3 Bed Semi-Detached House, Single Let, Ipswich, IP4 4LQ, £250,000

87 Rushmere Road, Ipswich, Suffolk, IP4 4LQ - 4 months ago

Sold STC
BTL
83 m²
+2 photos

ValuationOvervalued

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

 

 

Square Metres

83 m²
Price/m²£3K/m²

Value Estimate

£228,817

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£950 - £1,690

Rent Estimate

£950

Running Costs/mo

£991

Cashflow/mo

£-41

Cashflow/yr

£-495

Gross Yield

5%

Local Sold Prices

50 sold prices from £163.5K to £680K, average is £240.5K. £1.8K/m² to £4.1K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£191.3K08/210.05 mi79, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£208K12/200.06 mi81, Schreiber Road, Ipswich, Suffolk IP4 4NJ3
£218K08/210.07 mi41, Reading Road, Ipswich, Suffolk IP4 4NR3
£180K05/230.09 mi47, Leopold Road, Ipswich, Suffolk IP4 4RP3
£680K01/230.1 mi112, Rushmere Road, Ipswich, Suffolk IP4 4JX3
£420K09/210.1 mi33, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£213.5K10/220.1 mi32, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£220K04/210.11 mi58, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£219K06/210.11 mi20, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£225K02/230.11 mi19, Reading Road, Ipswich, Suffolk IP4 4NP3
£229K06/230.13 mi25, Reading Road, Ipswich, Suffolk IP4 4NP3
£340K01/230.14 mi4, Norbury Road, Ipswich, Suffolk IP4 4RQ3
£258K09/210.15 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£235K01/210.15 mi11, Rushmere Road, Ipswich, Suffolk IP4 4LD3
£206K11/200.16 mi803, Woodbridge Road, Ipswich, Suffolk IP4 4NN3
£218K02/210.17 mi709, Woodbridge Road, Ipswich, Suffolk IP4 4NB3
£220K11/210.18 mi831, Woodbridge Road, Ipswich, Suffolk IP4 4NS3
£295K03/210.19 mi66, Leopold Road, Ipswich, Suffolk IP4 4RN3
£305K06/230.19 mi92, Leopold Road, Ipswich, Suffolk IP4 4RN3
£237.5K01/230.19 mi41, Rushbury Close, Ipswich, Suffolk IP4 4RB3
£280K05/230.21 mi4, Roundwood Road, Ipswich, Suffolk IP4 4LX3
£207.5K09/210.21 mi57, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£360K09/210.21 mi66, Roundwood Road, Ipswich, Suffolk IP4 4LT3
£241K06/210.22 mi44, Kirby Street, Ipswich, Suffolk IP4 4PT3
£225.5K02/210.23 mi21, Howard Street, Ipswich, Suffolk IP4 4PL3
£255K11/200.25 mi12, Crozier Mews, Ipswich, Suffolk IP4 4PA3
£180K02/210.25 mi17, Milton Street, Ipswich, Suffolk IP4 4PP3
£500K11/220.25 mi33, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QD3
£320K01/210.25 mi25, Bristol Road, Ipswich, Suffolk IP4 4LP3
£265K06/210.25 mi18, Bristol Road, Ipswich, Suffolk IP4 4LP3
£260K01/230.26 mi10, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£266K03/230.26 mi20, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£240K03/230.26 mi24, Stradbroke Road, Ipswich, Suffolk IP4 4LS3
£365K06/210.26 mi235, Colchester Road, Ipswich, Suffolk IP4 4SJ3
£425K09/210.27 mi45, Sidegate Avenue, Ipswich, Suffolk IP4 4JH3
£185K12/200.27 mi79, Roundwood Road, Ipswich, Suffolk IP4 4LY3
£192K11/200.27 mi154, Roundwood Road, Ipswich, Suffolk IP4 4LY3
£315K01/210.28 mi201, Colchester Road, Ipswich, Suffolk IP4 4SL3
£163.5K12/200.29 mi189, Colchester Road, Ipswich, Suffolk IP4 4SL3
£322.5K11/200.3 mi75, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QG3
£205K07/210.3 mi486, Spring Road, Ipswich, Suffolk IP4 5LZ3
£390K05/230.3 mi152, Colchester Road, Ipswich, Suffolk IP4 4RS3
£468K02/230.31 mi12, Digby Road, Ipswich, Suffolk IP4 3ND3
£281K11/210.31 mi2, Mandy Close, Ipswich, Suffolk IP4 5JE3
£325K12/200.31 mi308, Colchester Road, Ipswich, Suffolk IP4 4QU3
£180K04/210.32 mi378, Spring Road, Ipswich, Suffolk IP4 5NE3
£300K04/210.32 mi58, Sidegate Lane, Ipswich, Suffolk IP4 4JA3
£240K12/200.32 mi16, Gordon Road, Ipswich, Suffolk IP4 4HL3
£219K12/220.32 mi2, Cowper Street, Ipswich, Suffolk IP4 5JD3
£257.5K02/230.33 mi564, Spring Road, Ipswich, Suffolk IP4 5LX3

Local Rents

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

RentDateDistanceAddressBeds 
£1,05010/230.06 mi-3
£1,05001/250.06 mi-3
£1,07003/250.06 mi-3
£1,19507/240.09 miLEOPOLD ROAD, Ipswich, IP43
£1,30004/240.14 miNorbury Road, IPSWICH3
£1,35004/240.25 mi-3
£1,29510/240.28 mi-3
£1,29508/240.28 miStradbroke Road, Ipswich, IP43
£1,25001/240.3 miWoodbridge Road, Ipswich3
£1,10012/240.32 mi-3
£1,10004/250.32 mi-3
£95002/240.33 mi-3
£1,05009/240.33 mi-3
£1,05009/240.33 miSpring Road, Ipswich, IP43
£1,25002/240.35 mi-3
£1,39511/240.35 mi-3
£1,20006/240.35 miNelson Road, Ipswich, Suffolk, IP43
£1,20001/240.38 miErnleigh Road, Ipswich, IP43
£95007/240.41 miMeadow Vale Close, Ipswich3
£1,30006/240.41 miMeadowvale Close, Ipswich, IP43
£1,40004/240.44 mi-3
£1,20004/250.46 mi-3
£1,30008/240.46 miLancing Avenue, Ipswich, Suffolk, UK, IP43
£99504/240.46 miUpland Road, Ipswich, IP43
£99507/240.46 miUpland Road, Ipswich, IP43
£1,47510/240.48 mi-3
£99507/240.53 miSt Johns Road, Ipswich, IP43
£1,40004/240.56 miHeath Road, IPSWICH3
£1,30007/240.56 miHeath Road, Ipswich, IP43
£1,30008/240.56 miHeath Road, Ipswich, IP43
£1,69003/250.56 mi-3
£1,30004/240.56 miColchester Road, Ipswich3
£1,30007/240.57 miSt Anthonys Crescent, Ipswich, IP43
£1,30006/240.59 miCauldwell Hall Road, Ipswich, IP43
£1,30007/240.59 miCauldwell Hall Road, Ipswich, IP43
£1,35008/240.59 miGoring Road, IPSWICH3

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.94 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

Listed for £250,000

January 8, 2025

Floor Plans

Description

  • Three bedrooms +
  • Parking for a small car +
  • Shower room +
  • Kitchen/breakfast room +
  • North-east Ipswich +
  • Northgate High School area +
  • Sitting/dining room +
  • Double glazing and gas central heating +

Offered for sale with no onward chain is this three bedroom semi-detached property located on the east side of Ipswich providing good access to Ipswich Hospital and popular schools.

Along with gas central heating and double glazed windows the property has a parking space and a first floor shower room. A range of local amenities, including the town centre and Ipswich Hospital, are within easy travel distance.

The reception hall has stairs to the first floor. The sitting/dining room has windows to front and rear along with a feature fireplace. The kitchen/breakfast room has a window to the side and patio doors to the rear. It is well equipped with a range of base and eye-level units, work tops, drawers, understair cupboards and integrated appliances include a dishwasher, fridge and freezer.

The landing provides access to all three bedrooms and the family shower room. Bedroom one is located to the front of the property with three windows. Bedrooms two and three are located to the rear. The shower room has a window to the side and comprises a basin, WC and shower.

Outside
To the front of the property there is a hard standing area providing a parking space for a small vehicle.

The rear garden is predominantly laid to lawn with a path leading to the rear where there is a patio area and sheds. It is enclosed by fencing, flower beds and shrubs. There is also a side pedestrian access.

Directions

Please use a Sat Nav with the postcode IP4 4LQ, for further directions please contact a member of our sales team on .

Important Information

Council Tax Band - B
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 💪