2 Bed Flat, Single Let, Felixstowe, IP11 7NP, £279,995

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

Leasehold
BTL
~68 m²
+28 photos

ValuationOvervalued

Sold Prices£86K - £420K
Sold Prices/m²£1.9K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£183,610

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£69,999

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,198

 

 

Cash Out

 

Rent Range

£675 - £1,350

Rent Estimate

£769

Running Costs/mo

£1,049

Cashflow/mo

£-280

Cashflow/yr

£-3,357

Gross Yield

3%

Local Sold Prices

20 sold prices from £86K to £420K, average is £180.8K. £1.9K/m² to £4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£280K03/210.08 mi52, Tomline Road, Felixstowe, Suffolk IP11 7PA2
£155K12/200.11 miFlat 1, Edward Cordy House, Orwell Road, Felixstowe, Suffolk IP11 7NY2
£230K01/230.15 mi16, St Johns Court, Felixstowe, Suffolk IP11 7SG2
£174K03/230.22 mi11, Tower Road, Felixstowe, Suffolk IP11 7PR2
£165K12/210.22 mi67, Tower Road, Felixstowe, Suffolk IP11 7PR2
£187.5K05/210.22 mi45, Tower Road, Felixstowe, Suffolk IP11 7PR2
£190K01/230.22 mi40, Tower Road, Felixstowe, Suffolk IP11 7PR2
£142.5K12/220.39 mi73a, High Road West, Felixstowe, Suffolk IP11 9AA2
£135K11/220.52 mi7a, Langer Road, Felixstowe, Suffolk IP11 2BT2
£335K11/210.57 mi9a, High Beach, Felixstowe, Suffolk IP11 7LE2
£315K12/200.64 miFlat 1, Beach Place, Undercliff Road East, Felixstowe, Suffolk IP11 7LW2
£280K11/200.64 miFlat 5, Beach Place, Undercliff Road East, Felixstowe, Suffolk IP11 7LW2
£285K10/200.64 miFlat 2, Beach Place, Undercliff Road East, Felixstowe, Suffolk IP11 7LW2
£159K11/220.68 miFlat 4, The House Martins, Cage Lane, Felixstowe, Suffolk IP11 9BH2
£420K06/210.88 miApartment 6, Cranmer Cliff Gardens, Maybush Lane, Felixstowe, Suffolk IP11 7NH2
£400K11/200.88 miApartment 3, Cranmer Cliff Gardens, Maybush Lane, Felixstowe, Suffolk IP11 7NH2
£115K01/230.89 miFlat 2, Russell Court, Beach Station Road, Felixstowe, Suffolk IP11 2DR2
£86K03/210.97 miFlat 17, Rowland House, Winston Close, Felixstowe, Suffolk IP11 2FA2
£110K10/220.97 miFlat 12, Rowland House, Winston Close, Felixstowe, Suffolk IP11 2FA2
£120K05/230.97 miFlat 26, Rowland House, Winston Close, Felixstowe, Suffolk IP11 2FA2

Local Rents

25 rents from £675/mo to £1.4K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£81504/240.07 mi-2
£95004/250.13 mi-2
£1,35006/240.14 miQuarndon House, Leopold Road2
£90006/240.16 miRanelagh Court, Felixstowe2
£80005/240.19 miQueens Road, Felixstowe2
£90005/240.2 miCobbold Road, Felixstowe2
£97505/240.2 miCobbold Road, Felixstowe2
£90005/240.22 miTower Road, Felixstowe2
£90006/240.22 miTower Road, Felixstowe2
£95010/240.26 mi-2
£87505/240.26 miWolsey Gardens, Felixstowe2
£1,02505/240.28 miConstable Road, Felixstowe2
£89505/240.3 miWolsey Gardens, Felixstowe, Suffolk, IP112
£67504/250.3 mi-2
£90010/240.33 mi-2
£1,30010/240.42 mi-2
£85004/240.42 miMelrose House, Granville Road, Felixstowe, Suffolk, IP112
£1,15009/230.46 mi-2
£87504/240.46 mi-2
£92509/230.46 mi-2
£90004/250.46 mi-2
£1,05005/240.48 miMelrose House, Granville Road, Felixstowe, Suffolk, IP112
£1,25005/240.51 miSea Road, Felixstowe2
£1,20005/240.54 miHigh Road East, Felixstowe2
£95004/240.57 miHigh Beach, Felixstowe2

Local Area Statistics

Population in IP11

29,290

Population in Felixstowe

29,294

Town centre distance

0.20 miles away

Nearest school

0.40 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

0%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Price changed to £279,995

March 8, 2025

Price changed to £289,995

February 8, 2025

Listed for £300,000

December 9, 2024

Floor Plans

Description

  • No onward chain +
  • Kitchen-Diner +
  • En-suite +
  • Secure Car parking +
  • Open Plan Lounge +
  • Video Door Entry +
  • Fridge Freezer +
  • Full Double Glazing +
  • Oven/Hob +
  • Balcony +

A two bedroom first floor luxury apartment, with elevator access, balcony and parking. In a development consisting of five luxury apartments, near to the town centre and the sea. Built by the award winning local company James Francis in 2015. This modern, purpose-built luxury apartment, close to Felixstowe town centre is finished to a high standard, featuring dark wood-effect flooring in the main living areas, carpeted bedrooms and tiled bathroom floors. The internal doors are made from solid hardwood, with high quality chrome fittings and the windows are UPVC double-glazed sash windows with fitted blinds. It includes skirting boards throughout, chrome light switches and chrome plug sockets. The apartment is in excellent decorative order throughout and offers a balcony with space for a table and chairs. Additional features include secure private parking, within a remote controlled gated car park and a shed space in the parking area.

Features

  • Double Bedrooms

Property additional info

Communal entrance:
An attractively tiled front pathway leads from the gate to the modern composite front entrance door, which is fitted with security locks and a colour video entry phone system controlled from the apartment. Stairs and a lift provide access to the 1st floor. Real walnut internal flooring.

Entrance hallway: 1.33m x 1.08m (4' 4" x 3' 7")
A solid wood panelled entrance door, with high-quality chrome finish door furniture, leads into the entranceway. A cupboard housing the hot water system is located here and a door providing access to the main living accommodation.

Large open plan living area: 7.95m x 4.75m (26' 1" x 15' 7")
The attractive and spacious living area with real walnut flooring is laid out in three smooth flowing sections, including a large living room area, with two side windows and patio doors to the balcony and a fitted Crown Furora kitchen with granite worktops, a integrated Neff electric oven, induction hob, extractor hood, fridge/freezer, dishwasher, hotpoint washer/dryer,wine cooler and a inset stainless steel Franke sink with mixer tap over. Additional features include ceiling spotlights, the dining area that showcases a statement light fitting and a radiator. Doors from the open plan living area leading to:

Family bathroom: 2.45m x 1.57m (8' x 5' 2")
The modern bathroom features a bath with a stylish chrome effect mix up over modern shower system with three adjustable heads, complemented by a high-quality glass bifold shower screen. It includes a hand wash basin with a wood-effect vanity unit and a mirrored cupboard above with stylish lighting. The bathroom features a stylish WC and ceramic tiled walls, adding a modern touch to the space. Additional features include a towel radiator, inset spotlights to ceiling, and wood-effect tiled floors, with underfloor heating.

Bedroom two: 3.22m x 2.27m (10' 7" x 7' 5")
Window to rear aspect, large built-in double wardrobe from floor to ceiling, Electric radiator and the room is finished with carpet flooring.

Master bedroom: 2.96m x 3.59m (9' 9" x 11' 9")
The room features a rear-facing window, an electric radiator and a large built-in wardrobe from floor to ceiling with built-in lighting and also houses the electrical consumer unit. The room is finished with carpet flooring.

Ensuite bathroom: 2.87m x 1.53m (9' 5" x 5' )
Window to side aspect, a fully tiled walk-in shower with high-quality bi-fold glass doors and a triple showerhead system. It features a wash basin with a two-drawer vanity unit beneath, a mirrored wall cabinet above and a WC. Additional features include an electric radiator, wood-effect tiled flooring with underfloor heating and spotlights to ceiling.

Outside:
Rear private balcony with smooth Ipe decking (3.1m x 1m). Some private garden space included. Allocated parking space, shared cycle and bin storage areas to rear of the property.

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.

Flooded in the last 5 years: No.

Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Central heating (electric).

Parking Availability: Yes.

Agent Details

Wainwrights Estate & Lettings Agent Ltd, Felixstowe

01394 331172

Next Steps?

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