2 Bed Terraced House, Single Let, Ipswich, IP4 4NB, £230,000

Woodbridge Road, Ipswich, Suffolk, IP4 4NB - 3 months ago

Sold STC
BTL
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£90K - £268K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£191,810

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£795 - £1,200

Rent Estimate

£796

Running Costs/mo

£898

Cashflow/mo

£-102

Cashflow/yr

£-1,223

Gross Yield

4%

Local Sold Prices

50 sold prices from £90K to £268K, average is £185K. £1.4K/m² to £4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£265K05/230.04 mi753, Woodbridge Road, Ipswich, Suffolk IP4 4NE2
£183K03/210.05 mi24, Phoenix Road, Ipswich, Suffolk IP4 4ND2
£180K03/210.06 mi62, Rushmere Road, Ipswich, Suffolk IP4 4LA2
£205K03/210.06 mi54, Rushmere Road, Ipswich, Suffolk IP4 4LA2
£90K08/230.07 mi32, Schreiber Road, Ipswich, Suffolk IP4 4NG2
£200K06/230.07 mi18, Schreiber Road, Ipswich, Suffolk IP4 4NG2
£165K10/200.07 mi32, Schreiber Road, Ipswich, Suffolk IP4 4NG2
£242K12/220.12 mi31, Reading Road, Ipswich, Suffolk IP4 4NP2
£145K06/210.13 mi60, Schreiber Road, Ipswich, Suffolk IP4 4NJ2
£220K01/230.16 mi241, Spring Road, Ipswich, Suffolk IP4 5NF2
£190K03/210.17 mi62, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QE2
£194K01/210.2 mi430, Spring Road, Ipswich, Suffolk IP4 5NB2
£160K02/210.2 mi428, Spring Road, Ipswich, Suffolk IP4 5NB2
£200K07/230.21 mi131, Spring Road, Ipswich, Suffolk IP4 5NH2
£180K11/220.23 mi520, Spring Road, Ipswich, Suffolk IP4 5LZ2
£200K09/210.23 mi321, Spring Road, Ipswich, Suffolk IP4 5NA2
£185K02/230.24 mi359, Spring Road, Ipswich, Suffolk IP4 5NA2
£203.5K05/210.26 mi2, Bloomfield Street, Ipswich, Suffolk IP4 5JG2
£156K08/210.27 mi57, Upland Road, Ipswich, Suffolk IP4 5BT2
£160K09/210.29 mi11, Boston Road, Ipswich, Suffolk IP4 4EQ2
£175K02/210.29 mi21, Boston Road, Ipswich, Suffolk IP4 4EQ2
£170K02/210.29 mi1, Boston Road, Ipswich, Suffolk IP4 4EQ2
£204K02/230.31 miUpland Centre, 2, Upland Road, Ipswich, Suffolk IP4 5BT2
£177K08/210.32 mi30, Ringham Road, Ipswich, Suffolk IP4 5BX2
£157K04/210.33 mi68, Bloomfield Street, Ipswich, Suffolk IP4 5JH2
£227K02/230.34 mi147, Cauldwell Hall Road, Ipswich, Suffolk IP4 5DA2
£190K06/230.34 mi147a, Cauldwell Hall Road, Ipswich, Suffolk IP4 5DA2
£178K06/230.35 mi174, Cauldwell Hall Road, Ipswich, Suffolk IP4 5DB2
£185K07/220.35 mi61, The Street, Shotley, Ipswich, Suffolk IP9 1NQ2
£170K03/210.35 mi379, Woodbridge Road, Ipswich, Suffolk IP4 4ES2
£188K11/200.37 mi29, Hutland Road, Ipswich, Suffolk IP4 4EZ2
£200K12/200.39 mi7, Khartoum Road, Ipswich, Suffolk IP4 4EX2
£184K12/220.44 mi28, Brunswick Road, Ipswich, Suffolk IP4 4BL2
£145K11/200.44 mi42, Kemball Street, Ipswich, Suffolk IP4 5EE2
£202.5K06/210.44 mi38, Kemball Street, Ipswich, Suffolk IP4 5EE2
£175K08/210.45 mi2, Parliament Road, Ipswich, Suffolk IP4 5ET2
£268K12/220.48 mi68, Henslow Road, Ipswich, Suffolk IP4 5EQ2
£195K09/210.48 mi42, Parade Road, Ipswich, Suffolk IP4 4BH2
£164.5K02/210.48 mi6, Parade Road, Ipswich, Suffolk IP4 4BH2
£221K02/230.49 mi37, Parliament Road, Ipswich, Suffolk IP4 5ET2
£157K04/210.49 mi18, Parliament Road, Ipswich, Suffolk IP4 5ET2
£200K12/220.5 mi25, Parade Road, Ipswich, Suffolk IP4 4BH2
£200K11/210.5 mi67, Kemball Street, Ipswich, Suffolk IP4 5EB2
£232.8K07/230.53 mi305d, Cauldwell Hall Road, Ipswich, Suffolk IP4 5AJ2
£157.5K08/210.54 mi24, Tennyson Road, Ipswich, Suffolk IP4 1PG2
£145K11/200.55 mi14, Tennyson Road, Ipswich, Suffolk IP4 1PG2
£187K07/230.56 mi17, Wellesley Road, Ipswich, Suffolk IP4 1PH2
£166K12/200.56 mi128, Kemball Street, Ipswich, Suffolk IP4 5EA2
£175K04/230.57 mi163, Woodville Road, Ipswich, Suffolk IP4 1PE2
£230K06/230.57 mi129, Woodville Road, Ipswich, Suffolk IP4 1PE2

Local Rents

50 rents from £795/mo to £1.2K/mo, average is £945/mo.

RentDateDistanceAddressBeds 
£89507/240.06 miRushmere Road, Ipswich, IP42
£87507/240.14 miLeopold Road, Ipswich, Suffolk, IP42
£95010/230.17 mi-2
£1,20009/240.17 mi-2
£1,10006/240.17 mi-2
£97507/240.18 miSpring Road, Ipswich, Suffolk, IP42
£1,00012/240.19 mi-2
£87504/240.19 miCowper Street, Ipswich2
£1,00001/240.2 miSpring Road, Ipswich2
£95005/240.2 miSpring Road, Ipswich2
£94007/240.23 mi-2
£90006/240.23 mi-2
£97504/240.23 miSpring Road, Ipswich, Suffolk, IP42
£89506/240.25 miNelson Road, East Ipswich, Ipswich, IP42
£85008/240.29 mi-2
£85008/240.29 miOakstead Close, Ipswich, IP42
£99505/240.29 miUpland Road, Ipswich2
£97508/240.3 miSpring Road, Ipswich, Suffolk, IP42
£1,10008/240.3 mi-2
£1,10007/240.3 miBloomfield Street, Ipswich, IP42
£87504/240.31 miUpland Road, Ipswich, IP42
£89509/240.31 miUpland Road, IP42
£1,05007/240.34 miBurnham Close, Ipswich2
£80007/240.35 miOakstead Close, Ipswich, IP42
£97508/240.36 miWoodbridge Road, Ipswich, Suffolk, IP42
£92504/240.36 miWoodbridge Road, Ipswich, Suffolk, IP42
£87504/240.44 miBrunswick Road, IP42
£92508/240.44 miSt. Marys Road, Ipswich, Suffolk, UK, IP42
£95010/230.45 mi-2
£99503/250.45 mi-2
£95008/240.46 miSt Marys Road, IPSWICH2
£79509/240.46 miCauldwell Hall Road, Ipswich, Suffolk, UK, IP42
£1,20004/240.46 miWhitby Road, IPSWICH2
£97507/240.48 miParade Road, Ipswich, Suffolk, IP42
£97507/240.48 miParade Road, Ipswich, IP42
£89509/240.49 miParliament Road, Ipswich, Suffolk, IP42
£90004/240.49 miParliament Road, Ipswich, Suffolk, IP42
£1,10004/240.49 miParliament Road, IP4 2
£89506/240.49 miParliament Road, Ipswich, IP42
£95009/240.49 miParliament Road, Ipswich, Suffolk, IP42
£90007/240.5 miHenslow Road, Ipswich, Suffolk, UK, IP42
£95006/240.5 miParade Road, Ipswich, Suffolk, IP42
£97512/240.52 mi-2
£90006/240.52 miTennyson Road, Ipswich, Suffolk, UK, IP42
£92507/240.52 miTennyson Road, Ipswich, Suffolk, UK, IP42
£82504/240.54 miTennyson Road, Ipswich, Suffolk, IP42
£90011/240.55 mi-2
£90006/240.57 miCauldwell Hall Road, Ipswich2
£1,00004/240.58 miWellesley Road, Ipswich, Suffolk, IP42
£79504/240.58 miDarwin Road, Ipswich, IP42

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Price changed to £230,000

January 31, 2025

Listed for £240,000

January 9, 2025

Floor Plans

Description

  • Mid Terrace House +
  • Two Large Double Bedrooms +
  • Footprint of a Three Bedroom House +
  • Two Separate Reception Rooms +
  • Kitchen & Utility Room +
  • Large Four Piece First Floor Bathroom +
  • Off-Road Parking for One Car +
  • Good Size Rear Garden +

Situated towards the sought after north east side of Ipswich just a few minutes walk from Ipswich Hospital and falling within the Copleston School catchment area lies this nicely presented two bedroom mid terrace house. The property is full of character, has the footprint of a three bedroom property, benefits from off-road parking to the front for one car and a good size rear garden, and would make an ideal first time / investment purchase. As agents, we recommend the earliest possible internal viewing to fully appreciate the quality and size of the accommodation on offer which comprises entrance hall, two good size reception rooms, kitchen and utility room, first floor landing, a large four piece bathroom which was formerly the third bedroom, and two good size double bedrooms.

The county town of Ipswich offers a range of local amenities including schools, university, shops, doctors, dental surgeries, hospital, two theatres, parks including the popular Orwell Country Park, recreational facilities, and mainline railway station providing direct links to London Liverpool Street Station with a journey time of approximately 1hr 15mins. The vibrant waterfront has undergone an extensive rebuilding and gentrification programme and now boasts some fashionable bars and restaurants, together with the University of Suffolk.

Council tax band: A
EPC Rating: D

Agent Details

Palmer & Partners, Suffolk

01473 211705

Next Steps?

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