3 Bed Terraced House, Single Let, Ipswich, IP2 8EF, £170,000

Croft Street, IP2 8EF - 5 views - 10 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+5 photos

ValuationUndervalued

Sold Prices£99.5K - £336.5K
Sold Prices/m²£1.4K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£224,096
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,600

Total Cash In

£49,100

 

 

Cash Out

 

Rent Range

£850 - £3,500

Rent Estimate

£1,000

Running Costs/mo

£751

Cashflow/mo

£249

Cashflow/yr

£2,985

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £99.5K to £336.5K, average is £186.3K. £1.4K/m² to £3.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£164K03/210.01 mi64, Croft Street, Ipswich, Suffolk IP2 8EF3
£162K04/230.05 mi5, Webb Street, Ipswich, Suffolk IP2 8RR3
£185K03/230.06 mi21, Bradley Street, Ipswich, Suffolk IP2 8DU3
£150K06/210.06 mi20, Bradley Street, Ipswich, Suffolk IP2 8DU3
£167K06/230.06 mi5, Bradley Street, Ipswich, Suffolk IP2 8DU3
£160K10/210.09 mi9, Shelley Street, Ipswich, Suffolk IP2 8DT3
£220K03/210.11 mi22, Martin Road, Ipswich, Suffolk IP2 8BJ3
£200K02/210.11 mi10, Martin Road, Ipswich, Suffolk IP2 8BJ3
£185K12/200.11 mi96, Wherstead Road, Ipswich, Suffolk IP2 8JP3
£145K03/210.12 mi19, Hartley Street, Ipswich, Suffolk IP2 8DR3
£228.8K04/210.12 mi2, Martin Road, Ipswich, Suffolk IP2 8BJ3
£205K03/210.12 mi32, Martin Road, Ipswich, Suffolk IP2 8BJ3
£260K06/230.12 mi2, Martin Road, Ipswich, Suffolk IP2 8BJ3
£208.5K05/230.12 mi25, Martin Road, Ipswich, Suffolk IP2 8BJ3
£99.5K08/210.12 mi17, Hartley Street, Ipswich, Suffolk IP2 8DR3
£315K11/220.13 mi67, Belstead Avenue, Ipswich, Suffolk IP2 8NT3
£152.5K05/210.15 mi10, Littles Crescent, Ipswich, Suffolk IP2 8DP3
£156K11/200.15 mi24, Littles Crescent, Ipswich, Suffolk IP2 8DP3
£336.5K12/220.15 mi26, Luther Road, Ipswich, Suffolk IP2 8BN3
£190K06/230.15 mi6, Philip Road, Ipswich, Suffolk IP2 8BH3
£200K11/220.16 mi14, Littles Crescent, Ipswich, Suffolk IP2 8DP3
£135K10/200.17 mi33, Rectory Road, Ipswich, Suffolk IP2 8EH3
£186K05/230.17 mi31, Rectory Road, Ipswich, Suffolk IP2 8EH3
£135K10/200.17 mi33, Rectory Road, Ipswich, Suffolk IP2 8EH3
£190K10/220.17 mi14, Rectory Road, Ipswich, Suffolk IP2 8EH3
£173.5K03/210.18 mi3, Seymour Road, Ipswich, Suffolk IP2 8EN3
£200K08/210.18 mi27, Philip Road, Ipswich, Suffolk IP2 8BQ3
£150K02/210.21 mi23, Purplett Street, Ipswich, Suffolk IP2 8HH3
£325K07/230.21 mi8, Belstead Avenue, Ipswich, Suffolk IP2 8NP3
£215K10/200.22 mi53, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£220K02/210.22 mi37, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£295K03/230.22 mi55, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£267.5K04/210.22 mi27, Belstead Road, Ipswich, Suffolk IP2 8AU3
£210K07/230.22 mi7, Stoke Hall Road, Ipswich, Suffolk IP2 8EJ3
£120K10/220.22 mi212, Wherstead Road, Ipswich, Suffolk IP2 8JZ3
£165K12/200.22 mi220, Wherstead Road, Ipswich, Suffolk IP2 8JZ3
£180.5K09/210.23 mi20, Belstead Road, Ipswich, Suffolk IP2 8AX3
£270K09/210.23 mi35a, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£185K02/210.24 mi22, La Salle Close, Ipswich, Suffolk IP2 8NA3
£186.5K03/210.24 mi15, La Salle Close, Ipswich, Suffolk IP2 8NA3
£218K10/200.24 mi21, La Salle Close, Ipswich, Suffolk IP2 8NA3
£250K11/200.24 mi33, La Salle Close, Ipswich, Suffolk IP2 8NA3
£130K08/210.27 mi7, Bulstrode Road, Ipswich, Suffolk IP2 8HA3
£236K06/230.32 mi6, Briarhayes Close, Ipswich, Suffolk IP2 9AZ3
£175K06/230.32 mi28, Briarhayes Close, Ipswich, Suffolk IP2 9AZ3
£181K01/210.35 mi248, Wherstead Road, Ipswich, Suffolk IP2 8LE3
£185K02/210.35 mi246, Wherstead Road, Ipswich, Suffolk IP2 8LE3
£200K06/230.35 mi284, Wherstead Road, Ipswich, Suffolk IP2 8LE3
£216K10/200.36 mi134, Maidenhall Approach, Ipswich, Suffolk IP2 8PF3
£180.5K01/210.36 mi219, Wherstead Road, Ipswich, Suffolk IP2 8LD3

Local Rents

37 rents from £850/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00004/240.01 miIpswich, Suffolk3
£85005/240.02 mi-3
£1,05003/240.03 mi-3
£1,20001/240.08 miHartley Street, Ipswich3
£92504/240.08 mi-3
£1,10004/240.11 miRectory Road, Ipswich3
£1,05007/240.11 mi-3
£1,19508/240.11 mi-3
£1,10006/240.11 miAshley Street, IPSWICH3
£1,05003/240.12 mi-3
£95004/240.17 mi-3
£1,10004/240.17 miRectory Road, Ipswich3
£1,25004/240.17 miRectory Road, Ipswich3
£90005/240.18 miSeymour Road, Ipswich, IP23
£1,10004/250.19 mi-3
£1,25009/240.2 mi-3
£1,19508/240.21 miPurplett Street, Ipswich3
£1,35009/240.21 miHawes Street, IPSWICH3
£1,25009/240.26 miChesham Road, Ipswich, IP23
£1,20003/240.27 mi-3
£1,10001/240.27 miBurrell Road, Ipswich3
£2,00004/240.3 mi-3
£1,80003/250.3 mi-3
£2,10007/240.3 mi-3
£1,05006/240.32 miBriarhayes Close, Ipswich, IP23
£1,40002/250.33 mi-3
£1,20008/240.35 miWherstead Road, Ipswich IP23
£1,59504/240.37 miWentworth House, Burrell Road, Ipswich3
£1,70001/240.43 miKey Street, Ipswich, Suffolk, IP43
£1,05004/240.51 miFlint Close, Ipswich3
£1,60004/240.52 miPENTHOUSE APARTMENT Anchor Street, Ipswich Waterfront, Suffolk, IP33
£1,30001/240.54 miTurret Lane, Ipswich, Suffolk, IP43
£1,00004/240.55 miHeatherhayes, Ipswich, Suffolk, IP23
£1,10004/240.56 miMontgomery Road, Ipswich, Suffolk, IP23
£1,35004/240.57 miMaude Street Town House3
£3,50003/240.6 mi-3
£2,50006/240.6 mi-3

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

0.96 miles away

Nearest school

0.10 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Price changed to £170,000

December 4, 2024

Listed for £180,000

May 30, 2024

Floor Plans

Description

  • 3 Bedroom End Terrace +
  • South Ipswich +
  • Gas Central Heating +
  • Double Glazing +
  • Entrance Hallway +
  • 2 Reception Rooms +

No Onward Chain - Guide Price £180,000 to £190,000 -  3 Bedroom End Terrace property located on the South side of Ipswich. Benefiting from Gas Central Heating, Double glazing, Layout of Hallway, Living room, Dining room, Kitchen, Lobby and Bathroom, 3 First floor Bedrooms. Rear garden area, On street parking. Good access to the A14, Walking distance to the Railway station and Waterfront.

Agent Details

Beagle Property, Ipswich

01473 943766

Next Steps?

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