2 Bed Flat, Single Let, Ipswich, IP1 5BW, £110,000
Dandalan Close, Ipswich, IP1 5BW - 3 views - 7 months ago
Sold STC
Leasehold
BTL
ROI: 10%
~68 m²





+2 photos
ValuationUndervalued
Sold Prices | £64K - £148K |
Sold Prices/m² | £1.6K/m² - £2.7K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £1.6K/m² |
Value Estimate | £137,500 |
BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £27,500 |
Stamp Duty & Legal Fees | £4,500 |
Total Cash In | £32,000 |
| |
Cash Out | |
Rent Range | £750 - £1,700 |
Rent Estimate | £800 |
Running Costs/mo | £524 |
Cashflow/mo | £276 |
Cashflow/yr | £3,315 |
ROI | 10% |
Gross Yield | 9% |
Local Sold Prices
20 sold prices from £64K to £148K, average is £126.9K. £1.6K/m² to £2.7K/m², average is £2.3K/m².
Local Rents
36 rents from £750/mo to £1.7K/mo, average is £963/mo.
Local Area Statistics
Population in IP1 | 39,363 |
Population in Ipswich | 219,393 |
Town centre distance | 2.01 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.44 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +50% |
Sales demand | Balanced market |
Capital growth (5yrs) | +29% |
Property History
Listed for £110,000
August 31, 2024
Floor Plans

Description
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