2 Bed Flat, Single Let, Ipswich, IP4 2AE, £150,000

Bramley Hill, Ipswich, IP4 2AE - 4 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~62 m²
+10 photos

ValuationOvervalued

Sold Prices£98K - £322.5K
Sold Prices/m²£1.5K/m² - £4.3K/m²

 

 

Square Metres

~61.69 m²
Price/m²£2.4K/m²

Value Estimate

£142,619

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Total Cash In

£46,700

 

 

Cash Out

 

Rent Range

£700 - £1,200

Rent Estimate

£800

Running Costs/mo

£649

Cashflow/mo

£151

Cashflow/yr

£1,815

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £98K to £322.5K, average is £135K. £1.5K/m² to £4.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£146.5K01/230.07 mi7, Haslemere Drive, Ipswich, Suffolk IP4 2PP2
£134.5K07/210.07 mi1, Haslemere Drive, Ipswich, Suffolk IP4 2PP2
£125K04/230.1 mi24, Postmill Close, Ipswich, Suffolk IP4 2RF2
£120K07/210.1 mi42, Postmill Close, Ipswich, Suffolk IP4 2RF2
£107.5K06/210.1 mi30, Postmill Close, Ipswich, Suffolk IP4 2RF2
£130K04/210.1 mi31, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£138K04/210.1 mi23, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£145K08/210.1 mi133, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£148.5K10/200.1 mi113, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£145K06/210.1 mi25, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£145K07/210.11 mi12, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£135K03/230.26 mi125, Cemetery Road, Ipswich, Suffolk IP4 2HZ2
£120K12/220.37 mi147, Oakstead Close, Ipswich, Suffolk IP4 4HW2
£142K02/230.38 mi50, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£134K10/220.46 mi16, Silk Street, Ipswich, Suffolk IP4 2PA2
£115K08/210.47 mi18, Silk Street, Ipswich, Suffolk IP4 2PA2
£180K05/210.65 mi12, Fuchsia Lane, Ipswich, Suffolk IP4 1QB2
£133K09/220.67 mi93, Pownall Road, Ipswich, Suffolk IP3 0DA2
£120K04/210.68 mi56, Pownall Road, Ipswich, Suffolk IP3 0DR2
£128K07/210.68 mi64, Pownall Road, Ipswich, Suffolk IP3 0DR2
£130K11/200.68 mi48, Pownall Road, Ipswich, Suffolk IP3 0DR2
£128K07/210.68 mi64, Pownall Road, Ipswich, Suffolk IP3 0DR2
£135K05/230.68 mi46, Pownall Road, Ipswich, Suffolk IP3 0DR2
£322.5K06/230.68 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£315K07/230.68 mi39, Neptune Square, Ipswich, Suffolk IP4 1QH2
£290K02/210.68 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£167K01/210.68 mi10, Neptune Square, Ipswich, Suffolk IP4 1QH2
£255K06/210.68 mi48, Neptune Square, Ipswich, Suffolk IP4 1QH2
£135K04/230.68 mi58, Fore Hamlet, Ipswich, Suffolk IP3 8BD2
£118K06/210.68 mi32, Fore Hamlet, Ipswich, Suffolk IP3 8BD2
£155K07/230.69 mi183d, Foxhall Road, Ipswich, Suffolk IP3 8LB2
£130K02/230.7 mi21, Isham Place, Ipswich, Suffolk IP3 0DY2
£110K06/210.7 mi1, Isham Place, Ipswich, Suffolk IP3 0DY2
£134K02/230.7 mi5, Isham Place, Ipswich, Suffolk IP3 0DY2
£125K06/210.71 mi6, Isham Place, Ipswich, Suffolk IP3 0DZ2
£125.5K05/210.72 mi42, Siloam Place, Ipswich, Suffolk IP3 0FB2
£114K01/230.72 mi59, Siloam Place, Ipswich, Suffolk IP3 0FD2
£151.5K12/200.72 mi53, Pownall Road, Ipswich, Suffolk IP3 0DN2
£140K12/220.72 mi32, Siloam Place, Ipswich, Suffolk IP3 0FB2
£119K10/200.72 mi22, Siloam Place, Ipswich, Suffolk IP3 0FB2
£138.5K10/220.73 mi19, Hope Court, Ipswich, Suffolk IP3 0DW2
£130K10/220.74 mi36, Hope Court, Ipswich, Suffolk IP3 0DX2
£167.5K11/220.75 miFlat F, 26, Fonnereau Road, Ipswich, Suffolk IP1 3JP2
£140K11/210.75 mi239, Duke Street, Ipswich, Suffolk IP3 0BX2
£147K10/220.76 mi106, Siloam Place, Ipswich, Suffolk IP3 0FF2
£136K04/230.76 mi92, Siloam Place, Ipswich, Suffolk IP3 0FF2
£220K03/210.82 mi6, Starfield Close, Ipswich, Suffolk IP4 5JQ2
£161K09/210.86 mi15, St Nicholas Court, Ipswich, Suffolk IP1 1TG2
£98K03/210.9 mi120, Britannia Road, Ipswich, Suffolk IP4 5JU2
£320K04/210.92 mi155, Stoke Quay, Ipswich, Suffolk IP2 8SN2

Local Rents

51 rents from £700/mo to £1.2K/mo, average is £940/mo.

RentDateDistanceAddressBeds 
£1,00008/240.01 miBramley Hill, Ipswich2
£95009/240.01 miBramley Hill, IPSWICH2
£1,10007/240.07 miWoodbridge Road, Ipswich, Suffolk, IP42
£1,05007/240.1 miBelle Vue Road, Ipswich, Suffolk2
£95001/240.1 miMeridian Rise, Ipswich2
£1,05006/240.1 miMeridian Rise, IPSWICH2
£95007/240.11 miMeridian Rise, Ipswich, Suffolk, IP42
£95008/240.11 miMeridian Rise, Ipswich, Suffolk, IP42
£95006/240.12 miParade Road, Ipswich, Suffolk, IP42
£99504/240.12 miWoodbridge Road, Ipswich, IP42
£94501/240.14 miBelle Vue Road, Ipswich, Suffolk, IP42
£97507/240.16 miParade Road, Ipswich, Suffolk, IP42
£97507/240.16 miParade Road, Ipswich, IP42
£97504/240.2 mi-2
£87504/240.2 miBrunswick Road, IP42
£87504/240.2 mi-2
£90005/240.21 miFinchley Road2
£85007/240.21 miNorfolk Road, Ipswich, Suffolk, UK, IP42
£92507/240.22 miFinchley Road, Ipswich2
£92508/240.22 miNottidge Road, Ipswich, Suffolk, IP42
£1,10006/240.23 miNottidge Road, Ipswich2
£1,00006/240.23 miSuffolk Road, Ipswich, Suffolk, IP42
£95008/240.24 miSt Marys Road, IPSWICH2
£92508/240.24 miSt. Marys Road, Ipswich, Suffolk, UK, IP42
£85004/240.25 mi-2
£85004/240.26 miCemetery Road, Ipswich, Suffolk, IP42
£92504/240.26 miWoodbridge Road, Ipswich, Suffolk, IP42
£97508/240.27 miWoodbridge Road, Ipswich, Suffolk, IP42
£92504/240.27 mi-2
£92504/240.27 mi-2
£1,05007/240.29 miBurnham Close, Ipswich2
£87505/240.29 miSuffolk Road, IP42
£99510/240.34 mi-2
£85009/240.36 miOxford Road, IPSWICH2
£80007/240.37 miFinbars Walk, Ipswich2
£85008/240.37 miFinbars Walk, Ipswich2
£90007/240.37 miSt Helens Street, Ipswich2
£97506/240.37 miCemetery Road, Ipswich, IP42
£80007/240.37 miOakstead Close, Ipswich, IP42
£75004/240.37 miChristchurch Street, Ipswich2
£1,20004/240.37 miWhitby Road, IPSWICH2
£1,15008/240.37 miFinbars Walk, Ipswich, Suffolk, IP42
£94007/240.4 mi-2
£85008/240.4 miOakstead Close, Ipswich, IP42
£85008/240.4 mi-2
£97504/240.4 miChristchurch Street,Ipswich,IP42
£1,00005/240.4 miChristchurch Street, Ipswich2
£87502/250.4 mi-2
£89504/240.41 miHervey Street, Ipswich2
£89506/240.42 miNelson Road, East Ipswich, Ipswich, IP42
£70004/240.42 miWithipoll Street, Ipswich, IP42

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.30 miles away

Nearest school

0.10 miles away

Nearest train station

0.87 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 £150,000

January 31, 2025

Listed for £160,000

December 11, 2024

Floor Plans

Description

  • 2 DOUBLE BEDROOMS +
  • EN SUITE TO MASTER +
  • ALLOCATED PARKING +
  • EAST IPSWICH +
  • CLOSE TO DERBY ROAD STATION +
  • OPEN PLAN LIVING +

This charming two-bedroom apartment, situated in the desirable area of East Ipswich, offers a perfect blend of comfort, convenience, and modern living. With over 100 years remaining on the lease, this property provides an excellent long-term investment opportunity.

The apartment features a well-proportioned master bedroom complete with its own en suite bathroom, offering a private and luxurious retreat. The second bedroom is equally inviting, ideal for use as a guest room, home office, or additional living space. A bright and spacious living area serves as the heart of the home, creating an ideal setting for relaxation or entertaining.

The property's design ensures a seamless flow between the living and kitchen spaces, with the kitchen boasting modern fittings and ample storage. This home further benefits from allocated parking, providing the convenience and security of a designated space.

Located in East Ipswich, the apartment is well-positioned for access to local amenities, schools, and transport links, making it an attractive choice for professionals, couples, or small families. Offering a rare combination of comfort and practicality, this apartment is an exceptional find in a sought-after area.

Agent Details

haart, Ipswich

01473 943783

Next Steps?

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