3 Bed Terraced House, Single Let, Ipswich, IP1 2EG, £190,000

123 Cullingham Road, Ipswich, IP1 2EG - 3 views - 4 months ago

Sold STC
BTL
ROI: 2%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£105K - £350K
Sold Prices/m²£1K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£217,330
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£7,200

Total Cash In

£54,700

 

 

Cash Out

 

Rent Range

£950 - £3,500

Rent Estimate

£954

Running Costs/mo

£805

Cashflow/mo

£149

Cashflow/yr

£1,793

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £105K to £350K, average is £205K. £1K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£168K11/200 mi64, Cullingham Road, Ipswich, Suffolk IP1 2EG3
£165K03/230 mi6, Cullingham Road, Ipswich, Suffolk IP1 2EG3
£168K11/200.01 mi64, Cullingham Road, Ipswich, Suffolk IP1 2EG3
£105K07/210.04 mi6, Firmin Close, Ipswich, Suffolk IP1 2BF3
£135K03/210.14 mi23, Elliott Street, Ipswich, Suffolk IP1 2HN3
£110K04/210.18 mi63, Elliott Street, Ipswich, Suffolk IP1 2HJ3
£195K09/210.23 mi86, Victoria Street, Ipswich, Suffolk IP1 2JX3
£170K07/230.24 mi141, Ranelagh Road, Ipswich, Suffolk IP2 0AF3
£130K03/230.26 mi3, Surrey Road, Ipswich, Suffolk IP1 2LE3
£165K07/210.3 mi11, Wilberforce Street, Ipswich, Suffolk IP1 2JP3
£144.2K07/210.31 mi61, Sirdar Road, Ipswich, Suffolk IP1 2LB3
£285K03/230.31 mi43, Clarkson Street, Ipswich, Suffolk IP1 2JN3
£220K03/230.32 mi75, Ranelagh Road, Ipswich, Suffolk IP2 0AD3
£242K07/230.35 mi25, Hadleigh Road, Ipswich, Suffolk IP2 0EP3
£147K09/210.36 mi57, Sirdar Road, Ipswich, Suffolk IP1 2LD3
£270K11/210.4 mi100, Hadleigh Road, Ipswich, Suffolk IP2 0ER3
£180K02/210.4 mi74, Hadleigh Road, Ipswich, Suffolk IP2 0ER3
£187.5K06/210.41 mi40, Iris Close, Ipswich, Suffolk IP2 0NA3
£178K07/210.44 mi120, Bramford Road, Ipswich, Suffolk IP1 2LL3
£240K02/230.44 mi11, Beaconsfield Road, Ipswich, Suffolk IP1 4AD3
£165K02/210.46 mi16, Curriers Lane, Ipswich, Suffolk IP1 2AH3
£350K03/210.47 mi30, Alpe Street, Ipswich, Suffolk IP1 3NZ3
£325K03/230.47 mi41, Alpe Street, Ipswich, Suffolk IP1 3NZ3
£265K07/230.47 mi35, Tower Mill Road, Ipswich, Suffolk IP1 4QF3
£205K06/230.47 mi9, Wellington Street, Ipswich, Suffolk IP1 2NT3
£167K08/210.48 mi27, Beaconsfield Road, Ipswich, Suffolk IP1 4AD3
£284K04/210.48 mi25, Alpe Street, Ipswich, Suffolk IP1 3NZ3
£285K04/230.48 mi7, Gippeswyk Avenue, Ipswich, Suffolk IP2 9AD3
£290K08/220.48 mi11, Gippeswyk Avenue, Ipswich, Suffolk IP2 9AD3
£125K04/210.49 mi179, Bramford Road, Ipswich, Suffolk IP1 4AA3
£170K03/210.49 mi20, Copperfield Road, Ipswich, Suffolk IP2 0JT3
£121K12/200.49 mi23, Chevallier Street, Ipswich, Suffolk IP1 2PF3
£250K08/210.49 mi51, Campion Road, Ipswich, Suffolk IP2 0LJ3
£255K12/220.49 mi25, Dickens Road, Ipswich, Suffolk IP2 0JW3
£205K09/210.5 mi36, Waterloo Road, Ipswich, Suffolk IP1 2NY3
£240K01/230.5 mi20, Waterloo Road, Ipswich, Suffolk IP1 2NY3
£230K01/230.5 mi152, Bramford Road, Ipswich, Suffolk IP1 4AB3
£178K11/200.52 mi49, Speedwell Road, Ipswich, Suffolk IP2 0LQ3
£167.5K08/210.53 mi4, Cardigan Street, Ipswich, Suffolk IP1 3PF3
£236.5K03/210.53 mi66, Newson Street, Ipswich, Suffolk IP1 3NY3
£195K04/230.53 mi7, Bramford Lane, Ipswich, Suffolk IP1 4DB3
£230K03/210.55 mi32, Geneva Road, Ipswich, Suffolk IP1 3NP3
£168K01/210.56 mi7, Columbine Gardens, Ipswich, Suffolk IP2 0XA3
£243K02/210.57 mi64, Anglesea Road, Ipswich, Suffolk IP1 3PN3
£240K09/210.57 mi30, Dhobi Place, Ipswich, Suffolk IP1 4QA3
£232K12/200.59 mi42, Lavenham Road, Ipswich, Suffolk IP2 0LA3
£229K07/230.59 mi18, Blenheim Road, Ipswich, Suffolk IP1 4EB3
£233K12/220.6 mi75, Bramford Lane, Ipswich, Suffolk IP1 4DF3
£255K10/220.6 mi24, Violet Close, Ipswich, Suffolk IP2 0PL3
£260K02/230.6 mi13, Lavenham Road, Ipswich, Suffolk IP2 0JH3

Local Rents

22 rents from £950/mo to £3.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95003/240.14 miElliott Street, Ipswich3
£99506/240.21 miDillwyn Street West, Ipswich3
£99506/240.21 miDillwyn Street West, Ipswich3
£95008/240.32 miRanelagh Road, Ipswich3
£98504/240.33 mi-3
£1,00005/240.34 miBulwer Road, Ipswich3
£1,00005/240.34 miBulwer Road3
£1,15002/240.36 mi-3
£1,25003/240.46 mi-3
£1,20003/240.46 miCurriers Lane, Ipswich3
£1,35008/240.5 miLupin Road, IPSWICH3
£1,10004/240.52 miSpeedwell Road, Ipswich, IP23
£1,25004/240.53 miMuseum Street, Ipswich3
£1,59504/240.54 miWentworth House, Burrell Road, Ipswich3
£1,15003/250.55 mi-3
£2,20003/250.55 mi-3
£1,20012/240.57 mi-3
£1,20003/250.57 mi-3
£1,40004/240.57 miCowslip Close, IPSWICH3
£3,50003/240.6 mi-3
£2,50006/240.6 mi-3
£1,25005/240.61 mi-3

Local Area Statistics

Population in IP1

39,363

Population in Ipswich

219,393

Town centre distance

1.25 miles away

Nearest school

0.30 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £190,000

January 19, 2025

Listed for £200,000

December 26, 2024

Sold for £109,950

2017

Sold for £104,500

2006

Sold for £78,500

2004

Sold for £43,000

1999

Sold for £31,950

1995

Floor Plans

Description

  • THREE BEDROOM FAMILY HOME +
  • TWO RECEPTION ROOMS +
  • RE-FITTED KITCHEN +
  • FRONT & REAR GARDENS +
  • NO ONWARD CHAIN +

SUMMARY
Located to the edge of the Town Centre you will find this three bedroom family home within easy access of a variety of amenities including local shopping facilities. The property benefits from two reception rooms, re-fitted kitchen, ground floor bathroom, front & rear gardens & has no onward chain.

DESCRIPTION
Located on the edge of the town centre, you will find this modernised Victorian property benefiting from three bedrooms, two reception rooms, re-fitted kitchen, ground floor bathroom, front and rear gardens. The property also has the added bonus of being offered with no onward chain.
The home is within easy access of a variety of amenities including local shopping facilities, retail park and public transport links.
Ipswich has a cutting-edge theatre and arts scene, many schooling facilities, cosy Suffolk pubs, and a vibrant community of independent stores. Ipswich also has the benefit of being home to a mainline railway station that gives direct access into London Liverpool Street, Cambridge, Norwich and many more destinations.
It also benefits from a rejuvenated waterfront Marina which boasts many restaurants, bars and cafes.

Entrance Hall 
Accessed via entrance door, stairs rising to the first floor and doors giving access to:

Dining Room 12' 2" x 11' 8" ( 3.71m x 3.56m )
Upvc double glazed window to rear , wood effect flooring, radiator, storage cupboard with lighting, textured and coved ceiling and arch and doors to:

Lounge 11' 6" x 10' 8" ( 3.51m x 3.25m )
Upvc double glazed window to front, wood effect flooring and coved and textured ceiling.

Kitchen 10' 6" x 7' 9" ( 3.20m x 2.36m )
Upvc double glazed window to side, wall mounted boiler, space and plumbing for washing machine, space for fridge freezer, tiled splash back's, built-in hob with stainless steel extractor hood over, built in oven, tiled flooring, single drainer stainless steel sink with mixer tap inset into work tops with cupboards and drawers under and matching above, tiled flooring and doors giving access to:

Rear Lobby 
Upvc double glazed door giving access to the garden, tiled flooring and door giving access to:

Bathroom 
Upvc double glazed window to side, low-level w/c, vanity wash hand basin with mixer tap, shaped and paneled bath with mixer tap and shower attachment, storage cupboard, radiator, low-level w/c, tiled flooring, part tiled walls and extractor fan.

First Floor Landing 
Smooth ceiling giving loft access and doors to:

Bedroom One  14' 10" max x 10' 10" ( 4.52m max x 3.30m )
Two upvc double glazed windows to front with fitted blinds, smooth ceiling, radiator and built-in cupboard.

Bedroom Two  12' x 10' 8" max ( 3.66m x 3.25m max )
Upvc double glazed window to rear, radiator and smooth ceiling.

Bedroom Three 9' 10" x 7' 10" ( 3.00m x 2.39m )
Upvc double glazed window to rear, radiator and smooth ceiling.

Outside 
To the front of the property there is a pathway leading to the entrance door with shed access to the rear garden. The courtyard garden is laid to patio, has a tap and gated rear access.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Ipswich

01473 943139

Next Steps?

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