3 Bed Detached House, Single Let, Felixstowe, IP11 7SJ, £325,000

4 Garrison Lane, Felixstowe, Suffolk, IP11 7SJ - 6 months ago

BTL
123 m²
+9 photos

ValuationUndervalued

Sold Prices£165K - £670K
Sold Prices/m²£1.5K/m² - £8.4K/m²

 

 

Square Metres

123 m²
Price/m²£2.6K/m²

Value Estimate

£375,833
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£14,700

Total Cash In

£95,950

 

 

Cash Out

 

Rent Range

£850 - £2,700

Rent Estimate

£886

Running Costs/mo

£1,213

Cashflow/mo

£-327

Cashflow/yr

£-3,922

Gross Yield

3%

Local Sold Prices

50 sold prices from £165K to £670K, average is £301K. £1.5K/m² to £8.4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£280K01/210.05 mi3, Riby Road, Felixstowe, Suffolk IP11 7QB3
£215K07/210.13 mi31, Holland Road, Felixstowe, Suffolk IP11 2AZ3
£347.5K03/230.13 mi60, Orwell Road, Felixstowe, Suffolk IP11 7PY3
£323K06/230.15 mi9, Waveney Road, Felixstowe, Suffolk IP11 2NT3
£202.5K10/210.16 mi36, Russell Road, Felixstowe, Suffolk IP11 2BG3
£232.5K12/200.16 mi42, Russell Road, Felixstowe, Suffolk IP11 2BG3
£460K12/220.16 mi57, Garrison Lane, Felixstowe, Suffolk IP11 7RR3
£340K09/210.16 mi49, Garrison Lane, Felixstowe, Suffolk IP11 7RR3
£335K02/210.16 mi17, Chaucer Road, Felixstowe, Suffolk IP11 7RS3
£305K10/200.16 mi27, Chaucer Road, Felixstowe, Suffolk IP11 7RS3
£275K12/210.16 mi12, Deben Way, Felixstowe, Suffolk IP11 2NS3
£670K05/230.19 mi13, South Hill, Felixstowe, Suffolk IP11 2AA3
£255.5K10/220.22 mi31, Butley Road, Felixstowe, Suffolk IP11 2NY3
£330K05/210.22 mi37, Mill Lane, Felixstowe, Suffolk IP11 7RT3
£385K05/210.22 miGrange View, Tower Road, Felixstowe, Suffolk IP11 7PR3
£232K09/210.25 mi1, Stour Avenue, Felixstowe, Suffolk IP11 2NP3
£240K02/210.27 mi67, Elizabeth Way, Felixstowe, Suffolk IP11 2PQ3
£395K09/210.28 mi6, Arwela Road, Felixstowe, Suffolk IP11 2DG3
£387.5K05/210.28 mi8, Arwela Road, Felixstowe, Suffolk IP11 2DG3
£262.5K01/210.28 mi18, Arwela Road, Felixstowe, Suffolk IP11 2DG3
£263K06/210.31 mi3, Marina Gardens, Felixstowe, Suffolk IP11 2HW3
£260K03/230.33 mi78, Queens Road, Felixstowe, Suffolk IP11 7PE3
£320K02/210.35 mi17, Manwick Road, Felixstowe, Suffolk IP11 2DQ3
£360K06/210.35 mi11, Newry Avenue, Felixstowe, Suffolk IP11 7RZ3
£385K02/210.35 mi24, Newry Avenue, Felixstowe, Suffolk IP11 7RZ3
£385K11/200.35 mi14, Newry Avenue, Felixstowe, Suffolk IP11 7RZ3
£450K08/210.37 mi22, Princes Gardens, Felixstowe, Suffolk IP11 7RH3
£305K11/200.37 mi6, St Edmunds Road, Felixstowe, Suffolk IP11 2DJ3
£297K06/210.37 mi12, St Edmunds Road, Felixstowe, Suffolk IP11 2DJ3
£232.5K12/200.38 mi111, Coronation Drive, Felixstowe, Suffolk IP11 2PB3
£385K05/210.41 mi89, Mill Lane, Felixstowe, Suffolk IP11 2LN3
£220K05/210.41 mi114, Mill Lane, Felixstowe, Suffolk IP11 2LL3
£233K06/210.43 mi25, Vicarage Road, Felixstowe, Suffolk IP11 2LR3
£265K07/230.43 mi7, Vicarage Road, Felixstowe, Suffolk IP11 2LR3
£399.9K08/210.45 mi109, Garrison Lane, Felixstowe, Suffolk IP11 7RE3
£255K10/200.46 mi1, Highfield Road, Felixstowe, Suffolk IP11 7BZ3
£247.5K03/210.46 mi5, Highfield Road, Felixstowe, Suffolk IP11 7BZ3
£335K11/200.47 mi4, Leopold Road, Felixstowe, Suffolk IP11 7NN3
£260K08/210.47 mi47, Dovedale, Felixstowe, Suffolk IP11 2PL3
£287K03/230.47 mi43, Dovedale, Felixstowe, Suffolk IP11 2PL3
£430K02/210.48 mi5, Nursery Walk, Felixstowe, Suffolk IP11 7TE3
£243K04/210.48 mi17, Valley Walk, Felixstowe, Suffolk IP11 7TD3
£250K06/210.5 mi1, Newbourne Gardens, Felixstowe, Suffolk IP11 2PW3
£650K04/230.5 mi2, Hamilton Gardens, Felixstowe, Suffolk IP11 7ES3
£222K04/230.5 mi147, Coronation Drive, Felixstowe, Suffolk IP11 2PD3
£315K06/230.51 mi155, Grange Road, Felixstowe, Suffolk IP11 2PZ3
£165K02/210.51 mi5, Beach Station Road, Felixstowe, Suffolk IP11 2DR3
£305K11/200.52 mi7, Queens Road, Felixstowe, Suffolk IP11 7QT3
£385K02/210.52 mi25, Queens Road, Felixstowe, Suffolk IP11 7QT3
£250K05/230.53 mi207, Grange Road, Felixstowe, Suffolk IP11 2QB3

Local Rents

25 rents from £850/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£2,70011/230.08 mi-3
£95012/240.11 mi-3
£1,19504/240.13 miHolland Road, Felixstowe3
£1,00004/240.23 mi-3
£1,10005/240.27 miKingsfleet Road, Felixstowe3
£1,20004/240.59 miOrford Road, Felixstowe3
£1,15012/230.6 mi-3
£1,27504/240.61 miChester Road, Felixstowe3
£1,10003/250.63 mi-3
£1,15004/240.65 miFerry Lane, Felixstowe, IP113
£1,25003/240.67 miWesel Avenue, Felixstowe3
£1,05005/240.67 miHigh Road West, Felixstowe, IP113
£1,35004/240.68 miTollemache Walk, Felixstowe3
£1,00005/240.7 miGainsborough Road, Felixstowe3
£1,10004/240.73 miGraham Road, Felixstowe3
£1,02004/240.79 miLanger Road, Felixstowe, Suffolk, IP113
£1,20004/240.82 miQueen Street, Walton3
£1,05005/240.87 miMaidstone Road, FELIXSTOWE3
£1,00006/240.87 miMaidstone Road, Felixstowe3
£85005/240.9 miAngel Cottage, Felixstowe3
£85005/240.9 miAngel Cottage, Felixstowe3
£99504/240.92 miReedland Way, Felixstowe, Suffolk, IP113
£1,29504/241.04 miCollett Road3
£1,45004/241.05 miWalton Hall Drive, Trimley IP113
£1,30005/241.05 miBigod Terrace, Felixstowe, IP113

Local Area Statistics

Population in IP11

29,290

Population in Felixstowe

29,294

Town centre distance

0.50 miles away

Nearest school

0.40 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

0%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £325,000

October 8, 2024

Sold for £153,500

2013

Sold for £154,000

2009

Sold for £170,000

2008

Sold for £123,000

2002

Sold for £52,500

1995

Floor Plans

Description

  • Detached House +
  • Elevated Position +
  • Walking Distance To Beach Front +
  • Three Bedrooms +
  • Two Reception Rooms +
  • Courtyard Style Garden +

A well presented three bedroom detached cottage style property situated in an elevated position within walking distance of the Felixstowe beach front. The accommodation comprises, entrance hall, lounge/diner, modern fitted kitchen and sitting room. The first floor offers, master bedroom two further bedrooms and bathroom. Outside the property is approached via a flight of steps leading to the front door, with a side gate leading to the fully enclosed courtyard style rear garden with a range of garden storage sheds. The property benefits uPvc double glazed window and gas fired central heating via radiator.

Agent Details

Nicholas Estates, Felixstowe

01394 331588

Next Steps?

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