2 Bed Terraced House, Single Let, Ipswich, IP4 2HT, £175,000

Finchley Road, Ipswich, Suffolk, IP4 2HT - 3 views - 3 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£130K - £235K
Sold Prices/m²£1.7K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£186,745
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£700 - £3,600

Rent Estimate

£766

Running Costs/mo

£720

Cashflow/mo

£46

Cashflow/yr

£551

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £130K to £235K, average is £188K. £1.7K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£230K12/220.06 mi22, Hayhill Road, Ipswich, Suffolk IP4 2HP2
£235K06/210.07 mi66, Lacey Street, Ipswich, Suffolk IP4 2PH2
£177.5K06/230.07 mi7, Finchley Road, Ipswich, Suffolk IP4 2HX2
£148K06/230.07 mi20, Finchley Road, Ipswich, Suffolk IP4 2HX2
£205K12/220.09 mi116, Lacey Street, Ipswich, Suffolk IP4 2PL2
£158K02/210.1 mi21, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£170K11/200.1 mi36, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£180K03/230.11 mi192, Woodbridge Road, Ipswich, Suffolk IP4 2PB2
£189K01/210.11 mi156, Cemetery Road, Ipswich, Suffolk IP4 2HL2
£190K04/210.11 mi12, Arthurs Terrace, Ipswich, Suffolk IP4 2NN2
£160K05/210.12 mi23, North Hill Road, Ipswich, Suffolk IP4 2PW2
£170K07/210.14 mi71, Hervey Street, Ipswich, Suffolk IP4 2ET2
£198K10/210.14 mi95, Hervey Street, Ipswich, Suffolk IP4 2ET2
£157K12/200.14 mi80, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£165K05/230.14 mi20, Hervey Street, Ipswich, Suffolk IP4 2ES2
£145K03/210.14 mi41, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£130K11/200.15 mi24, Cemetery Road, Ipswich, Suffolk IP4 2EP2
£230K12/200.16 mi21, Palmerston Road, Ipswich, Suffolk IP4 2NU2
£140K04/230.18 mi24, Alexandra Road, Ipswich, Suffolk IP4 2RH2
£228.5K09/210.18 mi38, Warwick Road, Ipswich, Suffolk IP4 2QE2
£170K02/210.19 mi53, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF2
£179K06/210.2 mi18, Lancaster Road, Ipswich, Suffolk IP4 2NY2
£188K06/210.2 mi32, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£225K06/210.2 mi122, Hervey Street, Ipswich, Suffolk IP4 2EU2
£160K03/210.21 mi70, Woodbridge Road, Ipswich, Suffolk IP4 2NG2
£177K09/210.22 mi14, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£201K01/210.23 mi7, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£184K06/230.23 mi32, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£215K05/230.23 mi43, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£220K12/220.23 mi1, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£195K12/220.23 mi28, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£210K09/210.24 mi37, Alexandra Road, Ipswich, Suffolk IP4 2RL2
£168.5K01/210.25 mi13, Cobbold Street, Ipswich, Suffolk IP4 2DN2
£211.8K06/230.27 mi62, Bolton Lane, Ipswich, Suffolk IP4 2BY2
£198K04/210.29 mi114, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG2
£191.5K07/210.31 mi42, Spring Road, Ipswich, Suffolk IP4 2RS2
£200K12/220.36 mi25, Parade Road, Ipswich, Suffolk IP4 4BH2
£195K09/210.36 mi42, Parade Road, Ipswich, Suffolk IP4 4BH2
£164.5K02/210.36 mi6, Parade Road, Ipswich, Suffolk IP4 4BH2
£210K03/210.39 mi100, Spring Road, Ipswich, Suffolk IP4 2RR2
£195K07/210.41 mi63, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£207.5K06/230.41 mi27, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£173K01/210.41 mi18, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£185.5K10/220.41 mi55, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£215K01/230.41 mi61, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£184K12/220.41 mi28, Brunswick Road, Ipswich, Suffolk IP4 4BL2
£200K12/200.45 mi7, Khartoum Road, Ipswich, Suffolk IP4 4EX2
£170K03/210.48 mi379, Woodbridge Road, Ipswich, Suffolk IP4 4ES2
£187K02/230.48 mi34, Woodville Road, Ipswich, Suffolk IP4 1PD2
£188K11/200.49 mi29, Hutland Road, Ipswich, Suffolk IP4 4EZ2

Local Rents

51 rents from £700/mo to £3.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£92507/240.01 miFinchley Road, Ipswich2
£85007/240.02 miNorfolk Road, Ipswich, Suffolk, UK, IP42
£90005/240.02 miFinchley Road2
£87504/240.02 mi-2
£85004/240.05 mi-2
£92504/240.06 mi-2
£92504/240.06 mi-2
£85004/240.06 miCemetery Road, Ipswich, Suffolk, IP42
£1,00006/240.09 miSuffolk Road, Ipswich, Suffolk, IP42
£95007/240.11 miMeridian Rise, Ipswich, Suffolk, IP42
£95008/240.11 miMeridian Rise, Ipswich, Suffolk, IP42
£99504/240.13 miWoodbridge Road, Ipswich, IP42
£99510/240.13 mi-2
£87505/240.14 miSuffolk Road, IP42
£95001/240.16 miMeridian Rise, Ipswich2
£1,05006/240.16 miMeridian Rise, IPSWICH2
£97506/240.16 miCemetery Road, Ipswich, IP42
£75004/240.17 miChristchurch Street, Ipswich2
£97504/240.19 miChristchurch Street,Ipswich,IP42
£1,00005/240.19 miChristchurch Street, Ipswich2
£95009/240.2 miBramley Hill, IPSWICH2
£1,10007/240.2 miWoodbridge Road, Ipswich, Suffolk, IP42
£89504/240.2 miHervey Street, Ipswich2
£1,00008/240.2 miBramley Hill, Ipswich2
£97504/240.21 mi-2
£94501/240.21 miBelle Vue Road, Ipswich, Suffolk, IP42
£87503/250.22 mi-2
£1,10006/240.23 miNottidge Road, Ipswich2
£92508/240.23 miNottidge Road, Ipswich, Suffolk, IP42
£80004/240.23 miWoodbridge Road, Ipswich, Suffolk, IP42
£87504/240.23 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£87507/240.23 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£70004/240.23 miWithipoll Street, Ipswich, IP42
£1,05007/240.25 miBelle Vue Road, Ipswich, Suffolk2
£90007/240.25 miSt Helens Street, Ipswich2
£1,10009/240.25 mi-2
£95012/230.26 mi-2
£87504/240.27 miSt Helens Street, Ipswich2
£77508/240.27 miSt. Helens Street, Ipswich2
£75008/240.27 miSt. Helens Street, Ipswich2
£85009/240.29 miOxford Road, IPSWICH2
£1,00004/240.32 miSt Edmund House, Rope Walk, Ipswich, Suffolk, IP42
£1,00004/240.33 miRope Walk, Ipswich2
£95006/240.33 miParade Road, Ipswich, Suffolk, IP42
£95007/240.33 miBond Street, IPSWICH2
£97507/240.36 miParade Road, Ipswich, Suffolk, IP42
£97507/240.36 miParade Road, Ipswich, IP42
£3,60005/240.36 mi-2
£3,60010/240.36 mi-2
£82507/240.37 miFlat 705, Carr Street, Ipswich2
£99501/240.38 miColman Gardens, 15 Great Colman Street, Ipswich, Suffolk, IP42

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.22 miles away

Nearest school

0.20 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £175,000

January 2, 2025

Floor Plans

Description

  • Two bedroom mid terrace house +
  • 100ft rear garden +
  • North Ipswich location close to Christchurch Park +
  • No onward chain +
  • First floor bathroom +
  • Double-glazed windows +
  • Gas central heating +
  • Two reception rooms +
  • Kitchen +
  • Ideal first purchase or investment +

Offered with no onward chain is this mid terrace house with 100ft rear garden that is located close to Christchurch Park

Offered with no onward chain is this two bedroom mid terrace property which is located in an area on the north side of the town close to Christchurch Park.

The property has a 100ft rear garden, double glazed windows, gas central heating and a first floor bathroom.

The sitting room is located to the front and beyond this there is a dining room with stairs to the first floor. The kitchen has a window and door to the side and is equipped with a range of base units, wall cupboards, work tops and drawers.

The first floor landing provides access to both bedrooms and the bathroom. Bedroom one is located to the front with bedrom two being to the rear. The bathroom suite comprises of a bath with shower over, basin and WC.

Outside
To the front of the property there is a small garden.

To the rear there is a 100ft garden which is predominantly laid to lawn with a decking and patio area.

Directions

Use a Sat Nav with the postcode IP4 2HT and the property can then be identified by a Fenn Wright board

Important Information

Council Tax Band - A
Services – Mains water, drainage, gas and electric are connected.
Tenure - Freehold
EPC – C

Agent Details

Fenn Wright, Ipswich

01473 943943

Next Steps?

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