3 Bed Semi-Detached House, Single Let, Ipswich, IP4 5NN, £160,000

280 Spring Road, Ipswich, Suffolk, IP4 5NN - 4 views - 4 months ago

Sold STC
BTL
ROI: 5%
65 m²
+9 photos

ValuationUndervalued

Sold Prices£171K - £500K
Sold Prices/m²£2K/m² - £3.5K/m²

 

 

Square Metres

64.90 m²
Price/m²£2.5K/m²

Value Estimate

£184,265
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,300

Total Cash In

£46,300

 

 

Cash Out

 

Rent Range

£950 - £1,650

Rent Estimate

£950

Running Costs/mo

£710

Cashflow/mo

£240

Cashflow/yr

£2,880

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £171K to £500K, average is £255K. £2K/m² to £3.5K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£171K03/230.03 mi274, Spring Road, Ipswich, Suffolk IP4 5NN3
£188.5K11/220.04 mi302, Spring Road, Ipswich, Suffolk IP4 5NL3
£190K04/210.07 mi38, Upland Road, Ipswich, Suffolk IP4 5BT3
£210K06/230.07 mi38, Upland Road, Ipswich, Suffolk IP4 5BT3
£185K12/200.1 mi16, Ringham Road, Ipswich, Suffolk IP4 5BX3
£322.5K11/200.11 mi75, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QG3
£230K02/230.12 mi139, Cauldwell Hall Road, Ipswich, Suffolk IP4 5BS3
£286K09/210.13 mi14, Gordon Road, Ipswich, Suffolk IP4 4HL3
£275K05/230.13 mi34, Holland Road, Ipswich, Suffolk IP4 4EF3
£240K12/200.13 mi16, Gordon Road, Ipswich, Suffolk IP4 4HL3
£200K12/200.14 mi68, St Johns Road, Ipswich, Suffolk IP4 5DQ3
£345K04/230.14 mi84, St Johns Road, Ipswich, Suffolk IP4 5DG3
£298.8K11/210.15 mi96, Nelson Road, Ipswich, Suffolk IP4 4DU3
£255K08/210.15 mi82, Nelson Road, Ipswich, Suffolk IP4 4DU3
£224K03/210.15 mi48, Holland Road, Ipswich, Suffolk IP4 4EE3
£285K09/210.15 mi45, Tovells Road, Ipswich, Suffolk IP4 4DY3
£500K11/220.16 mi33, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QD3
£228K11/210.16 mi12, Crabbe Street, Ipswich, Suffolk IP4 5HP3
£260K02/210.17 mi11, Tokio Road, Ipswich, Suffolk IP4 5BE3
£185K06/210.17 mi51, St Johns Road, Ipswich, Suffolk IP4 5DE3
£232K08/210.17 mi3, Masons Close, Ipswich, Suffolk IP4 5AF3
£180K04/210.19 mi378, Spring Road, Ipswich, Suffolk IP4 5NE3
£241K06/210.19 mi44, Kirby Street, Ipswich, Suffolk IP4 4PT3
£247K12/200.19 mi33, Tokio Road, Ipswich, Suffolk IP4 5BD3
£240K03/230.2 mi3, Mandy Close, Ipswich, Suffolk IP4 5JE3
£255K02/210.2 mi7, Mandy Close, Ipswich, Suffolk IP4 5JE3
£230K09/210.22 mi16, Burnham Close, Ipswich, Suffolk IP4 4ED3
£219K12/220.22 mi2, Cowper Street, Ipswich, Suffolk IP4 5JD3
£290K07/230.23 mi419, Woodbridge Road, Ipswich, Suffolk IP4 4ER3
£281K11/210.23 mi2, Mandy Close, Ipswich, Suffolk IP4 5JE3
£240K03/230.23 mi19, Sidegate Lane, Ipswich, Suffolk IP4 4HS3
£345K03/210.23 mi14, Weymouth Road, Ipswich, Suffolk IP4 5BB3
£218K02/210.23 mi709, Woodbridge Road, Ipswich, Suffolk IP4 4NB3
£180K02/210.24 mi17, Milton Street, Ipswich, Suffolk IP4 4PP3
£316K11/210.25 mi394, Woodbridge Road, Ipswich, Suffolk IP4 4EU3
£280K05/230.25 mi4, Roundwood Road, Ipswich, Suffolk IP4 4LX3
£187.5K10/200.25 mi377, Woodbridge Road, Ipswich, Suffolk IP4 4ES3
£325K11/210.25 mi403, Woodbridge Road, Ipswich, Suffolk IP4 4ES3
£421.5K11/210.26 mi29, Cowper Street, Ipswich, Suffolk IP4 5JB3
£320K01/210.26 mi25, Bristol Road, Ipswich, Suffolk IP4 4LP3
£265K06/210.26 mi18, Bristol Road, Ipswich, Suffolk IP4 4LP3
£310K08/210.27 mi29, Sidegate Lane, Ipswich, Suffolk IP4 4HU3
£258K09/210.27 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£235K01/210.27 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£255K11/200.28 mi12, Crozier Mews, Ipswich, Suffolk IP4 4PA3
£305K12/200.28 mi8, Allington Close, Ipswich, Suffolk IP4 4HA3
£350K07/230.28 mi9, St Aubyns Road, Ipswich, Suffolk IP4 5AR3
£260K01/230.29 mi10, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£266K03/230.29 mi20, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£240K03/230.29 mi24, Stradbroke Road, Ipswich, Suffolk IP4 4LS3

Local Rents

50 rents from £950/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40004/240.06 mi-3
£99504/240.07 miUpland Road, Ipswich, IP43
£99507/240.07 miUpland Road, Ipswich, IP43
£1,05009/240.11 miSpring Road, Ipswich, IP43
£1,05009/240.11 mi-3
£99507/240.14 miSt Johns Road, Ipswich, IP43
£1,20006/240.15 miNelson Road, Ipswich, Suffolk, IP43
£1,39511/240.15 mi-3
£1,35004/240.17 mi-3
£1,30007/240.27 miSt Anthonys Crescent, Ipswich, IP43
£1,30006/240.27 miCauldwell Hall Road, Ipswich, IP43
£1,30007/240.27 miCauldwell Hall Road, Ipswich, IP43
£1,29508/240.3 miStradbroke Road, Ipswich, IP43
£1,29510/240.3 mi-3
£1,10012/240.3 mi-3
£1,37504/240.31 mi-3
£97501/240.32 miWellesley Road,Ipswich,IP43
£1,10003/250.32 mi-3
£1,25002/240.33 mi-3
£95006/240.34 miSpring Road, Ipswich3
£95006/240.34 miSpring Road, Ipswich3
£1,10010/240.34 mi-3
£95007/240.34 miMeadow Vale Close, Ipswich3
£1,30006/240.34 miMeadowvale Close, Ipswich, IP43
£95002/240.35 mi-3
£1,05010/230.35 mi-3
£1,05002/250.35 mi-3
£1,07003/250.35 mi-3
£95004/240.36 miClifford Road, IP43
£1,00007/240.36 miClifford Road, Ipswich, Suffolk3
£1,20006/240.37 miDarwin Road, Ipswich3
£1,10001/240.37 miDarwin Road, Ipswich, Suffolk, IP43
£1,65008/240.37 mi-3
£1,59507/240.37 miRuskin Road, Ipswich3
£1,45008/240.39 miRuskin Road, Ipswich, Suffolk, IP43
£1,20006/240.41 miWoodbridge Road, Ipswich, IP4 2QU3
£1,20003/250.43 mi-3
£95007/240.43 miRosebery Road, Ipswich, Suffolk, IP43
£1,20007/240.44 miBelle Vue Road, Ipswich, IP43
£1,19507/240.44 miLEOPOLD ROAD, Ipswich, IP43
£1,20005/240.45 miFoxhall Road, Ipswich, Suffolk, IP33
£97506/240.45 miRosebery Road, Ipswich, Suffolk, UK, IP43
£97507/240.45 miRosebery Road, Ipswich, Suffolk, UK, IP43
£1,17504/240.47 miBelvedere Road, Ipswich3
£1,25001/240.48 miWoodbridge Road, Ipswich3
£1,20001/240.48 miErnleigh Road, Ipswich, IP43
£1,05004/240.48 miFoxhall Road, Ipswich3
£1,17507/240.49 miSpring Road, Ipswich3
£1,15004/240.51 miFoxhall Road3
£1,15004/240.51 miFoxhall Road, Ipswich, IP33

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.58 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 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 £160,000

December 27, 2024

Listed for £170,000

November 22, 2024

Sold for £61,000

2001

Floor Plans

Description

  • VACANT WITH NO ONWARD CHAIN +
  • THREE BEDROOM SEMI-DETACHED HOUSE +
  • FRONT AND REAR GARDEN +
  • LOUNGE WITH SEPARATE DINING ROOM +
  • GROUND FLOOR BATHROOM +
  • CLOSE PROXIMITY TO TOWN CENTRE +
  • EASY ACCESS TO A12/A14 +
  • NEW BOILER INSTALLED IN JANUARY 2024 +
  • FREEHOLD - COUNCIL TAX BAND A +

VACANT WITH NO ONWARD CHAIN - THREE BEDROOM SEMI-DETACHED HOUSE- FRONT AND REAR GARDEN - NEW BOILER INSTALLED JANUARY 2024 - LOUNGE WITH SEPARATE DINING ROOM - GROUND FLOOR BATHROOM - CLOSE PROXIMITY TO TOWN CENTRE AND LOCAL AMENITIES - EASY ACCESS TO A12 / A14

*FOXHALL ESTATE AGENTS* are delighted to offer for sale with no onward chain this three bedroom semi detached house situated within walking distance to Ipswich town centre and waterfront. The property boasts three bedrooms, ground floor bathroom, lounge, separate dining room, fully enclosed rear garden, easy access to A12 / A14.

The property is situated within the popular Ipswich IP4 postcode area which gives you access to Ipswich town centre, waterfront and local bus routes as well as plenty of local amenities including supermarkets, good school catchments (subject to availability).

In the valuer's opinion with the property being offered with no onward chain an early internal viewing is highly advised as not to miss out.

Front Garden - Enclosed via a mid-height brick wall with a Victorian style tiled pathway leading to the front door.

Entry via a double glazed uPVC door facing the front with a double glazed window above.

Lounge - 3.05 x 3.61 (10'0" x 11'10") - Double glazed window facing the front, a radiator and a door to the inner lobby.

Inner Lobby - Access to the stairs and a door to the dining room.

Dining Room - 3.02 x 3.60 (9'10" x 11'9") - Double glazed window facing the front, coving, access to an understairs cupboard, radiator, laminate flooring and a door to the kitchen.

Kitchen - 2.49 x 1.96 (8'2" x 6'5") - Double glazed window to side, wall and base units with cupboards and drawers, laminate flooring, built in electric oven with an electric hob above, stainless steel single sink unit, plumbing and space for a washing machine, door to bathroom.

Bathroom - 2.53 x 1.96 (8'3" x 6'5") - Double glazed obscure window to the side x 2, extractor fan, lino flooring, radiator, low flush WC, panel bath with hot and cold tap and shower above, pedestal wash hand basin with hot and cold taps.

First Floor Landing - Access to the loft which is not boarded, no light and no ladder, doors to bedrooms one and two.

Bedroom One - 3.08 x 3.64 (10'1" x 11'11") - Double glazed window facing the front, radiator.

Bedroom Two - 3.03 x 3.35 (9'11" x 10'11") - Double glazed window facing the rear, radiator and cupboard housing a Ideal Logic combi boiler (installed January 2024), coving and a door to bedroom three.

Bedroom Three - 2.50 x 1.84 (8'2" x 6'0") - Double glazed window facing the side, radiator.

Rear Garden - Side gate giving you access to the front, outside tap, outside power, fully enclosed 50-60' three tier south facing rear garden with a patio area, split from two areas mostly laid to lawn by railway sleepers, fully enclosed by panel wood fencing.

Agents Note - Tenure - Freehold
Council Tax Band A

Agent Details

Foxhall Estate Agents, Ipswich

01473 943315

Next Steps?

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