3 Bed Terraced House, Single Let, Felixstowe, IP11 9BJ, £185,000

48 Cage Lane, Felixstowe, Suffolk, IP11 9BJ - 3 views - 10 months ago

Sold STC
BTL
ROI: 3%
66 m²
+5 photos

ValuationOvervalued

Sold Prices£163.5K - £430K
Sold Prices/m²£1.8K/m² - £3.8K/m²

 

 

Square Metres

66.10 m²
Price/m²£2.8K/m²

Value Estimate

£179,127

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£850 - £1,450

Rent Estimate

£904

Running Costs/mo

£779

Cashflow/mo

£125

Cashflow/yr

£1,501

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £163.5K to £430K, average is £238.2K. £1.8K/m² to £3.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£320K12/200.06 mi52, Seaton Road, Felixstowe, Suffolk IP11 9BP3
£330K07/230.06 mi50, Seaton Road, Felixstowe, Suffolk IP11 9BP3
£300K06/210.06 mi38, Seaton Road, Felixstowe, Suffolk IP11 9BP3
£205K09/210.11 mi20, Alexandra Road, Felixstowe, Suffolk IP11 9DB3
£210K02/230.13 mi75, King Street, Felixstowe, Suffolk IP11 9DY3
£219.9K10/210.13 mi38, Margaret Street, Felixstowe, Suffolk IP11 9EJ3
£325K04/230.13 mi3, Chepstow Road, Felixstowe, Suffolk IP11 9BU3
£272.5K08/210.15 mi240, High Street, Felixstowe, Suffolk IP11 9DS3
£272.5K08/210.15 mi240, High Street, Felixstowe, Suffolk IP11 9DS3
£210K06/210.15 mi39, King Street, Felixstowe, Suffolk IP11 9DX3
£197.5K02/210.16 mi162, High Road West, Felixstowe, Suffolk IP11 9BB3
£257.5K05/230.16 mi123, Maidstone Road, Felixstowe, Suffolk IP11 9EE3
£164K03/230.16 mi79, Maidstone Road, Felixstowe, Suffolk IP11 9EE3
£163.5K06/210.16 mi53, Maidstone Road, Felixstowe, Suffolk IP11 9EE3
£228K09/210.17 mi76, Maidstone Road, Felixstowe, Suffolk IP11 9ED3
£340K03/210.17 mi10, St Marys Crescent, Felixstowe, Suffolk IP11 9DL3
£195K10/200.17 mi98, Maidstone Road, Felixstowe, Suffolk IP11 9EG3
£180K01/210.17 mi158, Cornwall Road, Felixstowe, Suffolk IP11 9EW3
£238.3K08/210.18 mi78, Maidstone Road, Felixstowe, Suffolk IP11 9ED3
£190K11/220.18 mi4, Maidstone Road, Felixstowe, Suffolk IP11 9ED3
£232.5K11/200.2 mi12, James Boden Close, Felixstowe, Suffolk IP11 9EN3
£238K10/220.2 mi3, James Boden Close, Felixstowe, Suffolk IP11 9EN3
£230K07/210.22 mi19, Chester Road, Felixstowe, Suffolk IP11 9AH3
£215K10/200.22 mi15, Chester Road, Felixstowe, Suffolk IP11 9AH3
£220K03/230.22 mi26, Recreation Close, Felixstowe, Suffolk IP11 9BE3
£227K06/210.22 mi4, Recreation Close, Felixstowe, Suffolk IP11 9BE3
£189K05/210.22 mi18, Recreation Close, Felixstowe, Suffolk IP11 9BE3
£215K07/210.23 mi292, High Street, Felixstowe, Suffolk IP11 9EB3
£225K11/210.23 mi25, Church Lane, Felixstowe, Suffolk IP11 9DJ3
£205K01/210.23 mi21, Church Lane, Felixstowe, Suffolk IP11 9DJ3
£280K02/210.23 mi48, Church Lane, Felixstowe, Suffolk IP11 9DJ3
£246.5K06/210.24 mi40, Cornwall Road, Felixstowe, Suffolk IP11 9AQ3
£218K11/200.26 mi7, Devon Road, Felixstowe, Suffolk IP11 9AF3
£245K12/200.26 mi24, Devon Road, Felixstowe, Suffolk IP11 9AF3
£295K03/230.26 mi4, Devon Road, Felixstowe, Suffolk IP11 9AF3
£325K09/210.27 mi48, Exeter Road, Felixstowe, Suffolk IP11 9AU3
£217.5K06/210.27 mi15, Longcroft, Felixstowe, Suffolk IP11 9QH3
£300K02/230.27 mi44, Exeter Road, Felixstowe, Suffolk IP11 9AU3
£243K04/210.29 mi17, Valley Walk, Felixstowe, Suffolk IP11 7TD3
£230K04/230.29 mi10, Beacon Field, Felixstowe, Suffolk IP11 2JQ3
£430K02/210.34 mi5, Nursery Walk, Felixstowe, Suffolk IP11 7TE3
£253.5K06/230.35 mi8, Bredfield Close, Felixstowe, Suffolk IP11 2FD3
£250K07/210.35 mi37, Grange Road, Felixstowe, Suffolk IP11 2JS3
£310K01/230.38 mi61, High Road West, Felixstowe, Suffolk IP11 9JD3
£227.5K09/210.39 mi18, Grange Farm Avenue, Felixstowe, Suffolk IP11 2FB3
£295K10/220.4 mi8, St Andrews Road, Felixstowe, Suffolk IP11 7QN3
£399.9K08/210.41 mi109, Garrison Lane, Felixstowe, Suffolk IP11 7RE3
£360K06/210.41 mi11, Newry Avenue, Felixstowe, Suffolk IP11 7RZ3
£385K02/210.41 mi24, Newry Avenue, Felixstowe, Suffolk IP11 7RZ3
£385K11/200.41 mi14, Newry Avenue, Felixstowe, Suffolk IP11 7RZ3

Local Rents

12 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20004/240.07 miQueen Street, Walton3
£1,10004/240.08 miGraham Road, Felixstowe3
£85005/240.15 miAngel Cottage, Felixstowe3
£85005/240.15 miAngel Cottage, Felixstowe3
£1,05005/240.16 miMaidstone Road, FELIXSTOWE3
£1,00006/240.16 miMaidstone Road, Felixstowe3
£1,27504/240.22 miChester Road, Felixstowe3
£1,05005/240.23 miHigh Road West, Felixstowe, IP113
£1,45004/240.43 miWalton Hall Drive, Trimley IP113
£1,30005/240.47 miBigod Terrace, Felixstowe, IP113
£1,29504/240.47 miCollett Road3
£99504/240.48 miReedland Way, Felixstowe, Suffolk, IP113

Local Area Statistics

Population in IP11

29,290

Population in Felixstowe

29,294

Town centre distance

0.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

0%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £185,000

June 4, 2024

Sold for £118,000

2011

Sold for £96,000

2004

Floor Plans

Description

  • LIVING ROOM +
  • THREE BEDROOMS +
  • KITCHEN/DINING ROOM +
  • EAST FACING GARDEN +

A three bedroom terraced house requiring some updating. The house has an east facing enclosed rear garden.
The accommodation includes a living room, kitchen/dining room and bathroom on the ground floor. On the first floor there are three bedrooms. 

ENTRANCE HALL The stairs rise to the first floor from this hall. Radiator. 

LIVING ROOM (W) 11' 6" x 11' 6" (3.51m x 3.51m) The focal point of the room is a pretty little cast iron fireplace. Understairs cupboard. Radiator. 

KITCHEN/DINER (S) 14' 9" x 9' 10" (4.5m x 3m) Fitted with a range of wall and base units and a stainless steel sink unit with single drainer. The Alpha Gas Fired Boiler is in a cupboard in the kitchen. There is a range style gas cooker and there is plumbing for a washing machine. 

REAR LOBBY Radiator. Door to bathroom and an external door. 

BATHROOM (E) Fitted with a three piece white suite comprising panel bath, vanity unit with wash basin and Low level WC. Heated Towel rail/radiator. 

LANDING The meter cupboard is on the landing. 

BEDROOM (W) 11' 8" x 10' 9" (3.56m x 3.28m) Built in cupboard and radiator. 

BEDROOM (E) 10 ' 10" x 7' 2" (3.3m x 2.18m) Radiator. 

BEDROOM (E) 7' 3" x 7' 9" (2.21m x 2.36m) Radiator. 

OUTSIDE There is a small enclosed paved area in front of the house.
The enclosed rear garden is principally laid to lawn and faces east. 

ENERGY PERFOMANCE CERTIFICATE The current EPC rating is 67 (D) with a potential of 87 (B) which is valid until 29th May 2031 

COUNCIL TAX BAND Band A.

Agent Details

Diamond Mills & Co, Felixstowe

01394 331695

Next Steps?

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