2 Bed Terraced House, Single Let, Felixstowe, IP11 9BD, £180,000

156-158 Hamilton Road, Felixstowe, Suffolk, IP11 7DS - 4 months ago

Sold STC
BTL
ROI: 2%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£150K - £475K
Sold Prices/m²£2.1K/m² - £5.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£217,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£815 - £1,100

Rent Estimate

£848

Running Costs/mo

£752

Cashflow/mo

£96

Cashflow/yr

£1,151

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £150K to £475K, average is £227.5K. £2.1K/m² to £5.5K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£280K05/230.03 mi154, High Road West, Felixstowe, Suffolk IP11 9BB2
£198K04/210.07 mi40, Graham Road, Felixstowe, Suffolk IP11 9BL2
£255K11/220.15 mi8, Kemsley Road, Felixstowe, Suffolk IP11 9AP2
£242K02/230.22 mi34, Ataka Road, Felixstowe, Suffolk IP11 9DH2
£234K05/230.24 mi30, Church Lane, Felixstowe, Suffolk IP11 9DJ2
£180K02/210.25 mi49, King Street, Felixstowe, Suffolk IP11 9DX2
£150K08/210.25 mi31, King Street, Felixstowe, Suffolk IP11 9DX2
£179K01/210.28 mi75, Maidstone Road, Felixstowe, Suffolk IP11 9EE2
£179K01/210.28 mi75, Maidstone Road, Felixstowe, Suffolk IP11 9EE2
£189K06/210.28 mi89, Maidstone Road, Felixstowe, Suffolk IP11 9EE2
£240K12/220.29 mi183, Maidstone Road, Felixstowe, Suffolk IP11 9EQ2
£166K11/200.29 mi157, Maidstone Road, Felixstowe, Suffolk IP11 9EQ2
£178K06/210.3 mi6, Maidstone Road, Felixstowe, Suffolk IP11 9ED2
£152.5K04/210.31 mi151, Maidstone Road, Felixstowe, Suffolk IP11 9EQ2
£237K05/210.31 mi9, Lawn Way, Felixstowe, Suffolk IP11 7TG2
£205K12/200.31 mi17, Lawn Way, Felixstowe, Suffolk IP11 7TG2
£194K10/200.39 mi17, Grange Close, Felixstowe, Suffolk IP11 2JF2
£345K11/220.39 mi12, Ascot Drive, Felixstowe, Suffolk IP11 9DW2
£195K02/230.45 mi66, St Andrews Road, Felixstowe, Suffolk IP11 7BT2
£325K06/210.46 mi15, Goyfield Avenue, Felixstowe, Suffolk IP11 7RX2
£270K04/210.48 mi46, Queens Road, Felixstowe, Suffolk IP11 7QU2
£475K12/220.52 mi51, Mill Lane, Felixstowe, Suffolk IP11 2NL2
£290K03/230.52 mi46a, Mill Lane, Felixstowe, Suffolk IP11 2NL2
£178.5K12/200.53 mi44, Cricket Hill Road, Felixstowe, Suffolk IP11 2LG2
£215K01/230.54 mi52, Cricket Hill Road, Felixstowe, Suffolk IP11 2LG2
£205K11/200.56 mi24, Winston Close, Felixstowe, Suffolk IP11 2FA2
£205K11/200.56 mi24, Winston Close, Felixstowe, Suffolk IP11 2FA2
£190K09/210.57 mi11, Holbrook Crescent, Felixstowe, Suffolk IP11 2NE2
£315K02/210.6 mi2a, Chaucer Road, Felixstowe, Suffolk IP11 7RS2
£280K06/210.6 mi10, Chaucer Road, Felixstowe, Suffolk IP11 7RS2
£175K12/200.62 mi1, Shotley Close, Felixstowe, Suffolk IP11 2NG2
£230K10/220.64 mi18, Runnacles Way, Felixstowe, Suffolk IP11 2FE2
£410K10/210.64 mi30, Lynwood Avenue, Felixstowe, Suffolk IP11 9HS2
£400K08/230.64 mi35, Lynwood Avenue, Felixstowe, Suffolk IP11 9HS2
£315K04/230.64 mi38, Lynwood Avenue, Felixstowe, Suffolk IP11 9HS2
£270K12/220.68 mi140, Mill Lane, Felixstowe, Suffolk IP11 2LL2
£370K04/210.68 mi43, Dellwood Avenue, Felixstowe, Suffolk IP11 9HW2
£179K03/210.7 mi129, Grange Road, Felixstowe, Suffolk IP11 2LE2
£225K05/210.71 mi93, Mill Lane, Felixstowe, Suffolk IP11 2LN2
£160K12/200.72 mi40, Rendlesham Road, Felixstowe, Suffolk IP11 2YP2
£195K07/210.72 mi3, Rendlesham Road, Felixstowe, Suffolk IP11 2YP2
£195K07/210.72 mi3, Rendlesham Road, Felixstowe, Suffolk IP11 2YP2
£360K09/210.72 mi17, Riby Road, Felixstowe, Suffolk IP11 7QB2
£330K08/230.76 mi50, Haven Close, Felixstowe, Suffolk IP11 2LF2
£310K11/200.79 mi40, Brook Lane, Felixstowe, Suffolk IP11 7JP2
£310K11/200.79 mi40, Brook Lane, Felixstowe, Suffolk IP11 7JP2
£450K12/220.79 mi16, Sunray Avenue, Felixstowe, Suffolk IP11 9QG2
£215K07/210.8 mi10, Sprites End, Trimley St Mary, Felixstowe, Suffolk IP11 0XS2
£220K06/230.81 mi2, Brightwell Close, Felixstowe, Suffolk IP11 2YJ2
£295K11/200.82 mi15, Sunningdale Drive, Felixstowe, Suffolk IP11 9LE2

Local Rents

13 rents from £815/mo to £1.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95005/240.08 miHigh Street, Felixstowe2
£95006/240.08 miHigh Street, Felixstowe2
£87512/230.13 mi-2
£87505/240.25 miMargaret Street, Felixstowe, IP112
£1,00006/240.37 miLongcroft, Felixstowe2
£82006/240.49 miBredfield Close, Felixstowe2
£81504/240.55 mi-2
£99505/240.55 miWalton Hall Drive, Felixstowe2
£99506/240.55 miWalton Hall Drive, Felixstowe2
£1,10005/240.57 miHolbrook Crescent, Felixstowe2
£90005/240.6 miTower Road, Felixstowe2
£90006/240.6 miTower Road, Felixstowe2
£1,05004/240.62 miRunnacles Way, Felixstowe2

Local Area Statistics

Population in IP11

29,290

Population in Felixstowe

29,294

Town centre distance

0.39 miles away

Nearest school

0.40 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

0%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £180,000

February 28, 2025

Price changed to £194,995

February 8, 2025

Listed for £199,950

November 26, 2024

Floor Plans

Description

  • Two double bedrooms +
  • No onward chain +
  • Some updating may be required +
  • Several original features +
  • Viewing recommended +
  • Kitchen-Diner +
  • Garden +
  • Open Plan Lounge +
  • Full Double Glazing +
  • Oven/Hob +

Charming two double bedroom terraced house, with 50ft south facing garden. Several original features are retained and some updating may be required. The ground floor comprises an entrance hallway, through lounge and kitchen diner. The bedrooms and generous sized bathroom are upstairs. Located within easy reach of the town centre, local schools, nearby amenities and public transport services. Ideal for first time buyers, small families or retirees. No onward chain, so call us now to arrange a viewing.

Features

  • Double Bedrooms
  • Fireplace
  • South Facing Garden

Property additional info

Entrance porch: 0.90m x 0.90m (2' 11" x 2' 11")
UPVC double glazed front door opening into the porch.

Hallway: 3.74m x 0.93m (12' 3" x 3' 1")
Additional wooden, partially glazed door from Porch leads into the hallway. Carpeted stairs to the first floor and door to:

Through lounge - diner: 7.25m x 3.57m (23' 9" x 11' 9")
Large dual-aspect room with windows to the front and to the rear, feature fireplace with tile and Mahogony effect decorative surround, carpet, understair cupboard, panelled glazed wooden door to:

Kitchen: 5.05m x 2.57m (16' 7" x 8' 5")
Light coloured laminate worktops with eye level cupboards above and base level cupboards and drawers below. Four burner Phillips gas hob, integrated oven, 1 1/2 bowl stainless steel sink, space for washing machine, space for fridge freezer, window to rear aspect, window to side aspect, UPVC partially glazed door to side aspect, coving, carpet tiles to floor and wall mounted gas heater.

First floor landing: 3.64m x 1.47m (11' 11" x 4' 10")
Ceiling hatch to the loft, picture rails and carpet.

Bathroom: 3.00m x 2.53m (9' 10" x 8' 4")
UPVC opaque glazed window to the rear, grey coloured three-piece bathroom suite including a hand wash basin, bath with Triton electric power shower over, WC, partially tiled walls, coving, carpet and cupboard housing the hot water cylinder.

Bedroom two: 3.60m x 2.78m (11' 10" x 9' 1") into alcove
Window to rear aspect, built-in cupboard, picture rails, wall-mounted gas heater and carpet.

Bedroom one: 4.35m x 3.50m (14' 3" x 11' 6")
Wood framed double glazed window to the front aspect, picture rails, carpet and wall-mounted gas heater.

Front garden: 4.39m x 2.34m (14' 5" x 7' 8")
A Victorian quarry tiled front pathway leading to the front door, with a brick built perimeter wall to the side and front. The remaining area is mainly covered in pebbles.

Back garden: 17.30m x 4.52m (56' 9" x 14' 10")
A fully enclosed, south-facing garden with planting areas along both sides, an area laid to lawn, a hardstanding area with a shed, an area covered in shingle containing several planter areas with established roses. There is a gate to the side aspect, with padestrian access to the street.

Additional Information:
Wainwrights Estate & Lettings Agent Ltd. Co No. 14699401. Trading Address: 156-158 Hamilton Road, Felixstowe, Suffolk, IP11 7DS. Misrepresentation Act 1967 and Property Misrepresentations Act 1991. This advertisement or these particulars do not constitute any part of an offer or contract. All measurements are given as a guide, and no liability can be accepted for any errors arising from. No responsibility is taken for any other error, omission, or misstatement in these particulars not for any expenses incurred by the applicants for whatever reason. No representation or warranty is made in relation to this property whether in these particulars, during negotiations or otherwise. Intending purchasers will be asked to produce identification documentation and proof of funds at a later stage. Wainwrights has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor. Council tax band B. April 2024 - 31st March 2025 £1639.55.

Roof type: Concrete roof tiles.

Mobile signal/coverage: Good.

Flooded in the last 5 years: No.

Does the property have flood defences?
No.

Construction materials used: Brick and block.

Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Other gas heating system.

Parking Availability: No.

Agent Details

Wainwrights Estate & Lettings Agent Ltd, Felixstowe

01394 331172

Next Steps?

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