3 Bed Terraced House, Single Let, Ipswich, IP4 2GA, £265,000

Meridian Rise, Ipswich, Suffolk, IP4 2GA - 3 views - 10 months ago

Sold STC
BTL
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£147K - £385K
Sold Prices/m²£1.8K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.8K/m²

Value Estimate

£251,272

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,250

Stamp Duty & Legal Fees

£9,900

Total Cash In

£76,150

 

 

Cash Out

 

Rent Range

£925 - £3,800

Rent Estimate

£950

Running Costs/mo

£1,038

Cashflow/mo

£-88

Cashflow/yr

£-1,057

Gross Yield

4%

Local Sold Prices

50 sold prices from £147K to £385K, average is £244K. £1.8K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£220K01/210.11 mi6, Braeburn Close, Ipswich, Suffolk IP4 2GB3
£300K07/230.13 mi169, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£272.5K03/230.13 mi155, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£333K07/230.15 mi217, Woodbridge Road, Ipswich, Suffolk IP4 2QS3
£305K03/230.16 mi40, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£275K02/210.16 mi59, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£243K07/210.16 mi38, Tuddenham Avenue, Ipswich, Suffolk IP4 2HE3
£205K02/230.16 mi11, North Hill Road, Ipswich, Suffolk IP4 2PW3
£253.4K11/220.16 mi258, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£220K10/200.17 mi123, Lacey Street, Ipswich, Suffolk IP4 2PL3
£193.5K04/210.18 mi230, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£225K12/200.18 mi226, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£200K06/210.19 mi199, Woodbridge Road, Ipswich, Suffolk IP4 2PD3
£285K06/210.19 mi71, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£325K03/230.2 mi75, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£170K11/200.2 mi23, Parade Road, Ipswich, Suffolk IP4 4BH3
£200K05/230.2 mi21, Parade Road, Ipswich, Suffolk IP4 4BH3
£210K03/230.21 mi50, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£218K07/230.21 mi60, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£285K07/210.21 mi115a, Belvedere Road, Ipswich, Suffolk IP4 4AD3
£245K02/210.21 mi106, Belvedere Road, Ipswich, Suffolk IP4 4AD3
£280K11/200.21 mi86, Belvedere Road, Ipswich, Suffolk IP4 4AD3
£290K10/210.22 mi68, Brunswick Road, Ipswich, Suffolk IP4 4BP3
£195K03/210.22 mi21, Brunswick Road, Ipswich, Suffolk IP4 4BP3
£165K07/230.24 mi33, Belle Vue Road, Ipswich, Suffolk IP4 2RG3
£147K03/210.24 mi26, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£147.6K04/210.24 mi44, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£335K12/200.25 mi76, Tuddenham Road, Ipswich, Suffolk IP4 2SX3
£375K06/230.25 mi68, Tuddenham Road, Ipswich, Suffolk IP4 2SX3
£202K08/210.25 mi174, Woodbridge Road, Ipswich, Suffolk IP4 2PB3
£305K12/200.25 mi72, Woodbridge Road, Rushmere St Andrew, Ipswich, Suffolk IP4 5RA3
£212.5K02/210.25 mi59, Lacey Street, Ipswich, Suffolk IP4 2PH3
£218K11/200.25 mi56, Lacey Street, Ipswich, Suffolk IP4 2PH3
£380K07/230.26 mi9, Vermont Road, Ipswich, Suffolk IP4 2SR3
£215K04/210.26 mi37, Lacey Street, Ipswich, Suffolk IP4 2PH3
£220K04/230.26 mi67, Lacey Street, Ipswich, Suffolk IP4 2PH3
£225K12/200.27 mi2, Whitby Road, Ipswich, Suffolk IP4 4AE3
£167K11/200.27 mi20, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£355K06/230.27 mi13, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£230K05/210.27 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£225K12/200.27 mi58, Hervey Street, Ipswich, Suffolk IP4 2ET3
£250K02/230.27 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£380K11/200.28 mi65, Tuddenham Road, Ipswich, Suffolk IP4 2SU3
£300K11/220.28 mi7, Upton Close, Ipswich, Suffolk IP4 2QQ3
£385K02/210.28 mi133, Woodbridge Road, Ipswich, Suffolk IP4 2PF3
£275K01/230.29 mi27, Warwick Road, Ipswich, Suffolk IP4 2QE3
£276K04/230.29 mi25, Warwick Road, Ipswich, Suffolk IP4 2QE3
£362.5K06/210.29 mi84, Tuddenham Road, Ipswich, Suffolk IP4 2SZ3
£292K12/220.3 mi59, Alexandra Road, Ipswich, Suffolk IP4 2RL3
£217.5K05/230.3 mi8, Khartoum Road, Ipswich, Suffolk IP4 4EX3

Local Rents

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

RentDateDistanceAddressBeds 
£97512/240.12 mi-3
£1,00005/240.12 miHayhill Road, Ipswich, IP43
£1,00006/240.12 mi-3
£99506/240.14 mi-3
£1,25006/240.15 miTuddenham Avenue, Ipswich, Suffolk, IP43
£1,20007/240.16 miTuddenham Avenue, Ipswich3
£1,17504/240.16 miBelvedere Road, Ipswich3
£1,20006/240.16 miWoodbridge Road, Ipswich, IP4 2QU3
£1,30006/240.2 miTuddenham Avenue3
£92507/240.24 miCemetery Road, Ipswich, Suffolk, UK, IP43
£99504/240.24 miNorfolk Road, Ipswich3
£1,20007/240.24 miBelle Vue Road, Ipswich, IP43
£97503/240.25 mi-3
£97503/240.25 mi-3
£1,19506/240.25 miBelvedere Road, Ipswich, IP43
£1,10001/240.26 miLacey Street, Ipswich, Suffolk, IP43
£1,20008/240.26 miLacey Street3
£1,20008/240.26 miLacey Street3
£1,20008/240.27 miHervey Street, Ipswich, IP43
£1,10010/240.27 mi-3
£1,35004/240.27 miHervey Street, Ipswich, IP43
£1,30007/240.29 miSt Anthonys Crescent, Ipswich, IP43
£1,35006/240.31 miTuddenham Road, Ipswich, IP43
£1,20004/240.36 mi-3
£1,20004/250.36 mi-3
£1,30006/240.38 miMeadowvale Close, Ipswich, IP43
£1,17507/240.38 miSpring Road, Ipswich3
£95007/240.39 miMeadow Vale Close, Ipswich3
£1,10010/240.4 mi-3
£95006/240.41 miSpring Road, Ipswich3
£95006/240.41 miSpring Road, Ipswich3
£1,20004/240.43 mi-3
£1,25007/240.43 mi-3
£1,20008/240.44 miOxford Road, Ipswich, IP43
£1,10004/240.44 miChapel Mews, 46A Bolton Lane, Ipswich, Suffolk, IP43
£1,20007/240.46 miGrove Lane, Ipswich, IP43
£1,10005/240.46 miKings Avenue, Ipswich3
£1,20008/240.46 miKings Avenue, Ipswich, IP43
£1,30004/240.47 miSt. Margarets Green, Ipswich3
£1,20006/240.47 miNelson Road, Ipswich, Suffolk, IP43
£1,39511/240.47 mi-3
£1,29508/240.51 miStradbroke Road, Ipswich, IP43
£1,29510/240.51 mi-3
£3,80007/240.54 mi-3
£3,80008/240.54 mi-3
£95004/240.57 miClifford Road, IP43
£1,00007/240.57 miClifford Road, Ipswich, Suffolk3
£99504/240.57 miUpland Road, Ipswich, IP43
£99507/240.57 miUpland Road, Ipswich, IP43
£1,35004/240.58 mi-3
£1,40004/240.58 mi-3
£97501/240.59 miWellesley Road,Ipswich,IP43
£1,37504/240.59 mi-3

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.36 miles away

Nearest school

0.10 miles away

Nearest train station

0.99 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £265,000

June 27, 2024

Description

    • Three good sized bedrooms +
    • Lounge +
    • Fitted kitchen +
    • Integrated appliances +
    • Bathroom +
    • Downstairs Cloakroom +

Ascot estate agents are delighted to offer for sale this spacious and well planned three-bedroom town house. Situated in a desirable location east of Ipswich, this property is being sold with no onward chain. Local shops and Ipswich town center are within easy walking distance, as are local primary and high schools.

Outside courtesy light, front door leading to hallway.

HALLWAY:
Smoke alarm, one radiator, fire door to garage, stairs to first floor.

DOWNSTAIRS W/C:
Pedestal hand wash basin, low level W/C, extractor fan, one radiator.

KITCHEN/DINER: 15'10" x 8'8"
Double glazed window and french doors to rear, range of base and eye level cupboards, worktop with stainless steel sink and mixer taps, integrated fridge/freezer, dishwasher and washing machine, electric hob, stainless steel extractor hood, oven below, wall mounted cupboard housing boiler for heating and hot water, LED lights, one radiator.

FIRST FLOOR LANDING:
Smoke alarm, one radiator, stairs to second floor.

FIRST FLOOR W/C:
Double glazed window to front, low level W/C, pedestal hand wash basin, 2 downlights, laminated floor.

LOUNGE (FIRST FLOOR): 15'9" narrowing to 8'9" x 13'5 narrowing to 8'8"
Double glazed window and Juliette balcony to rear, two radiators.

BEDROOM 2: 11'2 "x 8'0"
Double glazed Juliette balcony to front.

SECOND FLOOR LANDING:
Access to loft space, airing cupboard with fitted water tank and immersion heater, door to bathroom.

BATHROOM:
Enclosed bath, separate shower cubical, low-level W/C, pedestal hand wash basin, four downlights, extractor fan, one radiator.

MASTER BEDROOM: 15'10 x 8'5"
Two double glazed windows to rear, built in double wardrobes with hanging space and shelving, one radiator, door to bathroom.

OUTSIDE:
Front - Open plan, access to single integral garage.
Rear - paved patio, laid to lawn, shrubs and plants to boarders, timber shed to remain.

Agent Details

Ascot Estate Agency, Martlesham

01473 611460

Next Steps?

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