3 Bed Terraced House, Single Let, Ipswich, IP4 4NP, £240,000

6 Reading Road, Ipswich, Suffolk, IP4 4NP - 4 months ago

Sold STC
BTL
92 m²
+20 photos

ValuationUndervalued

Sold Prices£180K - £680K
Sold Prices/m²£2K/m² - £4.1K/m²

 

 

Square Metres

92 m²
Price/m²£2.6K/m²

Value Estimate

£259,295
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£950 - £1,650

Rent Estimate

£950

Running Costs/mo

£960

Cashflow/mo

£-10

Cashflow/yr

£-120

Gross Yield

5%

Local Sold Prices

50 sold prices from £180K to £680K, average is £240K. £2K/m² to £4.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£229K06/230.03 mi25, Reading Road, Ipswich, Suffolk IP4 4NP3
£206K11/200.04 mi803, Woodbridge Road, Ipswich, Suffolk IP4 4NN3
£225K02/230.04 mi19, Reading Road, Ipswich, Suffolk IP4 4NP3
£220K11/210.05 mi831, Woodbridge Road, Ipswich, Suffolk IP4 4NS3
£225.5K02/210.07 mi21, Howard Street, Ipswich, Suffolk IP4 4PL3
£218K08/210.08 mi41, Reading Road, Ipswich, Suffolk IP4 4NR3
£208K12/200.1 mi81, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£255K11/200.1 mi12, Crozier Mews, Ipswich, Suffolk IP4 4PA3
£220K04/210.1 mi58, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£219K06/210.1 mi20, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£213.5K10/220.1 mi32, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£191.3K08/210.1 mi79, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£180K02/210.11 mi17, Milton Street, Ipswich, Suffolk IP4 4PP3
£680K01/230.13 mi112, Rushmere Road, Ipswich, Suffolk IP4 4JX3
£241K06/210.14 mi44, Kirby Street, Ipswich, Suffolk IP4 4PT3
£218K02/210.15 mi709, Woodbridge Road, Ipswich, Suffolk IP4 4NB3
£205K07/210.15 mi486, Spring Road, Ipswich, Suffolk IP4 5LZ3
£281K11/210.17 mi2, Mandy Close, Ipswich, Suffolk IP4 5JE3
£219K12/220.19 mi2, Cowper Street, Ipswich, Suffolk IP4 5JD3
£258K09/210.19 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£235K01/210.19 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£180K04/210.19 mi378, Spring Road, Ipswich, Suffolk IP4 5NE3
£246K08/210.19 mi21, Bloomfield Street, Ipswich, Suffolk IP4 5JG3
£240K05/210.19 mi29, Bloomfield Street, Ipswich, Suffolk IP4 5JG3
£190K10/220.19 mi10, Bloomfield Street, Ipswich, Suffolk IP4 5JG3
£257.5K02/230.2 mi564, Spring Road, Ipswich, Suffolk IP4 5LX3
£240K03/230.22 mi3, Mandy Close, Ipswich, Suffolk IP4 5JE3
£255K02/210.22 mi7, Mandy Close, Ipswich, Suffolk IP4 5JE3
£500K11/220.22 mi33, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QD3
£322.5K11/200.23 mi75, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QG3
£420K09/210.24 mi33, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£228K11/210.24 mi12, Crabbe Street, Ipswich, Suffolk IP4 5HP3
£180K05/230.24 mi47, Leopold Road, Ipswich, Suffolk IP4 4RP3
£225K06/210.24 mi42, Starfield Close, Ipswich, Suffolk IP4 5JQ3
£245K01/230.24 mi54, Starfield Close, Ipswich, Suffolk IP4 5JQ3
£225K06/210.24 mi42, Starfield Close, Ipswich, Suffolk IP4 5JQ3
£325K02/230.24 mi50, Britannia Road, Ipswich, Suffolk IP4 5LD3
£280K05/230.24 mi4, Roundwood Road, Ipswich, Suffolk IP4 4LX3
£421.5K11/210.25 mi29, Cowper Street, Ipswich, Suffolk IP4 5JB3
£340K01/230.27 mi4, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£325K12/200.28 mi308, Colchester Road, Ipswich, Suffolk IP4 4QU3
£275K12/210.28 mi1, Thanet Road, Ipswich, Suffolk IP4 5LB3
£360K09/210.29 mi66, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£207.5K09/210.29 mi57, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£188.5K11/220.29 mi302, Spring Road, Ipswich, Suffolk IP4 5NL3
£240K12/200.3 mi16, Gordon Road, Ipswich, Suffolk IP4 4HL3
£320K01/210.3 mi25, Bristol Road, Ipswich, Suffolk IP4 4LP3
£265K06/210.3 mi18, Bristol Road, Ipswich, Suffolk IP4 4LP3
£286K09/210.3 mi14, Gordon Road, Ipswich, Suffolk IP4 4HL3
£260K01/230.32 mi10, Stradbroke Road, Ipswich, Suffolk IP4 4LS3

Local Rents

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

RentDateDistanceAddressBeds 
£1,05010/230.1 mi-3
£1,05002/250.1 mi-3
£1,07003/250.1 mi-3
£1,10012/240.17 mi-3
£95002/240.18 mi-3
£1,25001/240.19 miWoodbridge Road, Ipswich3
£1,25002/240.2 mi-3
£1,35004/240.23 mi-3
£1,05009/240.23 mi-3
£1,05009/240.23 miSpring Road, Ipswich, IP43
£1,19507/240.24 miLEOPOLD ROAD, Ipswich, IP43
£1,20001/240.24 miErnleigh Road, Ipswich, IP43
£1,30004/240.27 miNorbury Road, IPSWICH3
£1,20003/250.31 mi-3
£1,29510/240.34 mi-3
£1,29508/240.34 miStradbroke Road, Ipswich, IP43
£1,39511/240.34 mi-3
£1,20006/240.34 miNelson Road, Ipswich, Suffolk, IP43
£1,40004/240.36 mi-3
£99504/240.38 miUpland Road, Ipswich, IP43
£99507/240.38 miUpland Road, Ipswich, IP43
£99507/240.43 miSt Johns Road, Ipswich, IP43
£1,35008/240.45 miGoring Road, IPSWICH3
£1,30006/240.46 miCauldwell Hall Road, Ipswich, IP43
£1,30007/240.46 miCauldwell Hall Road, Ipswich, IP43
£95007/240.46 miMeadow Vale Close, Ipswich3
£1,30006/240.46 miMeadowvale Close, Ipswich, IP43
£1,40004/240.49 miHeath Road, IPSWICH3
£1,30007/240.49 miHeath Road, Ipswich, IP43
£1,30008/240.49 miHeath Road, Ipswich, IP43
£1,20004/240.49 miBritannia Road, IPSWICH3
£1,20007/240.49 miBritannia Road, IPSWICH3
£1,20007/240.49 miBritannia Road, IPSWICH3
£1,65008/240.51 mi-3
£1,15007/240.52 miHenslow Road, Ipswich3
£1,30007/240.56 miSt Anthonys Crescent, Ipswich, IP43
£1,10007/240.57 miCoronation Road, Ipswich3
£1,30008/240.6 miLancing Avenue, Ipswich, Suffolk, UK, IP43
£1,47511/240.61 mi-3

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.90 miles away

Nearest school

0.10 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £240,000

December 4, 2024

Sold for £227,500

2023

Sold for £132,000

2009

Floor Plans

Description

  • End of Terrace House +
  • Three Bedrooms +
  • First Floor Bathroom & WC +
  • Off-Road Parking for One Car +

Situated towards the popular east side of Ipswich just a few minutes walk from Ipswich Hospital and falling within the Copleston School catchment area, lies this three bedroom end of terrace house which comes with off-road parking to the front for one car. As agents, we recommend the earliest possible internal viewing to appreciate the quality of accommodation on offer which comprises front porch, entrance hall, lounge, sitting room which opens through to the dining room, kitchen, first floor landing, three bedrooms, family bathroom, and separate WC.

The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station with a journey time of approximately 1hr 15mins. The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.

Council tax band: B
EPC Rating: E

Agent Details

Palmer & Partners, Suffolk

01473 211705

Next Steps?

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