3 Bed Terraced House, Single Let, Ipswich, IP4 2HR, £200,000

Cemetery Road, Ipswich, IP4 2HR - 7 months ago

Auction
BTL
ROI: 3%
~89 m²
+9 photos

ValuationUndervalued

Sold Prices£147K - £385K
Sold Prices/m²£1.8K/m² - £5.7K/m²

 

 

Square Metres

~88.80 m²
Price/m²£2.3K/m²

Value Estimate

£237,004
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£925 - £3,800

Rent Estimate

£975

Running Costs/mo

£840

Cashflow/mo

£135

Cashflow/yr

£1,620

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £147K to £385K, average is £227.5K. £1.8K/m² to £5.7K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£300K07/230.05 mi169, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£272.5K03/230.05 mi155, Cemetery Road, Ipswich, Suffolk IP4 2HL3
£243K07/210.05 mi38, Tuddenham Avenue, Ipswich, Suffolk IP4 2HE3
£147K03/210.09 mi26, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£147.6K04/210.09 mi44, Norfolk Road, Ipswich, Suffolk IP4 2HB3
£220K10/200.11 mi123, Lacey Street, Ipswich, Suffolk IP4 2PL3
£305K12/200.12 mi72, Woodbridge Road, Rushmere St Andrew, Ipswich, Suffolk IP4 5RA3
£212.5K02/210.12 mi59, Lacey Street, Ipswich, Suffolk IP4 2PH3
£218K11/200.12 mi56, Lacey Street, Ipswich, Suffolk IP4 2PH3
£305K03/230.12 mi40, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£275K02/210.12 mi59, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF3
£230K05/210.13 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£225K12/200.13 mi58, Hervey Street, Ipswich, Suffolk IP4 2ET3
£250K02/230.13 mi89, Hervey Street, Ipswich, Suffolk IP4 2ET3
£215K04/210.13 mi37, Lacey Street, Ipswich, Suffolk IP4 2PH3
£220K04/230.13 mi67, Lacey Street, Ipswich, Suffolk IP4 2PH3
£205K02/230.14 mi11, North Hill Road, Ipswich, Suffolk IP4 2PW3
£200K06/210.15 mi199, Woodbridge Road, Ipswich, Suffolk IP4 2PD3
£385K02/210.15 mi133, Woodbridge Road, Ipswich, Suffolk IP4 2PF3
£155K04/210.16 mi19, Hervey Street, Ipswich, Suffolk IP4 2ES3
£202K08/210.16 mi174, Woodbridge Road, Ipswich, Suffolk IP4 2PB3
£333K07/230.17 mi217, Woodbridge Road, Ipswich, Suffolk IP4 2QS3
£380K07/230.18 mi9, Vermont Road, Ipswich, Suffolk IP4 2SR3
£225K08/210.19 mi9, Cemetery Road, Ipswich, Suffolk IP4 2ER3
£300K11/220.2 mi7, Upton Close, Ipswich, Suffolk IP4 2QQ3
£193.5K04/210.21 mi230, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£225K12/200.21 mi226, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£253.4K11/220.22 mi258, Woodbridge Road, Ipswich, Suffolk IP4 2QT3
£167K11/200.22 mi20, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£355K06/230.22 mi13, Alexandra Road, Ipswich, Suffolk IP4 2RH3
£325K03/230.23 mi75, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£182K02/210.23 mi11, Withipoll Street, Ipswich, Suffolk IP4 2BZ3
£285K06/210.23 mi71, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG3
£275K01/230.23 mi27, Warwick Road, Ipswich, Suffolk IP4 2QE3
£276K04/230.23 mi25, Warwick Road, Ipswich, Suffolk IP4 2QE3
£165K07/230.24 mi33, Belle Vue Road, Ipswich, Suffolk IP4 2RG3
£210K03/230.25 mi50, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£218K07/230.25 mi60, Belle Vue Road, Ipswich, Suffolk IP4 2RD3
£220K01/210.26 mi6, Braeburn Close, Ipswich, Suffolk IP4 2GB3
£262K03/210.27 mi44, Bolton Lane, Ipswich, Suffolk IP4 2BT3
£335K12/200.27 mi76, Tuddenham Road, Ipswich, Suffolk IP4 2SX3
£375K06/230.27 mi68, Tuddenham Road, Ipswich, Suffolk IP4 2SX3
£380K11/200.29 mi65, Tuddenham Road, Ipswich, Suffolk IP4 2SU3
£292K12/220.29 mi59, Alexandra Road, Ipswich, Suffolk IP4 2RL3
£170K11/200.34 mi23, Parade Road, Ipswich, Suffolk IP4 4BH3
£200K05/230.34 mi21, Parade Road, Ipswich, Suffolk IP4 4BH3
£210K09/210.35 mi10, Oxford Road, Ipswich, Suffolk IP4 1NL3
£215K03/210.35 mi36, Oxford Road, Ipswich, Suffolk IP4 1NL3
£362.5K06/210.35 mi84, Tuddenham Road, Ipswich, Suffolk IP4 2SZ3
£280K11/200.37 mi86, Belvedere Road, Ipswich, Suffolk IP4 4AD3

Local Rents

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

RentDateDistanceAddressBeds 
£1,00006/240.03 mi-3
£1,00005/240.03 miHayhill Road, Ipswich, IP43
£1,20007/240.05 miTuddenham Avenue, Ipswich3
£97512/240.06 mi-3
£99506/240.08 mi-3
£92507/240.08 miCemetery Road, Ipswich, Suffolk, UK, IP43
£99504/240.09 miNorfolk Road, Ipswich3
£97503/240.1 mi-3
£97503/240.1 mi-3
£1,25006/240.12 miTuddenham Avenue, Ipswich, Suffolk, IP43
£1,10001/240.13 miLacey Street, Ipswich, Suffolk, IP43
£1,20008/240.13 miLacey Street3
£1,20008/240.13 miLacey Street3
£1,20008/240.16 miHervey Street, Ipswich, IP43
£1,10010/240.16 mi-3
£1,35004/240.17 miHervey Street, Ipswich, IP43
£1,30006/240.23 miTuddenham Avenue3
£1,20006/240.24 miWoodbridge Road, Ipswich, IP4 2QU3
£1,20007/240.24 miBelle Vue Road, Ipswich, IP43
£1,20004/240.27 mi-3
£1,20004/250.27 mi-3
£1,20004/240.27 mi-3
£1,25007/240.27 mi-3
£1,10004/240.29 miChapel Mews, 46A Bolton Lane, Ipswich, Suffolk, IP43
£1,30004/240.31 miSt. Margarets Green, Ipswich3
£1,17504/240.32 miBelvedere Road, Ipswich3
£1,17507/240.33 miSpring Road, Ipswich3
£1,20008/240.35 miOxford Road, Ipswich, IP43
£1,35006/240.35 miTuddenham Road, Ipswich, IP43
£1,10005/240.37 miKings Avenue, Ipswich3
£1,20008/240.37 miKings Avenue, Ipswich, IP43
£3,80007/240.38 mi-3
£3,80008/240.38 mi-3
£1,30007/240.38 miSt Anthonys Crescent, Ipswich, IP43
£1,20007/240.39 miGrove Lane, Ipswich, IP43
£1,19506/240.41 miBelvedere Road, Ipswich, IP43
£1,10010/240.41 mi-3
£95006/240.42 miSpring Road, Ipswich3
£95006/240.42 miSpring Road, Ipswich3
£1,30006/240.53 miMeadowvale Close, Ipswich, IP43
£95007/240.53 miMeadow Vale Close, Ipswich3
£1,24012/240.54 mi-3
£95004/240.57 miClifford Road, IP43
£1,00007/240.57 miClifford Road, Ipswich, Suffolk3
£1,20006/240.59 miNelson Road, Ipswich, Suffolk, IP43
£1,39511/240.59 mi-3
£1,15004/240.59 miFoxhall Road3
£1,15004/240.59 miFoxhall Road, Ipswich, IP33
£95007/240.6 miRosebery Road, Ipswich, Suffolk, IP43
£97506/240.6 miRosebery Road, Ipswich, Suffolk, UK, IP43
£97507/240.6 miRosebery Road, Ipswich, Suffolk, UK, IP43
£97501/240.6 miWellesley Road,Ipswich,IP43
£1,10002/250.6 mi-3

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.28 miles away

Nearest school

0.20 miles away

Nearest train station

1 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 £200,000

January 31, 2025

Listed for £245,000

September 27, 2024

Floor Plans

Description

  • Being Sold By GOTO Online Auction +
  • Buy-It-Now Option Available +
  • Buyer’S Fees Apply +
  • Great First Time Buyer Opportunity +
  • Two Reception Rooms +
  • Three Bedrooms +
  • Ground Floor Bathroom +
  • Low Maintenance Rear Garden +
  • On Street Parking Available +

The Property
GOTO OLINE AUCTIONS OFFER FOR SALE THIS THREE BEDROOM TERRACED PROPERTY IN IPSWICH

Located on Cemetery Road in the heart of Ipswich, this 3-bedroom terraced house offers spacious living with plenty of character and potential. Ideal for first-time buyers, families, or investors, this property provides a fantastic opportunity to create a comfortable home in a convenient town centre location.

  1. 124 has had new roof, 2 upvc doors and 7 windows replaced in 2024.

  2. structural survey done in 2024 with NO subsidence issues.

The ground floor features two generous reception rooms, perfect for creating separate living and dining areas or a versatile family space. Both rooms are filled with natural light and offer the potential to add your personal touch. The kitchen is located towards the rear of the property, providing access to the rear garden. Completing the ground floor is a family bathroom, equipped with essential fittings and ready for a modern update.

Upstairs, the property boasts three well-proportioned bedrooms, each offering a bright and airy space to unwind. The master bedroom is generously sized, with plenty of room for storage, while the two additional bedrooms are perfect for children, guests, or as a home office.

Externally, the property features a low-maintenance rear garden, providing a private outdoor area for relaxing, gardening, or entertaining. On-street parking is available at the front of the property.

Cemetery Road is ideally situated within walking distance of Ipswich town center, where you’ll find a wide range of shops, cafes, restaurants, and leisure facilities. Schools, parks, and medical services are also conveniently located nearby, making it a great area for families.

Transport links are excellent, with easy access to Ipswich train station, which offers regular services to London Liverpool Street, Norwich, and other major destinations. The A14 and A12 are easily accessible, connecting you to the wider Suffolk and East Anglia region.

Property Description
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Being Sold by GOTO Online Auction

Starting Bids from £200,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

Specification
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees

Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market.

Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Ipswich

020 3834 8702

Next Steps?

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