3 Bed Terraced House, Single Let, Ipswich, IP4 2NA, £155,000

5 Argyle Street, Ipswich, Suffolk, IP4 2NA - 4 views - a year ago

Sold STC
BTL
ROI: 6%
68 m²
+8 photos

ValuationUndervalued

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

 

 

Square Metres

68.35 m²
Price/m²£2.3K/m²

Value Estimate

£175,607
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£6,000

Total Cash In

£44,750

 

 

Cash Out

 

Rent Range

£925 - £3,800

Rent Estimate

£950

Running Costs/mo

£694

Cashflow/mo

£256

Cashflow/yr

£3,068

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £147K to £385K, average is £225K. £1.8K/m² to £5.7K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£385K02/210.15 mi133, Woodbridge Road, Ipswich, Suffolk IP4 2PF3
£225K08/210.16 mi9, Cemetery Road, Ipswich, Suffolk IP4 2ER3
£215K04/210.18 mi37, Lacey Street, Ipswich, Suffolk IP4 2PH3
£220K04/230.18 mi67, Lacey Street, Ipswich, Suffolk IP4 2PH3
£305K12/200.18 mi72, Woodbridge Road, Rushmere St Andrew, Ipswich, Suffolk IP4 5RA3
£212.5K02/210.18 mi59, Lacey Street, Ipswich, Suffolk IP4 2PH3
£218K11/200.18 mi56, Lacey Street, Ipswich, Suffolk IP4 2PH3
£155K04/210.2 mi19, Hervey Street, Ipswich, Suffolk IP4 2ES3
£210K09/210.2 mi10, Oxford Road, Ipswich, Suffolk IP4 1NL3
£215K03/210.2 mi36, Oxford Road, Ipswich, Suffolk IP4 1NL3
£202K08/210.21 mi174, Woodbridge Road, Ipswich, Suffolk IP4 2PB3
£300K11/220.21 mi7, Upton Close, Ipswich, Suffolk IP4 2QQ3
£240K09/210.22 mi29, Kings Avenue, Ipswich, Suffolk IP4 1NT3
£225K11/220.22 mi35, Kings Avenue, Ipswich, Suffolk IP4 1NT3
£147K03/210.25 mi26, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£147.6K04/210.25 mi44, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£275K01/230.25 mi27, Warwick Road, Ipswich, Suffolk IP4 2QE3
£276K04/230.25 mi25, Warwick Road, Ipswich, Suffolk IP4 2QE3
£230K05/210.26 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£225K12/200.26 mi58, Hervey Street, Ipswich, Suffolk IP4 2ET3
£250K02/230.26 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£262K03/210.27 mi44, Bolton Lane, Ipswich, Suffolk IP4 2BT3
£167K11/200.27 mi20, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£355K06/230.27 mi13, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£220K10/200.28 mi123, Lacey Street, Ipswich, Suffolk IP4 2PL3
£182K02/210.28 mi11, Withipoll Street, Ipswich, Suffolk IP4 2BZ3
£230K04/210.28 mi23, Grove Lane, Ipswich, Suffolk IP4 1NS3
£200K06/210.3 mi199, Woodbridge Road, Ipswich, Suffolk IP4 2PD3
£200K03/230.3 mi9, Back Hamlet, Ipswich, Suffolk IP3 8AH3
£205K02/230.31 mi11, North Hill Road, Ipswich, Suffolk IP4 2PW3
£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
£243K07/210.33 mi38, Tuddenham Avenue, Ipswich, Suffolk IP4 2HE3
£165K07/230.34 mi33, Belle Vue Road, Ipswich, Suffolk IP4 2RG3
£300K07/230.34 mi169, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£272.5K03/230.34 mi155, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£168K12/200.34 mi58, Back Hamlet, Ipswich, Suffolk IP3 8AJ3
£205K03/210.35 mi16, Hill House Road, Ipswich, Suffolk IP3 8AP3
£292K12/220.36 mi59, Alexandra Road, Ipswich, Suffolk IP4 2RL3
£333K07/230.36 mi217, Woodbridge Road, Ipswich, Suffolk IP4 2QS3
£193.5K04/210.37 mi230, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£225K12/200.37 mi226, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£215K05/210.37 mi3, Turret Lane, Ipswich, Suffolk IP4 1DT3
£325K12/220.38 mi32, Lower Brook Street, Ipswich, Suffolk IP4 1AL3
£253.4K11/220.4 mi258, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£305K03/230.4 mi40, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£275K02/210.4 mi59, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£380K07/230.4 mi9, Vermont Road, Ipswich, Suffolk IP4 2SR3
£210K03/230.4 mi50, Belle Vue Road, Ipswich, Suffolk IP4 2RD3

Local Rents

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

RentDateDistanceAddressBeds 
£1,20004/240.08 mi-3
£1,25007/240.09 mi-3
£1,20004/240.16 mi-3
£1,20003/250.16 mi-3
£3,80007/240.17 mi-3
£3,80008/240.17 mi-3
£1,10001/240.18 miLacey Street, Ipswich, Suffolk, IP43
£1,20008/240.18 miLacey Street3
£1,20008/240.18 miLacey Street3
£1,20008/240.2 miOxford Road, Ipswich, IP43
£1,10004/240.2 miChapel Mews, 46A Bolton Lane, Ipswich, Suffolk, IP43
£92507/240.22 miCemetery Road, Ipswich, Suffolk, UK, IP43
£1,10005/240.22 miKings Avenue, Ipswich3
£1,20008/240.22 miKings Avenue, Ipswich, IP43
£1,30004/240.23 miSt. Margarets Green, Ipswich3
£97503/240.25 mi-3
£97503/240.25 mi-3
£99504/240.26 miNorfolk Road, Ipswich3
£1,20007/240.28 miGrove Lane, Ipswich, IP43
£1,17507/240.29 miSpring Road, Ipswich3
£97512/240.32 mi-3
£1,00006/240.32 mi-3
£1,00005/240.32 miHayhill Road, Ipswich, IP43
£1,20007/240.33 miTuddenham Avenue, Ipswich3
£1,20007/240.34 miBelle Vue Road, Ipswich, IP43
£1,20008/240.35 miHervey Street, Ipswich, IP43
£1,10010/240.35 mi-3
£1,35004/240.35 miHervey Street, Ipswich, IP43
£99506/240.36 mi-3
£1,24012/240.37 mi-3
£1,30001/240.39 miTurret Lane, Ipswich, Suffolk, IP43
£1,25006/240.4 miTuddenham Avenue, Ipswich, Suffolk, IP43
£1,70001/240.41 miKey Street, Ipswich, Suffolk, IP43
£1,20006/240.43 miWoodbridge Road, Ipswich, IP4 2QU3
£1,10010/240.43 mi-3
£95006/240.44 miSpring Road, Ipswich3
£95006/240.44 miSpring Road, Ipswich3
£3,50003/240.47 mi-3
£2,50006/240.47 mi-3
£1,15004/240.48 miFoxhall Road3
£1,15004/240.48 miFoxhall Road, Ipswich, IP33
£1,30006/240.5 miTuddenham Avenue3
£97506/240.52 miRosebery Road, Ipswich, Suffolk, UK, IP43
£97507/240.52 miRosebery Road, Ipswich, Suffolk, UK, IP43
£95007/240.53 miRosebery Road, Ipswich, Suffolk, IP43
£95004/240.53 miClifford Road, IP43
£1,00007/240.53 miClifford Road, Ipswich, Suffolk3
£1,25004/240.54 miMuseum Street, Ipswich3
£1,30007/240.54 miSt Anthonys Crescent, Ipswich, IP43
£2,20003/250.55 mi-3
£1,35004/240.55 miMaude Street Town House3
£1,60004/240.56 miPENTHOUSE APARTMENT Anchor Street, Ipswich Waterfront, Suffolk, IP33
£1,05004/240.56 miFoxhall Road, Ipswich3

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.19 miles away

Nearest train station

0.90 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 £155,000

December 4, 2024

Listed for £160,000

April 17, 2024

Sold for £115,000

2014

Sold for £95,000

2010

Sold for £78,500

2003

Floor Plans

Description

  • Three generous bedrooms +

  • Modern finishes throughout +

  • Ground floor bathroom +

  • Outside Utility space +

  • Courtyard garden +

  • Two spacious reception rooms +

  • Popular East Ipswich location +

SUMMARY
GUIDE PRICE £160,000-£170,000 This three bedroom mid-terraced home is located in the popular area of East Ipswich and benefits from two spacious reception rooms, modern finishes throughout, a ground floor bathroom and a courtyard garden.

DESCRIPTION
.

Lounge 12' 1" x 10' 5" ( 3.68m x 3.17m )
Double glazed window to the front, grey wood effect flooring, one radiator, spot lights and a meter cupboard.

Dining Room 12' 1" x 11' 1" ( 3.68m x 3.38m )
Grey wood effect flooring throughout, double glazed window to the rear, exposed storage cupboard, open staircase, one radiator, exposed fireplace with tiled base.

Kitchen 8' 9" x 6' 8" ( 2.67m x 2.03m )
A range of eye and base level units in white with stone effect worktop surfaces, a stainless steel sink plus drainer and chrome mixer tap, space for a fridge/freezer and washing machine, a wall mounted gas fired boiler, part tiled walls, a door to the side and a double glazed window to the side.

Ground Floor Bathroom 11' 9" x 3' 6" ( 3.58m x 1.07m )
A shower with glass enclosure, low level WC, vanity sink with chrome mixer tap, tiled flooring, extractor fan, chrome heated towel rail and a double glazed window to the side.

First Floor Landing 
Spot lights, grey wood effect flooring and a wall papered wall.

Master Bedroom 12' 3" x 10' 5" ( 3.73m x 3.17m )
Dual aspect double glazed windows overlooking the front, one radiator, grey wood effect flooring and a fitted wardrobe.

Bedroom Two 9' 2" x 7' 3" ( 2.79m x 2.21m )
Double glazed window to the rear, one radiator, a built in cupboard and grey wood effect flooring.

Bedroom Three 8' 9" x 7' ( 2.67m x 2.13m )
Double glazed window to the rear, one radiator, grey wood effect flooring and loft hatch.

Outside: 

Front Garden 
Fully paved with a walled border and a gate to entry.

Rear Garden 
A courtyard garden with a half-height brick wall, a rear gate, a hard standing seating area, a power point and a brick shed.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Ipswich

01473 943298

Next Steps?

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