4 Bed Terraced House, Single Let, Felixstowe, IP11 2DY, £305,000

156-158 Hamilton Road, Felixstowe, Suffolk, IP11 7DS - 1 views - 10 months ago

BTL
~129 m²
+10 photos

ValuationUndervalued

Sold Prices£200K - £460K
Sold Prices/m²£2.1K/m² - £3.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.4K/m²

Value Estimate

£364,839
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£76,250

Stamp Duty & Legal Fees

£21,700

Total Cash In

£97,950

 

 

Cash Out

 

Rent Range

£950 - £2,700

Rent Estimate

£1,013

Running Costs/mo

£1,176

Cashflow/mo

£-163

Cashflow/yr

£-1,953

Gross Yield

4%

Local Sold Prices

23 sold prices from £200K to £460K, average is £325K. £2.1K/m² to £3.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£336K10/200.01 mi3, Orford Road, Felixstowe, Suffolk IP11 2DY4
£262.5K03/230.1 mi19, Beach Station Road, Felixstowe, Suffolk IP11 2DR4
£325K01/230.26 mi13, Manor Terrace, Felixstowe, Suffolk IP11 2EN4
£230K11/200.26 mi15, Manor Terrace, Felixstowe, Suffolk IP11 2EN4
£230K11/200.26 mi15, Manor Terrace, Felixstowe, Suffolk IP11 2EN4
£400K08/210.37 mi4, Buregate Road, Felixstowe, Suffolk IP11 2DE4
£200K02/210.39 mi35, Langer Road, Felixstowe, Suffolk IP11 2BN4
£230K05/230.54 mi5, Manning Road, Felixstowe, Suffolk IP11 2AS4
£295K09/210.62 mi2, Lincoln Terrace, Felixstowe, Suffolk IP11 7QA4
£399K03/230.66 mi41, Glemsford Close, Felixstowe, Suffolk IP11 2UQ4
£370K06/230.66 mi47, Glemsford Close, Felixstowe, Suffolk IP11 2UQ4
£285K11/200.76 mi1, Glemsford Close, Felixstowe, Suffolk IP11 2UG4
£305K11/200.76 mi21, Glemsford Close, Felixstowe, Suffolk IP11 2UG4
£258K04/210.76 mi18, Glemsford Close, Felixstowe, Suffolk IP11 2UG4
£342.5K06/210.77 mi37, Garrison Lane, Felixstowe, Suffolk IP11 7RR4
£300K08/210.89 mi158, Chelsworth Road, Felixstowe, Suffolk IP11 2UJ4
£360K09/210.89 mi88, Chelsworth Road, Felixstowe, Suffolk IP11 2UJ4
£350K11/200.9 mi4, Goyfield Avenue, Felixstowe, Suffolk IP11 7RX4
£340K07/230.92 mi1, Ickworth Court, Felixstowe, Suffolk IP11 2XL4
£460K05/230.94 mi94, Garrison Lane, Felixstowe, Suffolk IP11 7RQ4
£330K11/200.96 mi17, Newry Avenue, Felixstowe, Suffolk IP11 7RZ4
£416K12/200.98 mi32, Princes Road, Felixstowe, Suffolk IP11 7QZ4
£290K01/210.99 mi1, Brandon Road, Felixstowe, Suffolk IP11 2XS4

Local Rents

14 rents from £950/mo to £2.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20004/240.05 miOrford Road, Felixstowe3
£1,35004/240.08 miTollemache Walk, Felixstowe3
£1,15012/230.1 mi-3
£1,02004/240.21 miLanger Road, Felixstowe, Suffolk, IP113
£1,19504/240.49 miHolland Road, Felixstowe3
£95012/240.51 mi-3
£2,70011/230.56 mi-3
£1,10005/240.68 miKingsfleet Road, Felixstowe3
£1,25003/240.8 miWesel Avenue, Felixstowe3
£1,00004/240.82 mi-3
£1,15004/240.83 miFerry Lane, Felixstowe, IP113
£1,50005/240.89 miMill Lane, Felixstowe, IP114
£1,10002/251.17 mi-3
£1,27504/241.21 miChester Road, Felixstowe3

Local Area Statistics

Population in IP11

29,290

Population in Felixstowe

29,294

Town centre distance

1.10 miles away

Nearest school

0.20 miles away

Nearest train station

1.26 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

0%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £305,000

June 19, 2024

Floor Plans

Description

  • No Onward Chain +
  • Just A Few Steps From The Beach +
  • Two Private Parking Spaces +
  • Spacious Living Accommodation +
  • Well Presented Throughout +
  • Three Storey Modern Town House +
  • Three / Four Bedrooms +
  • On The Martello Park Development +

Wainwrights are pleased to welcome you to this modern, spacious, and impeccably designed townhouse, in the enviable position within the prestigious Martello Park Development. Constructed in 2015, this exceptional property is now available for sale with no onward chain. Upon entering this impressive home, you are greeted by a welcoming entrance hallway, leading to a well-appointed kitchen and dining area. This in turn opens out to a rear patio, perfect for al-fresco family meals and entertaining. The first floor features a spacious bedroom, a cloakroom and the main living room; which is a light and airy space with a Juliet balcony to the rear & patio doors that flood the room with natural light. The second floor houses the second bedroom, the family bathroom and the luxurious master bedroom, complete with en-suite bathroom. Outside, the property boasts a low-maintenance west facing garden, with raised patio area, ideal for enjoying the warm summer evenings and the fresh coastal air.

Property additional info

Entrance Hallway : 2.05m x 3.93m (6' 9" x 12' 11")

Kitchen/Diner: 4.60m x 3.40m (15' 1" x 11' 2")
Modern fitted kitchen with laminate worktops, matching eye level and base level units and built in appliances. Window to the rear aspect and French doors leading to the outside patio.

Downstairs Cloakroom: 0.98m x 1.65m (3' 3" x 5' 5")
Radiator and white porcelain two piece set consisting of hand wash basin and low level flush wc.

Bedroom Four / Study: 2.70m x 2.50m (8' 10" x 8' 2")
With window to the front aspect and radiator.

First Floor Landing:
Wide enough for a small seating area, or desk. Window to the front aspect and doors leading to:

Reception Room: 4.70m x 3.30m (15' 5" x 10' 10")
Window to the rear aspect, radiator.

First Floor Cloakroom: 0.94m x 1.96m (3' 1" x 6' 5")
Radiator and white porcelain two piece set consisting of hand wash basin and low level flush wc.

Bedroom Three: 3.40m x 2.60m (11' 2" x 8' 6")
Window to front aspect, radiator.

Second Floor Landing:
Storage cupboard and doors to:

Bedroom Two: 3.40m x 2.60m (11' 2" x 8' 6")
Window to rear aspect, radiator.

Family Bathroom: 2.11m x 1.97m (6' 11" x 6' 6")
Opaque window to the rear, towel radiator, three piece bathroom set consisting of: wc, hand wash basin and bath with shower over.

Bedroom One: 3.60m x 3.60m (11' 10" x 11' 10")
Large double bedroom with window to the front aspect, modern built in wardrobes and door leading to En-sute shower room - Window to front aspect, hand wash basin, wc and double sized walk-in shower.

Outside Space: 7.04m x 5.19m (23' 1" x 17' )
There are steps leading up to the front door and the front garden is mainly laid to lawn, with established hedge borders. The low maintenance back garden benefits from a raised patio, offering a large storage space underneath. The remainder of the garden space can be used for parking, via the double gates to the rear, or as additional outdoor space. There is an additional private parking space directly outside the gates.

Additional Information:
Tenure - Freehold EPC Rating - Current is 82B & potential to be 93A Council Tax Band - C (2023/24: £1,787.64) Services - We understand that mains water, drainage, gas and electricity are connected to the property. Property Type - Mid-Terrace House Total Floor Area - 101 square metres Total Plot Size - 128 square metres Wainwrights Estate & Lettings Agent Ltd. Co No. 14699401. Trading Address: 156-158 Hamilton Road, Felixstowe, Suffolk, IP11 7DS. Misrepresentation Act 1967 and Property Misrepresentations Act 1991. This advertisement or these particulars do not constitute any part of an offer or contract. All measurements are given as a guide, and no liability can be accepted for any errors arising from. No responsibility is taken for any other error, omission, or misstatement in these particulars not for any expenses incurred by the applicants for whatever reason. No representation or warranty is made in relation to this property whether in these particulars, during negotiations or otherwise. Intending purchasers will be asked to produce identification documentation and proof of funds at a later stage. Wainwrights has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Construction materials used: Brick and block.

Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Central heating (gas).

Parking Availability: Yes.

Agent Details

Wainwrights Estate & Lettings Agent Ltd, Felixstowe

01394 331172

Next Steps?

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