3 Bed Detached House, Single Let, Ipswich, IP4 4LH, £400,000

111 Rushmere Road, Ipswich, Suffolk, IP4 4LH - 4 months ago

BTL
102 m²
+5 photos

ValuationOvervalued

Sold Prices£163.5K - £680K
Sold Prices/m²£1.8K/m² - £4.1K/m²

 

 

Square Metres

101.52 m²
Price/m²£3.9K/m²

Value Estimate

£287,197

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£20,700

Total Cash In

£120,700

 

 

Cash Out

 

Rent Range

£950 - £1,690

Rent Estimate

£950

Running Costs/mo

£1,460

Cashflow/mo

£-510

Cashflow/yr

£-6,120

Gross Yield

3%

Local Sold Prices

50 sold prices from £163.5K to £680K, average is £256.3K. £1.8K/m² to £4.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£680K01/230.05 mi112, Rushmere Road, Ipswich, Suffolk IP4 4JX3
£218K08/210.08 mi41, Reading Road, Ipswich, Suffolk IP4 4NR3
£420K09/210.08 mi33, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£208K12/200.08 mi81, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£191.3K08/210.09 mi79, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£340K01/230.11 mi4, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£225K02/230.12 mi19, Reading Road, Ipswich, Suffolk IP4 4NP3
£180K05/230.12 mi47, Leopold Road, Ipswich, Suffolk IP4 4RP3
£229K06/230.13 mi25, Reading Road, Ipswich, Suffolk IP4 4NP3
£213.5K10/220.14 mi32, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£220K04/210.15 mi58, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£219K06/210.15 mi20, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£220K11/210.17 mi831, Woodbridge Road, Ipswich, Suffolk IP4 4NS3
£206K11/200.17 mi803, Woodbridge Road, Ipswich, Suffolk IP4 4NN3
£295K03/210.2 mi66, Leopold Road, Ipswich, Suffolk IP4 4RN3
£305K06/230.2 mi92, Leopold Road, Ipswich, Suffolk IP4 4RN3
£237.5K01/230.2 mi41, Rushbury Close, Ipswich, Suffolk IP4 4RB3
£258K09/210.21 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£235K01/210.21 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£218K02/210.22 mi709, Woodbridge Road, Ipswich, Suffolk IP4 4NB3
£225.5K02/210.23 mi21, Howard Street, Ipswich, Suffolk IP4 4PL3
£365K06/210.24 mi235, Colchester Road, Ipswich, Suffolk IP4 4SJ3
£468K02/230.25 mi12, Digby Road, Ipswich, Suffolk IP4 3ND3
£255K11/200.26 mi12, Crozier Mews, Ipswich, Suffolk IP4 4PA3
£241K06/210.26 mi44, Kirby Street, Ipswich, Suffolk IP4 4PT3
£325K12/200.26 mi308, Colchester Road, Ipswich, Suffolk IP4 4QU3
£280K05/230.26 mi4, Roundwood Road, Ipswich, Suffolk IP4 4LX3
£207.5K09/210.26 mi57, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£360K09/210.26 mi66, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£180K02/210.27 mi17, Milton Street, Ipswich, Suffolk IP4 4PP3
£315K01/210.28 mi201, Colchester Road, Ipswich, Suffolk IP4 4SL3
£163.5K12/200.29 mi189, Colchester Road, Ipswich, Suffolk IP4 4SL3
£425K09/210.29 mi45, Sidegate Avenue, Ipswich, Suffolk IP4 4JH3
£205K07/210.29 mi486, Spring Road, Ipswich, Suffolk IP4 5LZ3
£375K01/230.3 mi17, North Lawn, Ipswich, Suffolk IP4 3LL3
£465K11/200.3 mi31, North Lawn, Ipswich, Suffolk IP4 3LL3
£257.5K02/230.3 mi564, Spring Road, Ipswich, Suffolk IP4 5LX3
£500K11/220.3 mi33, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QD3
£420K11/200.31 mi10, The Lawns, Ipswich, Suffolk IP4 3LQ3
£320K01/210.31 mi25, Bristol Road, Ipswich, Suffolk IP4 4LP3
£265K06/210.31 mi18, Bristol Road, Ipswich, Suffolk IP4 4LP3
£260K01/230.31 mi10, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£266K03/230.31 mi20, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£240K03/230.31 mi24, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£390K05/230.32 mi152, Colchester Road, Ipswich, Suffolk IP4 4RS3
£185K12/200.32 mi79, Roundwood Road, Ipswich, Suffolk IP4 4LY3
£192K11/200.32 mi154, Roundwood Road, Ipswich, Suffolk IP4 4LY3
£281K11/210.32 mi2, Mandy Close, Ipswich, Suffolk IP4 5JE3
£245K01/230.33 mi12, Cromarty Road, Ipswich, Suffolk IP4 3EU3
£322.5K11/200.34 mi75, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QG3

Local Rents

36 rents from £950/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,05010/230.09 mi-3
£1,05001/250.09 mi-3
£1,07003/250.09 mi-3
£1,30004/240.11 miNorbury Road, IPSWICH3
£1,19507/240.12 miLEOPOLD ROAD, Ipswich, IP43
£1,25001/240.27 miWoodbridge Road, Ipswich3
£1,35004/240.3 mi-3
£95002/240.32 mi-3
£1,10012/240.32 mi-3
£1,10004/250.32 mi-3
£1,29510/240.34 mi-3
£1,29508/240.34 miStradbroke Road, Ipswich, IP43
£1,25002/240.35 mi-3
£1,20001/240.35 miErnleigh Road, Ipswich, IP43
£1,05009/240.37 mi-3
£1,05009/240.37 miSpring Road, Ipswich, IP43
£1,39511/240.41 mi-3
£1,20006/240.41 miNelson Road, Ipswich, Suffolk, IP43
£1,20004/250.45 mi-3
£1,47511/240.46 mi-3
£95007/240.46 miMeadow Vale Close, Ipswich3
£1,30006/240.47 miMeadowvale Close, Ipswich, IP43
£1,40004/240.48 mi-3
£1,30008/240.5 miLancing Avenue, Ipswich, Suffolk, UK, IP43
£99504/240.5 miUpland Road, Ipswich, IP43
£99507/240.5 miUpland Road, Ipswich, IP43
£1,40004/240.51 miHeath Road, IPSWICH3
£1,30007/240.51 miHeath Road, Ipswich, IP43
£1,30008/240.51 miHeath Road, Ipswich, IP43
£1,35008/240.56 miGoring Road, IPSWICH3
£99507/240.57 miSt Johns Road, Ipswich, IP43
£1,15008/240.59 miHumber Doucy Lane, Ipswich, IP43
£1,30004/240.6 miColchester Road, Ipswich3
£1,69003/250.6 mi-3
£1,30006/240.61 miCauldwell Hall Road, Ipswich, IP43
£1,30007/240.61 miCauldwell Hall Road, Ipswich, IP43

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.99 miles away

Nearest school

0.20 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £400,000

January 7, 2025

Floor Plans

Description

  • Three double bedroom detached house +
  • Popular Sidegate Lane Primary and Northgate High School area +
  • Off road parking +
  • Double-glazed windows +
  • Gas central heating +
  • Sitting room with bay window +
  • Dining room and conservatory +
  • First floor bathroom with separate WCs on ground and first floors +
  • 50ft Rear garden +
  • Close to Ipswich hospital and local amenities +

Located in the popular Northgate High School area is this three double bedroom detached house

Situated on the north east side of the town within the popular Sidegate Lane Primary and Northgate High School areas is this three double bedroom detached property.

Along with parking, double glazed windows and gas central heating the property has two reception rooms, stripped wooden doors throughout and is conveniently situated for access to Ipswich Hospital and other local amenities.

The hallway has oak-wood floor, stairs to the first floor and an understair cupboard. The sitting room is located to the front, has a bay window, gas fire with stripped pine surround and mantlepiece along with Scandinavian oak-wood floor. To the rear of the hall is a dining room which has sliding patio doors onto the conservatory and a wooden floor. Adjacent to this is the kitchen which has a door to the rear garden and is equipped with a range of base units, wall cupboards, work tops and drawers. There is an integrated four-ring gas hob, electric oven and an extractor hood. The conservatory is of wooden construction, double glazed and has French doors onto the rear garden. Also to the ground floor there is a cloakroom comprising a WC and basin.

The landing provides access to all three double bedrooms, family bathroom and a separate WC. Bedroom one is located to the front with a bay window and a built-in cupboard. Bedrooms two and three are located to the rear with bedroom two having a built-in wardrobes and all bedrooms having a natural oak-wood floors. The bathroom comprises a bath, basin and built-in cupboard. There is a separate WC with window to the side and WC.

Outside
Outside
To the front of the property there is a substantial driveway which is laid predominantly to gravel providing parking for a number of vehicles. The remainder of the garden is laid to flower beds and shrubs.

To the rear of the property there is a 50ft garden which has a patio area and is predominantly laid to lawn with a range of trees, flower beds and shrubs.

Directions

Please use a Sat Nav with the postcode IP4 4LH and upon heading out of town in an easterly direction along Rushmere Road the property can be found on the left, just after the turning for Westbury Road identified by a Fenn Wright board.

Important Information

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

Agent Details

Fenn Wright, Ipswich

01473 943943

Next Steps?

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