2 Bed Flat, Single Let, Ipswich, IP3 9QJ, £140,000
1 Hening Avenue, Ipswich, IP3 9QJ - 6 months ago
Leasehold
BTL
ROI: 7%
~68 m²





+7 photos
ValuationUndervalued
Sold Prices | £122.5K - £332K |
Sold Prices/m² | £1.8K/m² - £3.6K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.1K/m² |
Value Estimate | £154,601 |
BMV | 10% |
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 | £866 |
Running Costs/mo | £631 |
Cashflow/mo | £235 |
Cashflow/yr | £2,824 |
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
14 rents from £850/mo to £1.5K/mo, average is £938/mo.
Local Area Statistics
Population in IP3 | 34,308 |
Population in Ipswich | 219,393 |
Town centre distance | 2.29 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.59 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
October 21, 2024
Floor Plans

Description
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