3 Bed Terraced House, Single Let, Ipswich, IP4 4RP, £230,000

16 Arcade Street, Ipswich, Suffolk, IP1 1EP - 8 months ago

Sold STC
BTL
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£163.5K - £680K
Sold Prices/m²£1.8K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£260,179
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£950 - £1,690

Rent Estimate

£950

Running Costs/mo

£929

Cashflow/mo

£21

Cashflow/yr

£255

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £163.5K to £680K, average is £252.5K. £1.8K/m² to £4.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£180K05/230.01 mi47, Leopold Road, Ipswich, Suffolk IP4 4RP3
£295K03/210.11 mi66, Leopold Road, Ipswich, Suffolk IP4 4RN3
£305K06/230.11 mi92, Leopold Road, Ipswich, Suffolk IP4 4RN3
£420K09/210.11 mi33, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£237.5K01/230.12 mi41, Rushbury Close, Ipswich, Suffolk IP4 4RB3
£191.3K08/210.14 mi79, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£208K12/200.14 mi81, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£340K01/230.15 mi4, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£207.5K09/210.16 mi57, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£360K09/210.16 mi66, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£213.5K10/220.16 mi32, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£258K09/210.16 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£235K01/210.16 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£218K08/210.16 mi41, Reading Road, Ipswich, Suffolk IP4 4NR3
£220K04/210.17 mi58, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£219K06/210.17 mi20, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£425K09/210.18 mi45, Sidegate Avenue, Ipswich, Suffolk IP4 4JH3
£325K10/200.18 mi43, Sidegate Avenue, Ipswich, Suffolk IP4 4JH3
£680K01/230.18 mi112, Rushmere Road, Ipswich, Suffolk IP4 4JX3
£225K02/230.2 mi19, Reading Road, Ipswich, Suffolk IP4 4NP3
£280K05/230.2 mi4, Roundwood Road, Ipswich, Suffolk IP4 4LX3
£185K12/200.21 mi79, Roundwood Road, Ipswich, Suffolk IP4 4LY3
£192K11/200.21 mi154, Roundwood Road, Ipswich, Suffolk IP4 4LY3
£315K01/210.21 mi201, Colchester Road, Ipswich, Suffolk IP4 4SL3
£218K02/210.21 mi709, Woodbridge Road, Ipswich, Suffolk IP4 4NB3
£163.5K12/200.22 mi189, Colchester Road, Ipswich, Suffolk IP4 4SL3
£390K05/230.22 mi152, Colchester Road, Ipswich, Suffolk IP4 4RS3
£229K06/230.22 mi25, Reading Road, Ipswich, Suffolk IP4 4NP3
£365K06/210.22 mi235, Colchester Road, Ipswich, Suffolk IP4 4SJ3
£260K01/230.22 mi10, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£266K03/230.22 mi20, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£240K03/230.22 mi24, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£320K01/210.23 mi25, Bristol Road, Ipswich, Suffolk IP4 4LP3
£265K06/210.23 mi18, Bristol Road, Ipswich, Suffolk IP4 4LP3
£206K11/200.23 mi803, Woodbridge Road, Ipswich, Suffolk IP4 4NN3
£288K11/210.25 mi175, Colchester Road, Ipswich, Suffolk IP4 4SN3
£295K02/210.25 mi167, Colchester Road, Ipswich, Suffolk IP4 4SN3
£300K04/210.27 mi58, Sidegate Lane, Ipswich, Suffolk IP4 4JA3
£220K11/210.27 mi831, Woodbridge Road, Ipswich, Suffolk IP4 4NS3
£500K11/220.28 mi33, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QD3
£241K06/210.28 mi44, Kirby Street, Ipswich, Suffolk IP4 4PT3
£325K10/200.28 mi137, Sidegate Lane, Ipswich, Suffolk IP4 4JE3
£220K10/200.29 mi57, Sidegate Lane, Ipswich, Suffolk IP4 4HY3
£310K08/210.3 mi29, Sidegate Lane, Ipswich, Suffolk IP4 4HU3
£225.5K02/210.31 mi21, Howard Street, Ipswich, Suffolk IP4 4PL3
£240K03/230.32 mi19, Sidegate Lane, Ipswich, Suffolk IP4 4HS3
£250K07/210.32 mi54, Hutland Road, Ipswich, Suffolk IP4 4HQ3
£180K02/210.32 mi17, Milton Street, Ipswich, Suffolk IP4 4PP3
£299.9K12/200.33 mi31, Lancing Avenue, Ipswich, Suffolk IP4 4DG3
£255K11/200.33 mi12, Crozier Mews, Ipswich, Suffolk IP4 4PA3

Local Rents

33 rents from £950/mo to £1.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,19507/240.01 miLEOPOLD ROAD, Ipswich, IP43
£1,05010/230.14 mi-3
£1,05002/250.14 mi-3
£1,07003/250.14 mi-3
£1,30004/240.15 miNorbury Road, IPSWICH3
£1,29510/240.24 mi-3
£1,29508/240.24 miStradbroke Road, Ipswich, IP43
£1,35004/240.27 mi-3
£1,39511/240.35 mi-3
£1,20006/240.35 miNelson Road, Ipswich, Suffolk, IP43
£95007/240.36 miMeadow Vale Close, Ipswich3
£1,30006/240.36 miMeadowvale Close, Ipswich, IP43
£1,30008/240.37 miLancing Avenue, Ipswich, Suffolk, UK, IP43
£1,05009/240.38 mi-3
£1,05009/240.38 miSpring Road, Ipswich, IP43
£1,25001/240.39 miWoodbridge Road, Ipswich3
£1,10012/240.4 mi-3
£95002/240.42 mi-3
£1,25002/240.44 mi-3
£1,47511/240.45 mi-3
£1,69003/250.47 mi-3
£1,20001/240.47 miErnleigh Road, Ipswich, IP43
£1,30004/240.47 miColchester Road, Ipswich3
£1,40004/240.48 mi-3
£99504/240.5 miUpland Road, Ipswich, IP43
£99507/240.5 miUpland Road, Ipswich, IP43
£1,20003/250.55 mi-3
£1,10004/240.55 mi-3
£1,30007/240.56 miSt Anthonys Crescent, Ipswich, IP43
£99507/240.57 miSt Johns Road, Ipswich, IP43
£1,19506/240.58 miBelvedere Road, Ipswich, IP43
£1,17504/240.59 miBelvedere Road, Ipswich3
£1,15008/240.62 miHumber Doucy Lane, Ipswich, IP43

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.94 miles away

Nearest school

0.10 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £230,000

July 30, 2024

Sold for £165,000

2018

Description

  • Delightful three-bedroom end of terrace house +
  • Favourite East Ipswich location +
  • Close proximity to Ipswich Hospital and within Northgate Catchement +
  • Open plan kitchen/diner +
  • Generous rear garden +
  • EPC rating E +

Superbly presented and maintained end terrace house of considerable charm and flair with 3 bedroom accommodation, sitting room of good size, open plan kitchen/diner, upstairs bathroom, generous garden. Northgate Catchment

The Property - Nestled on the sought-after East side of Ipswich, this delightful three bedroom end of terrace house offers a perfect blend of comfort and convenience. Located near the hospital and within the Northgate School catchment area (subject to availability), this property is ideal for families and professionals alike. The house features a lounge, an open plan kitchen/diner, three bedrooms, and an upstairs bathroom. The accommodation includes

On The Ground Floor -

Entrance Hall - approached from Storm Porch and door into the hall, stairs to the first floor, two under-stair storage cupboards,, radiator, and doors to:

Sitting Room - 3.96m x 3.66m (13' x 12') - A cozy room with a log burner/wood store and a double glazed window to the front aspect

Open Plan Kitchen/Diner - 5.44m x 2.77m (17'10" x 9'1") - Equipped with matching base and wall units, an inset sink and drainer, space for a larder-style fridge freezer, cooker, and plumbing for a washing machine. Includes a radiator, two double glazed windows to the rear aspect, a pantry with a double glazed window, and a door opening out onto the rear garden.

On The First Floor -

Landing - Provides loft access and doors to

Master Bedroom - 3.58m x 3.20m (11'9" x 10'6") - built-in cupboards and bedroom furniture, a radiator, and a double glazed window to the front aspect

Bedroom 2 - 3.53m x 2.77m (11'7" x 9'1") - maximum, Includes a built-in cupboard, radiator, and a double glazed window to the rear aspect.

Bedroom 3 - 2.36m x 2.16m (7'9" x 7'1") - Contains a radiator and a double glazed window to the front aspect

Bathroom - 1.83m x 1.83m (6' x 6') - includes a three-piece suite with a low-level WC, pedestal hand wash basin, and bath with shower over. Features an upright towel radiator, fully tiled walls, and a frosted double glazed window to the rear aspect

Charming Outdoor Space - The property boasts a good-sized rear garden with a patio, and a brick built outhouse. Rear access to the garden is available, along with side access leading to the front of the property. The front garden includes a small lawn area and a pathway to the front door.

Services - All mains services connected

Council Tax - Band B

Epc - Rating E

Agent Details

Woodcock & Son, Ipswich

01473 943784

Next Steps?

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