2 Bed Terraced House, Single Let, Ipswich, IP2 8DQ, £150,000

37 Turin Street, Ipswich, Suffolk, IP2 8DQ - 7 views - 7 months ago

BTL

ROI: 4%

62 m²

+6 photos

ValuationUndervalued

Sold Prices	£100K - £290K
Sold Prices/m²	£1.3K/m² - £3.7K/m²

Square Metres	62 m²
Price/m²	£2.4K/m²
Value Estimate	£157,460£157,460
BMV	2%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£5,850£5,850
Total Cash In	£43,350£43,350

Cash Out
Rent Range	£650 - £2,600£650 - £2,600
Rent Estimate	£825
Running Costs/mo	£654£654
Cashflow/mo	£171£171
Cashflow/yr	£2,055£2,055
ROI	5%5%
Gross Yield	7%7%

Local Sold Prices

50 sold prices from £100K to £290K, average is £175.3K. £1.3K/m² to £3.7K/m², average is £2.6K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£123K	05/21	0.02 mi	20, Turin Street, Ipswich, Suffolk IP2 8DQ	-	-	2	Terraced House
£121.5K	05/21	0.03 mi	33, Pauline Street, Ipswich, Suffolk IP2 8DN	£2,170	56	2	Terraced House
£143K	07/21	0.05 mi	31, Pauline Street, Ipswich, Suffolk IP2 8DN	£2,509	57	2	Semi-Detached House
£143K	07/21	0.05 mi	31, Pauline Street, Ipswich, Suffolk IP2 8DN	£2,509	57	2	Semi-Detached House
£125K	11/22	0.05 mi	17, Pauline Street, Ipswich, Suffolk IP2 8DN	£2,155	58	2	Terraced House
£135K	06/21	0.05 mi	10, Pauline Street, Ipswich, Suffolk IP2 8DN	£2,500	54	2	Terraced House
£130K	10/22	0.05 mi	62, Pauline Street, Ipswich, Suffolk IP2 8DL	-	-	2	Terraced House
£177.5K	07/21	0.06 mi	5, Brickfield Close, Ipswich, Suffolk IP2 8HJ	-	-	2	Terraced House
£112K	06/23	0.08 mi	30, Tyler Street, Ipswich, Suffolk IP2 8HF	-	-	2	Terraced House
£167K	12/20	0.09 mi	2, Littles Crescent, Ipswich, Suffolk IP2 8DP	£2,493	67	2	Terraced House
£203K	11/22	0.09 mi	52, Littles Crescent, Ipswich, Suffolk IP2 8DP	£2,884	70	2	Terraced House
£130K	02/21	0.09 mi	4, Ashley Street, Ipswich, Suffolk IP2 8DS	£1,940	67	2	Terraced House
£145K	06/21	0.1 mi	1, Ashley Street, Ipswich, Suffolk IP2 8DS	-	-	2	Terraced House
£167.5K	05/23	0.1 mi	11, Bradley Street, Ipswich, Suffolk IP2 8DU	£2,377	70	2	Terraced House
£100K	12/22	0.13 mi	23, Bulstrode Road, Ipswich, Suffolk IP2 8HA	-	-	2	Terraced House
£140K	12/20	0.14 mi	104, Wherstead Road, Ipswich, Suffolk IP2 8JP	£1,918	73	2	Semi-Detached House
£220K	02/23	0.15 mi	18, Seymour Road, Ipswich, Suffolk IP2 8EN	£2,716	81	2	Terraced House
£215K	02/23	0.15 mi	88, Rectory Road, Ipswich, Suffolk IP2 8EQ	£2,363	91	2	Terraced House
£225K	12/22	0.18 mi	35, Martin Road, Ipswich, Suffolk IP2 8BJ	£2,813	80	2	Terraced House
£170K	07/23	0.19 mi	18, Philip Road, Ipswich, Suffolk IP2 8BH	£2,361	72	2	Terraced House
£170K	07/21	0.2 mi	16, Sinclair Drive, Ipswich, Suffolk IP2 8HZ	£2,698	63	2	Terraced House
£163K	02/21	0.25 mi	26, Philip Road, Ipswich, Suffolk IP2 8BQ	£2,268	72	2	Terraced House
£140K	03/23	0.35 mi	24, Maidenhall Approach, Ipswich, Suffolk IP2 8NX	£2,414	58	2	Terraced House
£200K	08/21	0.56 mi	154, Heatherhayes, Ipswich, Suffolk IP2 9SG	£3,704	54	2	Terraced House
£240K	02/23	0.56 mi	129, Heatherhayes, Ipswich, Suffolk IP2 9SG	£3,582	67	2	Terraced House
£212K	08/21	0.6 mi	141, Back Hamlet, Ipswich, Suffolk IP3 8AW	£2,585	82	2	Semi-Detached House
£260K	03/23	0.62 mi	2, Yew Court, Ipswich, Suffolk IP2 9TU	-	-	2	Detached House
£220K	02/23	0.69 mi	1, Thornhayes Close, Ipswich, Suffolk IP2 9SB	£3,099	71	2	Terraced House
£190K	11/21	0.69 mi	12, Mitre Way, Ipswich, Suffolk IP3 8DH	£3,230	59	2	Terraced House
£215K	02/23	0.7 mi	20, Mitre Way, Ipswich, Suffolk IP3 8DH	£3,679	58	2	Terraced House
£177.5K	06/21	0.7 mi	6, Mitre Way, Ipswich, Suffolk IP3 8DH	£3,019	59	2	Terraced House
£190K	06/21	0.71 mi	11, Heatherhayes, Ipswich, Suffolk IP2 9DE	£2,639	72	2	Terraced House
£290K	03/23	0.73 mi	10, Oulton Road, Ipswich, Suffolk IP3 0QD	-	-	2	Detached House
£200K	12/22	0.75 mi	49, Ranelagh Road, Ipswich, Suffolk IP2 0AD	£2,869	70	2	Semi-Detached House
£160K	03/21	0.75 mi	70, Woodbridge Road, Ipswich, Suffolk IP4 2NG	£2,540	63	2	Terraced House
£180K	02/21	0.75 mi	176, Ranelagh Road, Ipswich, Suffolk IP2 0AB	£1,343	134	2	Terraced House
£168.5K	01/21	0.78 mi	13, Cobbold Street, Ipswich, Suffolk IP4 2DN	£3,009	56	2	Terraced House
£190K	04/21	0.83 mi	12, Arthurs Terrace, Ipswich, Suffolk IP4 2NN	£2,184	87	2	Terraced House
£130K	11/20	0.84 mi	24, Cemetery Road, Ipswich, Suffolk IP4 2EP	£2,125	61	2	Terraced House
£179K	06/21	0.85 mi	18, Lancaster Road, Ipswich, Suffolk IP4 2NY	£3,196	56	2	Terraced House
£230K	07/23	0.85 mi	46, St Georges Street, Ipswich, Suffolk IP1 3LH	£2,644	87	2	Semi-Detached House
£230K	12/20	0.85 mi	21, Palmerston Road, Ipswich, Suffolk IP4 2NU	£2,556	90	2	Semi-Detached House
£180K	07/21	0.85 mi	63, Hawke Road, Ipswich, Suffolk IP3 0JD	£2,903	62	2	Semi-Detached House
£229K	07/21	0.86 mi	25, Nacton Road, Ipswich, Suffolk IP3 0NE	£2,544	90	2	Semi-Detached House
£160K	12/20	0.88 mi	126, Robeck Road, Ipswich, Suffolk IP3 0HU	£2,133	75	2	Semi-Detached House
£165K	05/23	0.88 mi	20, Hervey Street, Ipswich, Suffolk IP4 2ES	£2,742	60	2	Terraced House
£235K	06/21	0.89 mi	66, Lacey Street, Ipswich, Suffolk IP4 2PH	£2,701	87	2	Semi-Detached House
£177.5K	06/23	0.89 mi	7, Finchley Road, Ipswich, Suffolk IP4 2HX	£2,731	65	2	Terraced House
£148K	06/23	0.89 mi	20, Finchley Road, Ipswich, Suffolk IP4 2HX	£1,922	77	2	Terraced House
£173K	01/21	0.9 mi	18, Finbars Walk, Ipswich, Suffolk IP4 1HY	£3,089	56	2	Terraced House

Local Rents

49 rents from £650/mo to £2.6K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£2,600	05/24	0.04 mi	-	2	Terraced House
£825	08/24	0.05 mi	Pauline Street, Ipswich, IP2	2	Flat
£900	04/24	0.06 mi	Hartley Street, Ipswich, Suffolk, IP2	2	Terraced House
£1,000	01/24	0.07 mi	Hartley Street, Ipswich	2	Terraced House
£900	04/24	0.09 mi	Croft Street, Ipswich, IP2	2	Terraced House
£1,100	04/24	0.09 mi	-	2	Terraced House
£900	04/24	0.1 mi	Austin Street, Ipswich, Suffolk	2	Terraced House
£900	05/24	0.1 mi	Austin Street, Ipswich, Suffolk	2	Terraced House
£900	06/24	0.1 mi	Austin Street, Ipswich, Suffolk	2	Terraced House
£950	07/24	0.11 mi	Bruff Road, Ipswich, Suffolk, IP2	2	Flat
£795	06/24	0.12 mi	Shelley Street, Ipswich, IP2	2	Flat
£1,100	12/24	0.15 mi	-	2	Terraced House
£1,000	07/24	0.19 mi	Stoke Quay, IP2	2	Flat
£950	08/24	0.19 mi	Stoke Quay, Ipswich, IP2	2	Flat
£925	05/24	0.2 mi	Stoke Street, IP2, Ipswich	2	Terraced House
£1,100	07/24	0.2 mi	Martin Road, Ipswich, IP2	2	Terraced House
£975	04/24	0.2 mi	-	2	Terraced House
£975	03/24	0.2 mi	-	2	Terraced House
£985	08/24	0.2 mi	Stoke Quay, Ipswich	2	Flat
£985	09/24	0.2 mi	Stoke Quay, Ipswich	2	Flat
£875	04/24	0.22 mi	Wherstead Road, Ipswich, Suffolk, IP2	2	Flat
£850	06/24	0.22 mi	Wherstead Road, Ipswich	2	Flat
£900	06/24	0.22 mi	Wherstead Road, Ipswich, Suffolk, IP2	2	Flat
£650	06/24	0.23 mi	Apt Wherstead Road, Ipswich, IP2	2	Flat
£850	08/24	0.23 mi	Wherstead Road, Ipswich, IP2	2	Flat
£850	08/24	0.23 mi	Wherstead Road, Ipswich, IP2	2	Flat
£825	06/24	0.23 mi	Rapier Street, IP2	2	Flat
£850	07/24	0.23 mi	Rapier Street, Ipswich, IP2	2	Flat
£900	08/24	0.23 mi	Bruff Road, Ipswich	2	Flat
£1,100	08/24	0.25 mi	Philip Road, IPSWICH	2	Terraced House
£800	04/24	0.25 mi	Stokebridge Maltings, Ipswich, IP2	2	Flat
£950	08/24	0.3 mi	Cowell Street, Ipswich, Suffolk, IP2	2	Terraced House
£1,600	04/24	0.3 mi	The Winerack, Penthouse Apartment	2	Flat
£950	08/24	0.31 mi	Cranfield Mill, College Street, Ipswich	2	Flat
£1,600	04/24	0.32 mi	Key Street, The Winerack Key Street, IP4	2	Flat
£850	07/24	0.32 mi	The Mill, College Street, Ipswich, Suffolk, IP4	2	Flat
£1,250	08/24	0.32 mi	The Shamrock, Ipswich	2	Flat
£1,050	04/24	0.32 mi	College Street, IPSWICH	2	Flat
£1,000	04/24	0.32 mi	Foundry The Mill, College Street, Ipswich	2	Flat
£1,100	06/24	0.32 mi	Key Street, IPSWICH	2	Flat
£1,300	09/24	0.32 mi	Key Street, IPSWICH	2	Flat
£1,450	06/24	0.32 mi	Winerack Apartments, Key Street, Ipswich	2	Flat
£825	01/24	0.32 mi	Belstead Avenue, Ipswich, Suffolk, IP2	2	Flat
£1,000	01/24	0.33 mi	Key Street, Ipswich	2	Flat
£1,100	05/24	0.33 mi	The Winerack, Ipswich	2	Flat
£1,150	09/24	0.33 mi	The Winerack, Key Street, Ipswich	2	Flat
£1,150	04/25	0.33 mi	-	2	Flat
£895	06/24	0.34 mi	The Mill	2	Flat
£1,200	04/24	0.35 mi	-	2	Flat

Local Area Statistics

Population in IP2	30,99730,997
Population in Ipswich	219,393219,393
Town centre distance	0.82 miles away0.82 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.51 miles away0.51 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-1%-1%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+28%+28%

Property History

Price changed to £150,000

December 27, 2024

Listed for £155,000

September 24, 2024

Sold for £82,000

2013

Sold for £69,000

2010

Sold for £65,000

2009

Sold for £17,500

1997

Sold for £30,950

1996

Floor Plans

Description

No Onward Chain +
New Boiler Installed Late 2023 +
2 Bedroom Terrace +
South Ipswich +
Gas Central Heating +
Double Glazing +
Kitchen Extended out +
First Floor Bathroom +

No Onward Chain - 2 Bedroom Mid Terrace with Kitchen extension located on the South Side of Ipswich - Benefiting from Gas Central Heating, Double Glazing. Open plan Living/Dining Room. Kitchen, 2 First floor bedrooms and a bathroom. Courtyard style rear garden. Good access to A14 and walking distance to Town, Waterfront and Station.

Agent Details

Beagle Property, Ipswich

01473 943766

Next Steps?

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