 miFinchley Road, Ipswich2
£85007/240.01 miNorfolk Road, Ipswich, Suffolk, UK, IP42
£90005/240.02 miFinchley Road2
£87504/240.02 mi-2
£85004/240.05 mi-2
£92504/240.06 mi-2
£92504/240.06 mi-2
£85004/240.06 miCemetery Road, Ipswich, Suffolk, IP42
£1,00006/240.09 miSuffolk Road, Ipswich, Suffolk, IP42
£95007/240.11 miMeridian Rise, Ipswich, Suffolk, IP42
£95008/240.11 miMeridian Rise, Ipswich, Suffolk, IP42
£99510/240.13 mi-2
£99504/240.13 miWoodbridge Road, Ipswich, IP42
£87505/240.14 miSuffolk Road, IP42
£95001/240.16 miMeridian Rise, Ipswich2
£1,05006/240.16 miMeridian Rise, IPSWICH2
£97506/240.16 miCemetery Road, Ipswich, IP42
£75004/240.17 miChristchurch Street, Ipswich2
£97504/240.19 miChristchurch Street,Ipswich,IP42
£1,00005/240.19 miChristchurch Street, Ipswich2
£95009/240.2 miBramley Hill, IPSWICH2
£89504/240.2 miHervey Street, Ipswich2
£1,10007/240.21 miWoodbridge Road, Ipswich, Suffolk, IP42
£1,00008/240.21 miBramley Hill, Ipswich2
£97504/240.21 mi-2
£94501/240.21 miBelle Vue Road, Ipswich, Suffolk, IP42
£87503/250.22 mi-2
£80004/240.23 miWoodbridge Road, Ipswich, Suffolk, IP42
£87504/240.23 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£87507/240.23 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£70004/240.23 miWithipoll Street, Ipswich, IP42
£1,10006/240.23 miNottidge Road, Ipswich2
£92508/240.23 miNottidge Road, Ipswich, Suffolk, IP42
£1,10009/240.25 mi-2
£90007/240.25 miSt Helens Street, Ipswich2
£1,05007/240.25 miBelle Vue Road, Ipswich, Suffolk2
£95012/230.26 mi-2
£87504/240.27 miSt Helens Street, Ipswich2
£77508/240.27 miSt. Helens Street, Ipswich2
£75008/240.27 miSt. Helens Street, Ipswich2
£85009/240.29 miOxford Road, IPSWICH2
£1,00004/240.32 miSt Edmund House, Rope Walk, Ipswich, Suffolk, IP42
£1,00004/240.33 miRope Walk, Ipswich2
£95007/240.33 miBond Street, IPSWICH2
£95006/240.33 miParade Road, Ipswich, Suffolk, IP42
£3,60005/240.36 mi-2
£3,60010/240.36 mi-2
£82507/240.36 miFlat 705, Carr Street, Ipswich2
£97507/240.37 miParade Road, Ipswich, Suffolk, IP42
£97507/240.37 miParade Road, Ipswich, IP42
£99501/240.38 miColman Gardens, 15 Great Colman Street, Ipswich, Suffolk, IP42

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.22 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

Listed for £170,000

October 23, 2023

Floor Plans

Description

  • Two bedroom mid terrace property +
  • First floor bathroom +
  • Close to Ipswich Town and Christchurch park +
  • No onward chain +
  • Sitting/dining room +
  • Kitchen +
  • Gas central heating +
  • Double-glazed windows +
  • 100ft rear garden +
  • Ideal first purchase or buy to let +

Situated close to Christchurch park is this property with a 100ft rear garden, first floor bathroom, and gas central heating that is offered with no onward chain

Offered with no onward chain is this two double bedroom mid terrace property which is situated in a prime residential area close to Christchurch Park and the town centre itself.

Along with a 100ft rear garden the property has double glazed windows and gas fired central heating.

The sitting room has a window to the front and to the rear of this is a dining room which has stairs to the first floor. The kitchen is equipped with a range of base units, wall cupboards, work tops and drawers.

The landing provides access to both double bedrooms and the bathroom. Bedroom one is located to the front and bedroom two is located to the rear. The bathroom comprises a bath, basin and WC.

Outside
The property is recessed from the road by a small front garden.

The rear garden measures approximately 100ft in length and is predominantly laid to lawn with a patio area and outside store.

Directions

Using a Sat Nav with the postcode IP4 2HT, 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 💪