3 Bed Terraced House, Refurb/BRRR, Ipswich, IP1 4LD, £210,000

44 Kensington Road, Ipswich, IP1 4LD - 7 views - 9 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~85 m²
+7 photos

ValuationFair Value

Sold Prices£168K - £460K
Sold Prices/m²£1.6K/m² - £4.6K/m²

 

 

Square Metres

~85.10 m²
Price/m²£2.5K/m²

Value Estimate

£210,557

 

 

End Value (After Refurb)

£218,427

Uplift in Value

+-1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,800

Refurb Costs

£39,642

Bridging Loan Interest

£5,513

Total Cash In

£107,204

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£218,427

Mortgage (After Refinance)

£163,821

Mortgage LTV

75%

Cash Released

£6,321

Cash Left In

£100,884

Equity

£54,607

Rent Range

£895 - £3,750

Rent Estimate

£1,218

Running Costs/mo

£946

Cashflow/mo

£272

Cashflow/yr

£3,262

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £168K to £460K, average is £230K. £1.6K/m² to £4.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£230K12/200.01 mi32, Kensington Road, Ipswich, Suffolk IP1 4LD3
£254K06/230.04 mi7, Kensington Road, Ipswich, Suffolk IP1 4LB3
£205K01/210.04 mi7, Kensington Road, Ipswich, Suffolk IP1 4LB3
£232K11/200.04 mi97, Kensington Road, Ipswich, Suffolk IP1 4LB3
£185K12/200.04 mi99, Kensington Road, Ipswich, Suffolk IP1 4LB3
£355K06/230.06 mi10, Westholme Road, Ipswich, Suffolk IP1 4HH3
£245K12/220.08 mi14, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£220K09/210.12 mi18, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£252K06/230.12 mi17, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£270K06/210.12 mi56, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£230K01/210.12 mi46, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£202K01/210.12 mi6, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£230K12/220.13 mi362, Norwich Road, Ipswich, Suffolk IP1 4EJ3
£325K12/220.14 mi32, Dales View Road, Ipswich, Suffolk IP1 4HL3
£285K09/210.14 mi32, Silverdale Close, Ipswich, Suffolk IP1 4JF3
£240K01/210.14 mi6, Springfield Lane, Ipswich, Suffolk IP1 4EL3
£305K09/220.15 mi32, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£252.3K12/220.15 mi29, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£250K06/210.15 mi28, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£183K04/210.15 mi59, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£217.5K03/210.16 mi55, Sherrington Road, Ipswich, Suffolk IP1 4HT3
£198K09/210.16 mi33, Kitchener Road, Ipswich, Suffolk IP1 4DT3
£190K12/200.16 mi18, Kitchener Road, Ipswich, Suffolk IP1 4DT3
£185K04/230.16 mi24, Kitchener Road, Ipswich, Suffolk IP1 4DT3
£200K06/210.18 mi38, Richmond Road, Ipswich, Suffolk IP1 4DP3
£250K02/230.19 mi61, Richmond Road, Ipswich, Suffolk IP1 4DW3
£289K02/230.19 mi34, Brookfield Road, Ipswich, Suffolk IP1 4EN3
£222K03/210.19 mi3, Silverdale Close, Ipswich, Suffolk IP1 4JF3
£185K02/210.21 mi31, All Saints Road, Ipswich, Suffolk IP1 4DG3
£220K08/210.21 mi39, Springfield Lane, Ipswich, Suffolk IP1 4EW3
£460K07/230.21 mi9, Westwood Avenue, Ipswich, Suffolk IP1 4EQ3
£215K11/210.23 mi59, All Saints Road, Ipswich, Suffolk IP1 4DG3
£260K01/230.23 mi22, All Saints Road, Ipswich, Suffolk IP1 4DG3
£220K03/210.23 mi39, All Saints Road, Ipswich, Suffolk IP1 4DG3
£425K11/220.23 mi14, Westwood Avenue, Ipswich, Suffolk IP1 4EQ3
£380K04/230.25 mi15, Park View Road, Ipswich, Suffolk IP1 4HN3
£175K12/210.25 mi210, Bramford Road, Ipswich, Suffolk IP1 4AW3
£185K11/210.25 mi90, Bramford Lane, Ipswich, Suffolk IP1 4DQ3
£216.5K11/220.25 mi92, Bramford Lane, Ipswich, Suffolk IP1 4DQ3
£232K11/200.26 mi31, Princedale Close, Ipswich, Suffolk IP1 4JG3
£180K09/210.27 mi75, Surbiton Road, Ipswich, Suffolk IP1 4AX3
£180K01/210.27 mi223, Bramford Lane, Ipswich, Suffolk IP1 4ER3
£229K07/230.27 mi18, Blenheim Road, Ipswich, Suffolk IP1 4EB3
£295K06/230.27 mi23, Pine View Road, Ipswich, Suffolk IP1 4HR3
£168K03/210.28 mi11, Cromer Road, Ipswich, Suffolk IP1 5ER3
£280K01/230.28 mi10, Ashcroft Road, Ipswich, Suffolk IP1 6AA3
£175K04/210.28 mi23, Pine View Road, Ipswich, Suffolk IP1 4HR3
£290K05/210.28 mi8, Pine Avenue, Ipswich, Suffolk IP1 4HW3
£233K12/220.29 mi75, Bramford Lane, Ipswich, Suffolk IP1 4DF3
£340K07/210.3 mi6, Valley Road, Ipswich, Suffolk IP1 4ED3

Local Rents

34 rents from £895/mo to £3.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,45004/240.15 miBroom Hill Road, IPSWICH3
£1,29505/240.25 miPine Avenue, Ipswich3
£1,12504/240.25 miBramford Lane, IPSWICH3
£95003/240.28 miCromer Road, Ipswich, Suffolk, IP13
£92504/240.31 miBramford Lane, Ipswich3
£1,40011/240.31 mi-3
£1,25006/240.31 miPutney Close, IPSWICH3
£1,05005/240.36 miAshcroft Road, Ipswich, IP13
£1,40011/230.36 mi-3
£95004/240.36 miKingston Road, Ipswich3
£90003/240.38 miBramford Road, Ipswich3
£1,00006/240.4 miBramford Road, Ipswich3
£1,20012/240.41 mi-3
£1,20003/250.41 mi-3
£3,75007/240.42 mi-3
£1,30010/240.42 mi-3
£99506/240.43 miBramford Lane, Ipswich3
£99506/240.43 miBramford Lane, Ipswich3
£1,19504/240.43 miBramford Road, Ipswich, Suffolk, IP13
£1,30004/250.44 mi-3
£92501/240.44 mi-3
£1,00004/240.44 miBramford Road, IP1, Ipswich 3
£1,15002/240.5 mi-3
£89504/240.52 miWallace Road, Ipswich, Suffolk, IP13
£98504/240.53 mi-3
£1,15004/240.53 miWallace Road, IPSWICH3
£1,10004/240.53 miChesterfield Drive, Ipswich, IP13
£1,40005/240.54 miSproughton Road, Ipswich, IP13
£1,00005/240.57 miBulwer Road, Ipswich3
£1,00005/240.57 miBulwer Road3
£1,27512/240.59 mi-3
£1,35012/240.59 mi-3
£1,05012/240.59 mi-3
£1,40003/240.59 miAshcroft Road, Ipswich3

Local Area Statistics

Population in IP1

39,363

Population in Ipswich

219,393

Town centre distance

1.53 miles away

Nearest school

0.20 miles away

Nearest train station

1.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £210,000

December 4, 2024

Price changed to £220,000

September 25, 2024

Listed for £230,000

July 8, 2024

Floor Plans

Description

HAMILTON SMITH Ipswich are pleased to offer this THREE bedroom double bay house situated on the popular Dales development within walking distance of Broomhill Park. This SPACIOUS family house benefits from an entrance hall, 2 reception rooms, 1st floor bathroom, double glazed windows, front & rear gardens. Now in need of updating and offered with NO CHAIN.

Ipswich - Ipswich is the county town of Suffolk and provides a comprehensive range of educational, commercial and recreational facilities and an excellent link to London Liverpool Street Railway Station (about 70 mins). The town has two shopping centres, shops, restaurants, bars, two multi screen cinemas, music & entertainment venues and many sports clubs and societies. The Waterfront docks has an on going regeneration providing an excellent marina, recently built high tech University & college, restaurants, bars and residential development.

Door To -

Entrance Hall: - Stairs off, doors off.

Lounge: - 3.71m x 3.20m (12'2 x 10'6) - Double glazed bay window to front, picture rail and a gas fire (not tested).

Dining Room: - 3.66m x 3.00m (12 x 9'10) - Double glazed window to rear, picture rail and a gas fire (not tested)

Kitchen: - 2.69m x 2.46m (8'10 x 8'1) - Double glazed window to rear, door to outside. Built in pantry. Range of wall and base units, sink and drainer, work top and space for appliances.

1st Floor Landing: - Doors off.

Bedroom One: - 3.66m x 3.12m (12 x 10'3) - Double glazed window to rear, feature ornamental fire place and picture rail.

Bedroom Two: - Double glazed bay window to front, feature ornamental fire place and picture rail.

Bedroom Three: - 2.36m x 2.26m (7'9 x 7'5) - Double glazed window to front and picture rail.

Bathroom: - Double glazed window to rear, bath, W.C, hand wash basin.

Outside: - Front garden with steps upto front door.

The rear garden is mainly lawn and has a brick built shed and WC.

Ipswich Office: - 7 Great Colman Street, Ipswich, IP4 2AA TO VIEW PLEASE CALL or email
Please check current COVID-19 guidelines.

Agent Details

Hamilton Smith, Ipswich

01473 943920

Next Steps?

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