3 Bed Terraced House, Single Let, Ipswich, IP2 9EQ, £250,000

Downing Close, Ipswich, IP2 9EQ - 2 views - 3 months ago

Sold STC
BTL
~93 m²
+18 photos

ValuationUndervalued

Sold Prices£160K - £650K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£271,091
BMV8%

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

£995 - £1,600

Rent Estimate

£1,025

Running Costs/mo

£1,006

Cashflow/mo

£19

Cashflow/yr

£225

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £160K to £650K, average is £248.8K. £1.4K/m² to £4.9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£184K12/200.01 mi117, Downing Close, Ipswich, Suffolk IP2 9EQ3
£275K10/200.12 mi4, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£300K04/230.12 mi14, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£366K05/230.12 mi98, Sandringham Close, Ipswich, Suffolk IP2 9DU3
£200K05/210.15 mi158, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£235K06/230.15 mi150, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£160K10/200.15 mi11, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£210K06/230.15 mi56, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£350K06/210.16 mi28, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£357.5K03/210.16 mi40, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£360K08/210.17 mi34, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£315K11/200.17 mi26, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£270K10/200.17 mi14, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£285K02/230.18 mi44, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£275K01/230.18 mi119, Mallard Way, Ipswich, Suffolk IP2 9LZ3
£650K02/210.21 mi263, Belstead Road, Ipswich, Suffolk IP2 9DX3
£250K02/230.22 mi85, Sandpiper Road, Ipswich, Suffolk IP2 9HT3
£240K10/220.26 mi56, Sandpiper Road, Ipswich, Suffolk IP2 9HU3
£285K07/230.26 mi46, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£250K03/210.26 mi37, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£247.5K04/230.26 mi84, Plover Road, Ipswich, Suffolk IP2 9ND3
£225K12/220.26 mi29, Plover Road, Ipswich, Suffolk IP2 9ND3
£220K03/210.27 mi62, Mallard Way, Ipswich, Suffolk IP2 9LX3
£200K04/210.28 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£295K08/220.28 mi22, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£265K11/220.29 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£200K11/210.3 mi31, Tern Road, Ipswich, Suffolk IP2 9NJ3
£330K03/210.3 mi18, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£184K12/200.33 mi246, Sheldrake Drive, Ipswich, Suffolk IP2 9NF3
£262K09/210.33 mi22, Dawnbrook Close, Ipswich, Suffolk IP2 9JW3
£195K07/210.34 mi10, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£251K01/230.34 mi29, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£253K03/210.34 mi18, Evesham Close, Ipswich, Suffolk IP2 9DH3
£199K06/210.35 mi153, Fountains Road, Ipswich, Suffolk IP2 9SN3
£195K10/210.35 mi37, Fountains Road, Ipswich, Suffolk IP2 9EF3
£215K02/210.36 mi9, Annbrook Road, Ipswich, Suffolk IP2 9JN3
£475K10/220.36 mi203, Belstead Road, Ipswich, Suffolk IP2 9DW3
£255K04/230.36 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£220K03/210.36 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£190K02/230.37 mi37, Dunlin Road, Ipswich, Suffolk IP2 9QE3
£247K11/210.37 mi20, Byland Close, Ipswich, Suffolk IP2 9BQ3
£269K03/230.37 mi20, Byland Close, Ipswich, Suffolk IP2 9BQ3
£195K05/210.37 mi34, Byland Close, Ipswich, Suffolk IP2 9BQ3
£261K07/220.37 mi9, Newark Close, Ipswich, Suffolk IP2 9TS3
£183K03/210.38 mi73, Sheldrake Drive, Ipswich, Suffolk IP2 9NP3
£210K03/230.38 mi68, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£195K02/210.38 mi14, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£231K02/230.38 mi177, Sheldrake Drive, Ipswich, Suffolk IP2 9JU3
£200K07/210.38 mi16, Kittiwake Close, Ipswich, Suffolk IP2 9NT3
£252K02/230.39 mi37, Annbrook Road, Ipswich, Suffolk IP2 9JP3

Local Rents

30 rents from £995/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,60001/250.02 mi-3
£1,00005/240.15 miFitzwilliam Close, Ipswich IP23
£1,09507/240.17 miFitzwilliam Close, Ipswich3
£1,09508/240.17 miFitzwilliam Close, Ipswich3
£1,20007/240.28 miRamsey Road, Ipswich3
£1,35009/240.33 miDawnbrook Close, Ipswich, Suffolk, IP23
£1,20007/240.35 miAnnbrook Road, Ipswich, Suffolk, IP23
£1,25006/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20007/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20008/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,25005/240.38 miGlastonbury Close, Ipswich3
£1,20004/240.39 miSheldrake Drive, Ipswich, Suffolk, IP23
£99506/240.4 miAbbotsbury Close, Ipswich3
£1,09509/240.46 miSorrel Close, Ipswich3
£1,25004/240.47 mi-3
£99507/240.48 miFritton Close, IP23
£1,10005/240.48 miFritton Close, Ipswich, Suffolk, IP2 9TE3
£1,05006/240.49 miIrlam Road, IP23
£1,39508/240.49 miIrlam Road, Ipswich, IP23
£1,35008/240.49 mi-3
£1,00004/240.52 miHeatherhayes, Ipswich, Suffolk, IP23
£1,25008/240.52 miDaffodil Close, Ipswich, Suffolk, IP23
£1,20004/240.57 miIpswich3
£1,10004/240.58 miCanterbury Close, Ipswich, Suffolk, IP23
£1,20007/240.58 miBridgwater Road, IPSWICH3
£1,25007/240.58 miBridgwater Road, IP23
£1,20007/240.58 miBridgwater Road, IP23
£1,45003/250.59 mi-3
£1,25008/240.6 miBunting Road3
£1,20008/240.61 miRadcliffe Drive, Ipswich3

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

1.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £250,000

January 8, 2025

Floor Plans

Description

  • Three DOUBLE bedrooms +
  • Kitchen/diner +
  • Workshop +
  • Gas central heating +
  • Double glazed +
  • Downstairs cloakroom +
  • Well kept and well presented +
  • Ideal location +
  • Garden +
  • End terraced +

We are delighted to be marketing this well presented and well kept three bedroom home. The property is positioned in an ideal location close to schools, amenities and a short drive into the town centre which offers a wealth of restaurants and activities. Internally the property benefits from, on the ground floor: Porch, entrance hall, living room, kitchen/diner and cloakroom. To the first floor: Landing, bedroom one which features a built in wardrobe, bedroom two which also features a built in wardrobe, bedroom two and the family bathroom. Externally the property benefits from a low maintenance garden area to the front which features decking area, paved space and brick built storage sheds. To the rear aspect is a well kept garden which features decking area, lawn and workshop. The property also benefits from non allocated communal car parking spaces. The property has been upgraded with love over the course of ownership and is now ready for new owners to come in and make it their own. Call now to register your interest and arrange a private first hand viewing.

Agent Details

Marks & Mann Estate Agents Ltd, Covering Suffolk

01473 938325

Next Steps?

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