3 Bed Detached House, Single Let, Ipswich, IP4 2GF, £320,000

Meridian Rise, Ipswich, IP4 2GF - 7 months ago

BTL
~86 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

~85.84 m²
Price/m²£3.7K/m²

Value Estimate

£233,925

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£23,200

Total Cash In

£103,200

 

 

Cash Out

 

Rent Range

£925 - £3,800

Rent Estimate

£950

Running Costs/mo

£1,210

Cashflow/mo

£-260

Cashflow/yr

£-3,120

Gross Yield

4%

Local Sold Prices

50 sold prices from £147K to £385K, average is £236.5K. £1.8K/m² to £4.1K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£300K07/230.1 mi169, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£272.5K03/230.1 mi155, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£333K07/230.12 mi217, Woodbridge Road, Ipswich, Suffolk IP4 2QS3
£205K02/230.12 mi11, North Hill Road, Ipswich, Suffolk IP4 2PW3
£220K10/200.12 mi123, Lacey Street, Ipswich, Suffolk IP4 2PL3
£243K07/210.13 mi38, Tuddenham Avenue, Ipswich, Suffolk IP4 2HE3
£253.4K11/220.14 mi258, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£200K06/210.14 mi199, Woodbridge Road, Ipswich, Suffolk IP4 2PD3
£220K01/210.15 mi6, Braeburn Close, Ipswich, Suffolk IP4 2GB3
£193.5K04/210.15 mi230, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£225K12/200.15 mi226, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£305K03/230.15 mi40, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£275K02/210.15 mi59, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£210K03/230.19 mi50, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£218K07/230.19 mi60, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£305K12/200.21 mi72, Woodbridge Road, Rushmere St Andrew, Ipswich, Suffolk IP4 5RA3
£212.5K02/210.21 mi59, Lacey Street, Ipswich, Suffolk IP4 2PH3
£218K11/200.21 mi56, Lacey Street, Ipswich, Suffolk IP4 2PH3
£202K08/210.21 mi174, Woodbridge Road, Ipswich, Suffolk IP4 2PB3
£147K03/210.21 mi26, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£147.6K04/210.21 mi44, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£165K07/230.21 mi33, Belle Vue Road, Ipswich, Suffolk IP4 2RG3
£215K04/210.21 mi37, Lacey Street, Ipswich, Suffolk IP4 2PH3
£220K04/230.21 mi67, Lacey Street, Ipswich, Suffolk IP4 2PH3
£285K06/210.21 mi71, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£325K03/230.22 mi75, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£170K11/200.23 mi23, Parade Road, Ipswich, Suffolk IP4 4BH3
£200K05/230.23 mi21, Parade Road, Ipswich, Suffolk IP4 4BH3
£167K11/200.23 mi20, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£355K06/230.23 mi13, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£300K11/220.24 mi7, Upton Close, Ipswich, Suffolk IP4 2QQ3
£385K02/210.24 mi133, Woodbridge Road, Ipswich, Suffolk IP4 2PF3
£230K05/210.24 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£225K12/200.24 mi58, Hervey Street, Ipswich, Suffolk IP4 2ET3
£250K02/230.24 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£275K01/230.24 mi27, Warwick Road, Ipswich, Suffolk IP4 2QE3
£276K04/230.24 mi25, Warwick Road, Ipswich, Suffolk IP4 2QE3
£380K07/230.25 mi9, Vermont Road, Ipswich, Suffolk IP4 2SR3
£290K10/210.25 mi68, Brunswick Road, Ipswich, Suffolk IP4 4BP3
£195K03/210.25 mi21, Brunswick Road, Ipswich, Suffolk IP4 4BP3
£285K07/210.25 mi115a, Belvedere Road, Ipswich, Suffolk IP4 4AD3
£245K02/210.25 mi106, Belvedere Road, Ipswich, Suffolk IP4 4AD3
£280K11/200.25 mi86, Belvedere Road, Ipswich, Suffolk IP4 4AD3
£292K12/220.27 mi59, Alexandra Road, Ipswich, Suffolk IP4 2RL3
£335K12/200.27 mi76, Tuddenham Road, Ipswich, Suffolk IP4 2SX3
£375K06/230.27 mi68, Tuddenham Road, Ipswich, Suffolk IP4 2SX3
£155K04/210.28 mi19, Hervey Street, Ipswich, Suffolk IP4 2ES3
£380K11/200.29 mi65, Tuddenham Road, Ipswich, Suffolk IP4 2SU3
£225K08/210.3 mi9, Cemetery Road, Ipswich, Suffolk IP4 2ER3
£225K12/200.31 mi2, Whitby Road, Ipswich, Suffolk IP4 4AE3

Local Rents

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

RentDateDistanceAddressBeds 
£97512/240.07 mi-3
£1,00005/240.08 miHayhill Road, Ipswich, IP43
£1,00006/240.08 mi-3
£99506/240.12 mi-3
£1,20007/240.13 miTuddenham Avenue, Ipswich3
£1,25006/240.15 miTuddenham Avenue, Ipswich, Suffolk, IP43
£1,20006/240.15 miWoodbridge Road, Ipswich, IP4 2QU3
£92507/240.19 miCemetery Road, Ipswich, Suffolk, UK, IP43
£1,17504/240.2 miBelvedere Road, Ipswich3
£99504/240.21 miNorfolk Road, Ipswich3
£1,20007/240.21 miBelle Vue Road, Ipswich, IP43
£1,10001/240.21 miLacey Street, Ipswich, Suffolk, IP43
£1,20008/240.21 miLacey Street3
£1,20008/240.21 miLacey Street3
£1,30006/240.22 miTuddenham Avenue3
£97503/240.22 mi-3
£97503/240.22 mi-3
£1,20008/240.25 miHervey Street, Ipswich, IP43
£1,10010/240.25 mi-3
£1,35004/240.25 miHervey Street, Ipswich, IP43
£1,30007/240.29 miSt Anthonys Crescent, Ipswich, IP43
£1,19506/240.3 miBelvedere Road, Ipswich, IP43
£1,20004/240.32 mi-3
£1,20004/250.32 mi-3
£1,35006/240.33 miTuddenham Road, Ipswich, IP43
£1,17507/240.34 miSpring Road, Ipswich3
£1,10010/240.38 mi-3
£1,20004/240.38 mi-3
£95006/240.38 miSpring Road, Ipswich3
£95006/240.38 miSpring Road, Ipswich3
£1,25007/240.38 mi-3
£1,20008/240.39 miOxford Road, Ipswich, IP43
£1,10004/240.4 miChapel Mews, 46A Bolton Lane, Ipswich, Suffolk, IP43
£1,30006/240.41 miMeadowvale Close, Ipswich, IP43
£1,20007/240.42 miGrove Lane, Ipswich, IP43
£1,10005/240.42 miKings Avenue, Ipswich3
£1,20008/240.42 miKings Avenue, Ipswich, IP43
£95007/240.42 miMeadow Vale Close, Ipswich3
£1,30004/240.43 miSt. Margarets Green, Ipswich3
£1,20006/240.49 miNelson Road, Ipswich, Suffolk, IP43
£1,39511/240.49 mi-3
£3,80007/240.5 mi-3
£3,80008/240.5 mi-3
£1,29508/240.54 miStradbroke Road, Ipswich, IP43
£1,29510/240.54 mi-3
£95004/240.54 miClifford Road, IP43
£1,00007/240.54 miClifford Road, Ipswich, Suffolk3
£1,24012/240.57 mi-3
£97501/240.57 miWellesley Road,Ipswich,IP43
£1,10002/250.57 mi-3
£1,37504/240.57 mi-3
£99504/240.57 miUpland Road, Ipswich, IP43
£99507/240.57 miUpland Road, Ipswich, IP43

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £320,000

February 12, 2025

Listed for £330,000

September 15, 2024

Floor Plans

Description

  • 3 Bedroom Link Detached +
  • Cloakroom +
  • Kitchen/Diner +
  • Ensuite to Master Bedroom +
  • Garage and Off Road Parking +
  • No Onward Chain +

Entrance Hall: Front entrance door, tiled flooring, double doors to lounge, understairs storage cupboard, doors to cloakroom and opens to kitchen diner and stairs off.

Cloakroom: Hand wash basin, W.C., tiled floor, and radiator.

Lounge: 15'6" x 11"9" - Window to front and side, TV point, carpeted and radiator.

Kitchen/Diner: 15'6" x 13'1" (max)
Base and eye level cupboards and drawers with work surfaces and up turn splash back, integrated appliances including Fridge/Freezer, Dishwasher, Oven, Hob and extractor, 1 ½ sink drainer, insert spotlights, tiled flooring and window to front aspect, the dinning area has double doors to garden, tiled floor and TV point.

Landing: Loft access.

Bedroom 1: 10'3" x 8'9" (plus door recess)
Window to front aspect and radiator.
Ensuite: Shower with sliding glass door, hand wash basin and W.C. LVT tile effect flooring.

Bedroom 2: 11' x 8'1" - Window to front aspect and radiator

Bedroom 3 9'4" x 7'1" Window to side aspect and radiator.

Bathroom: Panel bath, hand wash basin, W.C. half wall tiled, LVT tile effect flooring and window to front aspect.

Outside:
Front Garden metal fence and gate enclosed with path to front door and mature shrubs.

Rear garden with patio area, raised flower beds and seating area, laid to lawn, personnel door to garage, outside tap and lighting, enclosed with rear access via gate.

Garage: Power and lighting and up/over door.

Council Tax Band C

Agent Details

Blake Mayhew, Ipswich

01473 222202

Next Steps?

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