3 Bed Terraced House, Single Let, Ipswich, IP2 8JP, £190,000

Wherstead Road, Ipswich, IP2 8JP - 2 views - 3 months ago

BTL
ROI: 3%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£99.5K - £336.5K
Sold Prices/m²£1.4K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£223,200
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£850 - £2,100

Rent Estimate

£919

Running Costs/mo

£798

Cashflow/mo

£121

Cashflow/yr

£1,457

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £99.5K to £336.5K, average is £187K. £1.4K/m² to £3.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£185K12/200.01 mi96, Wherstead Road, Ipswich, Suffolk IP2 8JP3
£162K04/230.09 mi5, Webb Street, Ipswich, Suffolk IP2 8RR3
£164K03/210.12 mi64, Croft Street, Ipswich, Suffolk IP2 8EF3
£185K03/230.15 mi21, Bradley Street, Ipswich, Suffolk IP2 8DU3
£150K06/210.15 mi20, Bradley Street, Ipswich, Suffolk IP2 8DU3
£167K06/230.15 mi5, Bradley Street, Ipswich, Suffolk IP2 8DU3
£120K10/220.16 mi212, Wherstead Road, Ipswich, Suffolk IP2 8JZ3
£165K12/200.16 mi220, Wherstead Road, Ipswich, Suffolk IP2 8JZ3
£145K03/210.17 mi19, Hartley Street, Ipswich, Suffolk IP2 8DR3
£99.5K08/210.17 mi17, Hartley Street, Ipswich, Suffolk IP2 8DR3
£160K10/210.18 mi9, Shelley Street, Ipswich, Suffolk IP2 8DT3
£150K02/210.19 mi23, Purplett Street, Ipswich, Suffolk IP2 8HH3
£200K11/220.2 mi14, Littles Crescent, Ipswich, Suffolk IP2 8DP3
£152.5K05/210.2 mi10, Littles Crescent, Ipswich, Suffolk IP2 8DP3
£156K11/200.2 mi24, Littles Crescent, Ipswich, Suffolk IP2 8DP3
£220K03/210.22 mi22, Martin Road, Ipswich, Suffolk IP2 8BJ3
£200K02/210.22 mi10, Martin Road, Ipswich, Suffolk IP2 8BJ3
£228.8K04/210.23 mi2, Martin Road, Ipswich, Suffolk IP2 8BJ3
£205K03/210.23 mi32, Martin Road, Ipswich, Suffolk IP2 8BJ3
£260K06/230.23 mi2, Martin Road, Ipswich, Suffolk IP2 8BJ3
£208.5K05/230.23 mi25, Martin Road, Ipswich, Suffolk IP2 8BJ3
£315K11/220.25 mi67, Belstead Avenue, Ipswich, Suffolk IP2 8NT3
£173.5K03/210.26 mi3, Seymour Road, Ipswich, Suffolk IP2 8EN3
£190K06/230.26 mi6, Philip Road, Ipswich, Suffolk IP2 8BH3
£135K10/200.26 mi33, Rectory Road, Ipswich, Suffolk IP2 8EH3
£186K05/230.26 mi31, Rectory Road, Ipswich, Suffolk IP2 8EH3
£135K10/200.26 mi33, Rectory Road, Ipswich, Suffolk IP2 8EH3
£190K10/220.26 mi14, Rectory Road, Ipswich, Suffolk IP2 8EH3
£130K08/210.26 mi7, Bulstrode Road, Ipswich, Suffolk IP2 8HA3
£336.5K12/220.27 mi26, Luther Road, Ipswich, Suffolk IP2 8BN3
£187.5K09/210.3 mi221, Wherstead Road, Ipswich, Suffolk IP2 8LD3
£180.5K01/210.3 mi219, Wherstead Road, Ipswich, Suffolk IP2 8LD3
£181K01/210.3 mi248, Wherstead Road, Ipswich, Suffolk IP2 8LE3
£185K02/210.3 mi246, Wherstead Road, Ipswich, Suffolk IP2 8LE3
£200K06/230.3 mi284, Wherstead Road, Ipswich, Suffolk IP2 8LE3
£200K08/210.3 mi27, Philip Road, Ipswich, Suffolk IP2 8BQ3
£185K02/210.3 mi22, La Salle Close, Ipswich, Suffolk IP2 8NA3
£186.5K03/210.3 mi15, La Salle Close, Ipswich, Suffolk IP2 8NA3
£218K10/200.3 mi21, La Salle Close, Ipswich, Suffolk IP2 8NA3
£250K11/200.3 mi33, La Salle Close, Ipswich, Suffolk IP2 8NA3
£210K07/230.31 mi7, Stoke Hall Road, Ipswich, Suffolk IP2 8EJ3
£325K07/230.33 mi8, Belstead Avenue, Ipswich, Suffolk IP2 8NP3
£215K10/200.33 mi53, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£220K02/210.33 mi37, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£295K03/230.33 mi55, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£267.5K04/210.33 mi27, Belstead Road, Ipswich, Suffolk IP2 8AU3
£270K09/210.34 mi35a, Belstead Avenue, Ipswich, Suffolk IP2 8NR3
£180.5K09/210.34 mi20, Belstead Road, Ipswich, Suffolk IP2 8AX3
£216K10/200.38 mi134, Maidenhall Approach, Ipswich, Suffolk IP2 8PF3
£226K03/230.39 mi336, Wherstead Road, Ipswich, Suffolk IP2 8LF3

Local Rents

34 rents from £850/mo to £2.1K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05003/240.09 mi-3
£1,35009/240.1 miHawes Street, IPSWICH3
£1,00004/240.12 miIpswich, Suffolk3
£1,20001/240.13 miHartley Street, Ipswich3
£85005/240.14 mi-3
£92504/240.15 mi-3
£2,00004/240.19 mi-3
£1,80003/250.19 mi-3
£1,10006/240.19 miAshley Street, IPSWICH3
£2,10007/240.19 mi-3
£1,05003/240.19 mi-3
£95004/240.19 mi-3
£1,19508/240.19 miPurplett Street, Ipswich3
£1,10004/240.21 miRectory Road, Ipswich3
£1,05007/240.21 mi-3
£1,19508/240.21 mi-3
£90005/240.26 miSeymour Road, Ipswich, IP23
£1,10004/240.26 miRectory Road, Ipswich3
£1,25004/240.26 miRectory Road, Ipswich3
£1,40002/250.27 mi-3
£1,10004/250.28 mi-3
£1,25009/240.3 mi-3
£1,20008/240.3 miWherstead Road, Ipswich IP23
£1,20003/240.37 mi-3
£1,25009/240.38 miChesham Road, Ipswich, IP23
£1,10001/240.38 miBurrell Road, Ipswich3
£1,05006/240.4 miBriarhayes Close, Ipswich, IP23
£1,60004/240.46 miPENTHOUSE APARTMENT Anchor Street, Ipswich Waterfront, Suffolk, IP33
£1,70001/240.46 miKey Street, Ipswich, Suffolk, IP43
£1,59504/240.49 miWentworth House, Burrell Road, Ipswich3
£1,05004/240.51 miFlint Close, Ipswich3
£1,35004/240.51 miMaude Street Town House3
£1,10004/240.58 miMontgomery Road, Ipswich, Suffolk, IP23
£1,30001/240.59 miTurret Lane, Ipswich, Suffolk, IP43

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

0.95 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £190,000

January 18, 2025

Floor Plans

Description

  • CLOSE TO TOWN +
  • BRAND NEW BOILER +
  • BRAND NEW BATHROOM +
  • RECENTLY RENOVATED +
  • A14/A12 ACCESS +
  • ON STREET PARKING +

Introducing this beautifully renovated 3-bedroom terraced house located in the popular Stoke Park area of Ipswich. This property has been thoughtfully updated to provide modern comfort and style, making it an ideal choice for families, first-time buyers, or investors.

The home features a brand-new boiler and a newly fitted bathroom, ensuring efficiency and contemporary appeal. The exterior has been re-rendered, enhancing its curb appeal, while a new felt roof has been added to the rear of the property, offering peace of mind and durability. Inside, the property benefits from a practical layout, including a downstairs bathroom for added convenience.

Situated in a desirable residential area, this home offers easy access to local amenities, schools, and transport links, combining practicality with stylish living. Move-in ready and finished to a high standard, this property is a must-see for those seeking a beautifully updated home in a fantastic location.

Agent Details

haart, Ipswich

01473 943783

Next Steps?

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