2 Bed Flat, Single Let, Ipswich, IP3 9GN, £140,000





ValuationUndervalued
Sold Prices | £122.5K - £332K |
Sold Prices/m² | £1.8K/m² - £3.6K/m² |
| |
Square Metres | 66 m² |
Price/m² | £2.1K/m² |
Value Estimate | £149,810 |
BMV | 7% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £35,000 |
Stamp Duty & Legal Fees | £5,400 |
Total Cash In | £40,400 |
| |
Cash Out | |
Rent Range | £850 - £1,500 |
Rent Estimate | £856 |
Running Costs/mo | £629 |
Cashflow/mo | £227 |
Cashflow/yr | £2,728 |
ROI | 7% |
Gross Yield | 7% |
Local Sold Prices
26 sold prices from £122.5K to £332K, average is £143K. £1.8K/m² to £3.6K/m², average is £2.3K/m².
Local Rents
11 rents from £850/mo to £1.5K/mo, average is £900/mo.
Local Area Statistics
Population in IP3 | 34,308 |
Population in Ipswich | 219,393 |
Town centre distance | 2.45 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.77 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +1% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +9% |
Property History
Listed for £140,000
September 23, 2024
Sold for £99,000
2004
Floor Plans

Description
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