3 Bed Terraced House, Single Let, Ipswich, IP2 9EQ, £250,000

Downing Close, Ipswich, Suffolk, IP2 9EQ - 1 views - 6 months ago

Sold STC
BTL
~93 m²
+17 photos

ValuationUndervalued

Sold Prices£160K - £650K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£271,091
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£995 - £1,600

Rent Estimate

£996

Running Costs/mo

£1,000

Cashflow/mo

£-4

Cashflow/yr

£-53

Gross Yield

5%

Local Sold Prices

50 sold prices from £160K to £650K, average is £248.8K. £1.4K/m² to £4.9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£184K12/200 mi117, Downing Close, Ipswich, Suffolk IP2 9EQ3
£275K10/200.12 mi4, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£300K04/230.12 mi14, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£366K05/230.13 mi98, Sandringham Close, Ipswich, Suffolk IP2 9DU3
£200K05/210.14 mi158, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£235K06/230.14 mi150, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£160K10/200.16 mi11, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£210K06/230.16 mi56, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£350K06/210.16 mi28, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£357.5K03/210.16 mi40, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£360K08/210.17 mi34, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£315K11/200.18 mi26, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£270K10/200.18 mi14, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£275K01/230.18 mi119, Mallard Way, Ipswich, Suffolk IP2 9LZ3
£285K02/230.19 mi44, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£650K02/210.21 mi263, Belstead Road, Ipswich, Suffolk IP2 9DX3
£250K02/230.22 mi85, Sandpiper Road, Ipswich, Suffolk IP2 9HT3
£240K10/220.25 mi56, Sandpiper Road, Ipswich, Suffolk IP2 9HU3
£247.5K04/230.26 mi84, Plover Road, Ipswich, Suffolk IP2 9ND3
£225K12/220.26 mi29, Plover Road, Ipswich, Suffolk IP2 9ND3
£285K07/230.26 mi46, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£250K03/210.26 mi37, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£220K03/210.27 mi62, Mallard Way, Ipswich, Suffolk IP2 9LX3
£200K04/210.28 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£265K11/220.28 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£295K08/220.29 mi22, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£200K11/210.3 mi31, Tern Road, Ipswich, Suffolk IP2 9NJ3
£330K03/210.3 mi18, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£184K12/200.32 mi246, Sheldrake Drive, Ipswich, Suffolk IP2 9NF3
£262K09/210.33 mi22, Dawnbrook Close, Ipswich, Suffolk IP2 9JW3
£195K07/210.33 mi10, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£251K01/230.33 mi29, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£199K06/210.34 mi153, Fountains Road, Ipswich, Suffolk IP2 9SN3
£253K03/210.35 mi18, Evesham Close, Ipswich, Suffolk IP2 9DH3
£215K02/210.35 mi9, Annbrook Road, Ipswich, Suffolk IP2 9JN3
£195K10/210.36 mi37, Fountains Road, Ipswich, Suffolk IP2 9EF3
£255K04/230.36 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£220K03/210.36 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£475K10/220.36 mi203, Belstead Road, Ipswich, Suffolk IP2 9DW3
£190K02/230.36 mi37, Dunlin Road, Ipswich, Suffolk IP2 9QE3
£261K07/220.37 mi9, Newark Close, Ipswich, Suffolk IP2 9TS3
£247K11/210.37 mi20, Byland Close, Ipswich, Suffolk IP2 9BQ3
£269K03/230.37 mi20, Byland Close, Ipswich, Suffolk IP2 9BQ3
£195K05/210.37 mi34, Byland Close, Ipswich, Suffolk IP2 9BQ3
£231K02/230.38 mi177, Sheldrake Drive, Ipswich, Suffolk IP2 9JU3
£183K03/210.38 mi73, Sheldrake Drive, Ipswich, Suffolk IP2 9NP3
£210K03/230.38 mi68, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£195K02/210.38 mi14, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£200K07/210.38 mi16, Kittiwake Close, Ipswich, Suffolk IP2 9NT3
£252K02/230.39 mi37, Annbrook Road, Ipswich, Suffolk IP2 9JP3

Local Rents

30 rents from £995/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,60001/250.02 mi-3
£1,00005/240.16 miFitzwilliam Close, Ipswich IP23
£1,09507/240.17 miFitzwilliam Close, Ipswich3
£1,09508/240.17 miFitzwilliam Close, Ipswich3
£1,20007/240.28 miRamsey Road, Ipswich3
£1,35009/240.33 miDawnbrook Close, Ipswich, Suffolk, IP23
£1,20007/240.34 miAnnbrook Road, Ipswich, Suffolk, IP23
£1,25006/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20007/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20008/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20004/240.38 miSheldrake Drive, Ipswich, Suffolk, IP23
£1,25005/240.38 miGlastonbury Close, Ipswich3
£99506/240.4 miAbbotsbury Close, Ipswich3
£1,09509/240.47 miSorrel Close, Ipswich3
£1,25004/240.48 mi-3
£99507/240.48 miFritton Close, IP23
£1,10005/240.48 miFritton Close, Ipswich, Suffolk, IP2 9TE3
£1,05006/240.48 miIrlam Road, IP23
£1,39508/240.48 miIrlam Road, Ipswich, IP23
£1,35008/240.49 mi-3
£1,25008/240.52 miDaffodil Close, Ipswich, Suffolk, IP23
£1,00004/240.52 miHeatherhayes, Ipswich, Suffolk, IP23
£1,20004/240.57 miIpswich3
£1,20007/240.58 miBridgwater Road, IPSWICH3
£1,25007/240.58 miBridgwater Road, IP23
£1,20007/240.58 miBridgwater Road, IP23
£1,10004/240.58 miCanterbury Close, Ipswich, Suffolk, IP23
£1,45003/250.59 mi-3
£1,25008/240.6 miBunting Road3
£1,20008/240.61 miRadcliffe Drive, Ipswich3

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

1.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £250,000

October 23, 2024

Description

  • Spacious entrance hall with ample storage space +
  • Large kitchen/diner with direct access to the rear garden +
  • Bright and airy lounge +
  • Three double bedrooms, two with built-in wardrobes +
  • First-floor bathroom and convenient ground-floor cloakroom +
  • Communal off-road parking area +

Ascot Estate Agency proudly presents this beautifully presented mid-terraced 3-bedroom home that has been recently refurbished throughout, offering modern living spaces that perfectly suit family life. With new carpets fitted upstairs and stylish hard flooring downstairs, this property is move-in ready. Located in the highly sought-after cul-de-sac of Downing Close, just off Cambridge Drive, this home features:

Entrance Porch
Accessed via a double-glazed side door, the porch houses the gas and electric meters and features tiled flooring. A part-glazed, multi-paned door leads into:

Entrance Hallway
A spacious hallway complete with two built-in storage cupboards, a radiator with a stylish cover, and stairs leading to the first floor. The hallway provides access to the living room, kitchen/diner, and:

Cloakroom
Featuring a double-glazed window to the front, this modern cloakroom includes a low flush WC and a hand basin set within a vanity unit. It has been recently updated with floor-to-ceiling marble-effect tiles for a sleek finish.

Living Room (15' x 11' 4")
This light-filled, inviting living room has a double-glazed window overlooking the front, two designer vertical radiators, and newly installed luxury hardwood flooring, adding a touch of elegance to the space.

Kitchen/Diner (14' 1" x 11' 4")
The spacious kitchen/diner serves as the heart of the home, featuring a double-glazed window and door that open directly into the rear garden. The kitchen is fully equipped with a range of wall and base cabinets, offering excellent storage, along with a drop-in sink featuring a pull-out mixer tap. There's a gas cooker point, plumbing for a dishwasher, and a dining area that flows effortlessly into the kitchen, perfect for family meals or hosting guests. The room has been tastefully designed with a modern farmhouse style, highlighted by neutral tones, spotlights, brick-effect tiles, hardwood flooring, and a charming feature arch wall.

First Floor Landing
With luxurious new carpeting throughout, the landing includes loft access and a built-in storage cupboard. Doors lead to:

Bedroom 1 (15' x 8' 9")
This generously sized master bedroom includes a double-glazed window to the front, built-in wardrobes, a new carpet, and a radiator.

Bedroom 2 (11' 8" x 8' 5")
A second double bedroom, also facing the front, featuring a built-in cupboard, new carpet, and a radiator.

Bedroom 3 (11' 5" x 10' 8")
This large third bedroom, with its new carpet and a double-glazed window overlooking the rear garden, provides ample space and comfort.

Family Bathroom
The family bathroom is well-appointed with a double-glazed window to the rear. It includes a tiled bath with a mixer tap and shower attachment, a pedestal wash basin with a vanity unit and mixer tap, a low flush WC, a heated towel rail, and contemporary tiled walls. This space has been decorated to a very modern standard.

Outdoor Space

Rear Garden
The private, fully enclosed rear garden is an ideal space for outdoor dining and gardening. Mainly laid to lawn, it also has a patio area and a rear gate providing access to communal parking.

Front Garden
Mainly laid to lawn, with a built-in storage cupboard and a pathway leading to the entrance door, the front garden enhances the home's curb appeal.

Parking
The property benefits from access to a communal parking area, providing off-road parking for residents.

Location
Positioned in the sought-after residential area on the southwest side of Ipswich, this home offers easy access to an array of local amenities. The property is particularly well-located for families, with The Willows Primary School and Nursery just a short walk away, as well as several other schools, parks, and shopping facilities nearby. The vibrant Ipswich Town Centre is within easy reach, providing excellent shopping and leisure opportunities, including the Buttermarket and Sailmakers Shopping Centres, Cardinal Park Leisure Complex, and The Regent Theatre. Ipswich Marina, with its bustling bars and restaurants, offers a scenic retreat, while Ipswich Mainline Station provides direct access to London Liverpool Street, ideal for commuters. The A12/A14 roads are also conveniently close, connecting you to Bury St. Edmunds, Colchester, Chelmsford, Felixstowe, and beyond.

Council Tax Band: B
EPC: C

Agents Notes:

Section 21 Applies as owner works for the estate agents

Agent Details

Ascot Estate Agency, Martlesham

01473 611460

Next Steps?

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