2 Bed Flat, Single Let, Ipswich, IP1 2BN, £140,000

Portman Road, Ipswich, IP1 2BN - 6 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£105K - £322.5K
Sold Prices/m²£1.7K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£153,663
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,500

Total Cash In

£43,500

 

 

Cash Out

 

Rent Range

£695 - £2,000

Rent Estimate

£850

Running Costs/mo

£628

Cashflow/mo

£223

Cashflow/yr

£2,670

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £105K to £322.5K, average is £135K. £1.7K/m² to £4.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£150K02/210.2 mi72, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£162.5K04/210.2 mi58, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£170K06/210.2 mi54, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£122.5K03/210.2 mi92, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£137K12/210.26 mi70, Compair Crescent, Ipswich, Suffolk IP2 0EH2
£127K09/210.27 mi4, Compair Crescent, Ipswich, Suffolk IP2 0EH2
£135K02/230.27 mi58, Compair Crescent, Ipswich, Suffolk IP2 0EH2
£140K03/230.27 mi68, Compair Crescent, Ipswich, Suffolk IP2 0EH2
£161K09/210.28 mi15, St Nicholas Court, Ipswich, Suffolk IP1 1TG2
£130K11/220.29 mi62, Compair Crescent, Ipswich, Suffolk IP2 0EH2
£139K11/220.29 mi53, Reavell Place, Ipswich, Suffolk IP2 0ET2
£121K05/210.3 mi50, Holman Court, Ipswich, Suffolk IP2 0ES2
£137.5K10/220.3 mi42, Holman Court, Ipswich, Suffolk IP2 0ES2
£121K05/210.31 mi50, Holman Court, Ipswich, Suffolk IP2 0ES2
£130K05/210.31 mi46, Holman Court, Ipswich, Suffolk IP2 0ES2
£132.5K02/210.31 mi6, Holman Court, Ipswich, Suffolk IP2 0ES2
£120K02/230.31 mi34, Holman Court, Ipswich, Suffolk IP2 0ES2
£137.5K12/220.33 mi54, Holman Court, Ipswich, Suffolk IP2 0ES2
£150K10/220.33 mi95, Compair Crescent, Ipswich, Suffolk IP2 0EJ2
£123.5K10/200.33 mi117, Compair Crescent, Ipswich, Suffolk IP2 0EJ2
£110K04/210.33 mi101, Compair Crescent, Ipswich, Suffolk IP2 0EJ2
£190.5K09/210.37 miFlat 3, Burlingham House, Ancaster Road, Ipswich, Suffolk IP2 9AJ2
£142K05/230.4 mi49, Cullingham Road, Ipswich, Suffolk IP1 2EG2
£137.5K04/230.41 mi31, Seymour Road, Ipswich, Suffolk IP2 8EN2
£108K11/210.42 mi88, Vernon Street, Ipswich, Suffolk IP2 8JB2
£120K01/230.5 miFlat B, Chilton Court, Belstead Avenue, Ipswich, Suffolk IP2 8NS2
£320K04/210.55 mi155, Stoke Quay, Ipswich, Suffolk IP2 8SN2
£135K11/210.6 mi6, Bruff Road, Ipswich, Suffolk IP2 8GY2
£123.5K04/210.6 mi32, Maidenhall Approach, Ipswich, Suffolk IP2 8NX2
£105K11/210.6 mi47, Bramford Road, Ipswich, Suffolk IP1 2LU2
£167.5K11/220.62 miFlat F, 26, Fonnereau Road, Ipswich, Suffolk IP1 3JP2
£110K12/200.65 mi88, Bruff Road, Ipswich, Suffolk IP2 8GX2
£128K12/220.65 mi102, Bruff Road, Ipswich, Suffolk IP2 8GX2
£115K08/210.68 mi18, Silk Street, Ipswich, Suffolk IP4 2PA2
£115K09/210.68 mi42, Wellington Street, Ipswich, Suffolk IP1 2NZ2
£322.5K06/230.68 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£315K07/230.68 mi39, Neptune Square, Ipswich, Suffolk IP4 1QH2
£290K02/210.68 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£167K01/210.68 mi10, Neptune Square, Ipswich, Suffolk IP4 1QH2
£255K06/210.68 mi48, Neptune Square, Ipswich, Suffolk IP4 1QH2
£110K12/200.68 mi184, Yeoman Close, Ipswich, Suffolk IP1 2QB2
£110K10/210.68 mi25, Sinclair Drive, Ipswich, Suffolk IP2 8HZ2
£134K10/220.68 mi16, Silk Street, Ipswich, Suffolk IP4 2PA2
£120K11/200.72 mi134, Yeoman Close, Ipswich, Suffolk IP1 2QE2
£120K11/200.72 mi134, Yeoman Close, Ipswich, Suffolk IP1 2QE2
£153.5K12/220.73 mi43, Bruff Road, Ipswich, Suffolk IP2 8GS2
£160K05/230.73 mi35, Sagehayes Close, Ipswich, Suffolk IP2 9SQ2
£151.5K12/200.82 mi53, Pownall Road, Ipswich, Suffolk IP3 0DN2
£140K11/210.86 mi239, Duke Street, Ipswich, Suffolk IP3 0BX2
£133K09/220.86 mi93, Pownall Road, Ipswich, Suffolk IP3 0DA2

Local Rents

51 rents from £695/mo to £2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,15004/240.01 miPortman Road, Ipswich, Suffolk, IP12
£2,00003/250.19 mi-2
£1,00007/240.2 miPooleys Yard, Centrums Court, IP22
£92504/240.21 miPooleys Yard, Ipswich, Suffolk, IP22
£89505/240.21 miWolsey Street, Ipswich2
£87504/240.21 miWolsey Street, Ipaxis2
£98505/240.21 miWolsey Street, Ipswich2
£1,10001/240.21 miWentworth House, Burrell Road2
£1,25001/240.21 miWentworth House, Ipswich2
£80005/240.21 miBurrell Road, Ipswich, IP22
£97501/250.22 mi-2
£69504/240.24 miPrinces Street, Ipswich, IP12
£99504/240.24 mi2-3 Friars Courtyard, 30-32 Princes Street, Ipswich, Suffolk, IP12
£1,15004/250.24 mi-2
£90004/240.26 miMuseum Street, 9 Museum Street, IP12
£95004/240.26 miPrinces Street, Ipswich, IP12
£99504/240.27 mi-2
£95007/240.27 miReavell Place, Ipswich2
£1,00005/240.28 miReavell Place, Ipswich2
£95007/240.28 miReavell Place, Ipswich, Suffolk2
£95008/240.28 miReavell Place, Ipswich, Suffolk2
£1,00008/240.28 miReavell Place, IPSWICH2
£95007/240.29 miReavall Place, Ipswich2
£95007/240.29 miReavall Place, Ipswich2
£92503/240.29 mi-2
£92511/240.29 mi-2
£1,20006/240.3 miMuseum Street, Ipswich2
£1,10004/240.3 miMuseum Street, Ipswich2
£1,20005/240.3 miMuseum Street, IPSWICH2
£88507/240.31 miHolman Court, Ipswich2
£88508/240.31 miHolman Court, Ipswich2
£90005/240.31 miGippeswyk Road, Ipswich2
£90004/240.31 miSt. Peters Street, Ipswich, IP12
£1,20005/240.31 miElm Street, Ipswich2
£89505/240.31 miGaskell Place, Ipswich2
£1,10005/240.31 miArcade Street, IPSWICH2
£1,10008/240.31 miRanelagh Road, Ipswich2
£87508/240.31 miGaskell Place, IPSWICH2
£1,10004/240.32 miArcade Street, Ipswich2
£98512/240.32 mi-2
£98512/240.32 mi-2
£86504/240.33 miCompair Crescent, Ipswich2
£90007/240.33 miCompair Crescent, Ipswich, IP22
£95005/240.34 miBurlington Road, Ipswich2
£90005/240.34 miGippeswyk Avenue, Ipswich2
£85005/240.35 miHeart of Town Centre2
£90007/240.36 miBroomwade Close, Ipswich2
£1,10008/240.36 miPhilip Road, IPSWICH2
£85002/250.36 mi-2
£89506/240.37 miThe Mill2
£92505/240.38 miStoke Street, IP2, Ipswich2

Local Area Statistics

Population in IP1

39,363

Population in Ipswich

219,393

Town centre distance

0.93 miles away

Nearest school

0.30 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £140,000

March 28, 2025

Listed for £150,000

October 4, 2024

Floor Plans

Description

  • HIGH CEILINGS +
  • SPACIOUS LIVING AREA +
  • SEPARATE DINING AREA +
  • LARGE KITCHEN +
  • BALCONY OVERLOOKING IPSWICH TOWN FC STADIUM +
  • ALLOCATED PARKING +

Welcome to an exquisite two-bedroom luxury apartment located in the heart of Ipswich town center, offering an unparalleled living experience with a stunning outlook over the Ipswich Town FC Stadium. This sophisticated residence combines modern elegance with convenience, making it the perfect urban retreat.

Upon entering, you are greeted by a spacious open-plan living area, featuring floor-to-ceiling windows that frame breathtaking views of the stadium, creating a unique and vibrant atmosphere. The interior is thoughtfully designed with high-end finishes and premium materials, including sleek hardwood flooring and contemporary fixtures throughout.

The gourmet kitchen is a culinary delight, equipped with top-of-the-line integrated appliances, bespoke cabinetry, and a stylish breakfast bar. It seamlessly flows into the living and dining space, making it ideal for both relaxing and entertaining.

The generously sized bedroom is a haven of comfort, featuring plush carpeting, built-in wardrobes, and large windows that allow for plenty of natural light. The bathroom is a masterpiece of design, boasting luxurious tiling, a spacious walk-in shower, and designer fittings.

Adding to the appeal is allocated parking, a rare and highly sought-after feature in the town center, ensuring convenience and peace of mind. The apartment is situated in a secure, modern building with lift access and offers proximity to an array of shops, restaurants, and cultural attractions.

Whether you're a football enthusiast or simply seeking a luxurious living space in a prime location, this apartment offers a unique opportunity to experience the best of Ipswich living with the excitement of live sports right on your doorstep.

Agent Details

haart, Ipswich

01473 943783

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪