3 Bed Semi-Detached House, Single Let, Ipswich, IP2 0JH, £285,000

Lavenham Road, Ipswich, Suffolk, IP2 0JH - 1 views - 3 months ago

Sold STC
BTL
~93 m²
+35 photos

ValuationOvervalued

Sold Prices£105K - £507.5K
Sold Prices/m²£1K/m² - £5.3K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£255,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£900 - £1,650

Rent Estimate

£925

Running Costs/mo

£1,096

Cashflow/mo

£-171

Cashflow/yr

£-2,047

Gross Yield

4%

Local Sold Prices

50 sold prices from £105K to £507.5K, average is £219.3K. £1K/m² to £5.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£260K02/230.03 mi13, Lavenham Road, Ipswich, Suffolk IP2 0JH3
£132K07/210.03 mi1, Lavenham Road, Ipswich, Suffolk IP2 0JH3
£232K12/200.04 mi42, Lavenham Road, Ipswich, Suffolk IP2 0LA3
£230K03/210.06 mi1, Anita Close West, Ipswich, Suffolk IP2 0JJ3
£255K12/220.08 mi25, Dickens Road, Ipswich, Suffolk IP2 0JW3
£233K06/210.09 mi117, Hadleigh Road, Ipswich, Suffolk IP2 0DR3
£170K03/210.11 mi20, Copperfield Road, Ipswich, Suffolk IP2 0JT3
£290K08/230.18 mi60, Milden Road, Ipswich, Suffolk IP2 0LB3
£260K03/210.18 mi38, Milden Road, Ipswich, Suffolk IP2 0LB3
£261K05/230.18 mi14, Milden Road, Ipswich, Suffolk IP2 0LB3
£220K03/210.18 mi5, Milden Road, Ipswich, Suffolk IP2 0LB3
£255K09/210.18 mi26, Milden Road, Ipswich, Suffolk IP2 0LB3
£275K01/230.2 mi84, Lavenham Road, Ipswich, Suffolk IP2 0LD3
£305K12/220.22 mi90, Lavenham Road, Ipswich, Suffolk IP2 0LD3
£168K01/210.22 mi7, Columbine Gardens, Ipswich, Suffolk IP2 0XA3
£270K11/210.25 mi100, Hadleigh Road, Ipswich, Suffolk IP2 0ER3
£180K02/210.25 mi74, Hadleigh Road, Ipswich, Suffolk IP2 0ER3
£242K07/230.26 mi25, Hadleigh Road, Ipswich, Suffolk IP2 0EP3
£247.5K02/230.27 mi69, Lupin Road, Ipswich, Suffolk IP2 0XF3
£191K03/210.28 mi8, Archangel Gardens, Ipswich, Suffolk IP2 0XD3
£266K10/220.29 mi59, Lupin Road, Ipswich, Suffolk IP2 0XF3
£265K06/230.29 mi75, Lupin Road, Ipswich, Suffolk IP2 0XF3
£507.5K06/210.29 miOrchard Grove, Elton Park Hadleigh Road, Ipswich, Suffolk IP2 0DG3
£187.5K06/210.3 mi40, Iris Close, Ipswich, Suffolk IP2 0NA3
£203.5K08/230.33 mi43, Honeysuckle Gardens, Ipswich, Suffolk IP2 0XE3
£182K04/210.4 mi2, Buddleia Close, Ipswich, Suffolk IP2 0XG3
£237.5K10/210.41 mi84, Coltsfoot Road, Ipswich, Suffolk IP2 0NG3
£200K12/200.41 mi9, Aster Road, Ipswich, Suffolk IP2 0NQ3
£347K07/220.44 miHorley Cottage, Gwydyr Road, Ipswich, Suffolk IP2 0NT3
£370K06/210.44 miWest View, Hadleigh Road, Ipswich, Suffolk IP2 0BT3
£170K07/230.45 mi141, Ranelagh Road, Ipswich, Suffolk IP2 0AF3
£200K05/210.47 mi7, Crocus Close, Ipswich, Suffolk IP2 0LZ3
£205K01/210.47 mi14, Crocus Close, Ipswich, Suffolk IP2 0LZ3
£199K11/200.48 mi41, Aster Road, Ipswich, Suffolk IP2 0NH3
£250K08/210.51 mi51, Campion Road, Ipswich, Suffolk IP2 0LJ3
£178K06/210.54 mi52, Shamrock Avenue, Ipswich, Suffolk IP2 0NN3
£218.5K04/210.54 mi49, Shamrock Avenue, Ipswich, Suffolk IP2 0NN3
£215K08/210.54 mi39, Shamrock Avenue, Ipswich, Suffolk IP2 0NN3
£215K04/210.54 mi34, Shamrock Avenue, Ipswich, Suffolk IP2 0NN3
£265K07/230.55 mi35, Tower Mill Road, Ipswich, Suffolk IP1 4QF3
£240K02/230.56 mi11, Beaconsfield Road, Ipswich, Suffolk IP1 4AD3
£155K04/210.57 mi32, Riverside Road, Ipswich, Suffolk IP1 4AR3
£170K03/210.57 mi6, Riverside Road, Ipswich, Suffolk IP1 4AR3
£168K11/200.57 mi64, Cullingham Road, Ipswich, Suffolk IP1 2EG3
£165K03/230.57 mi6, Cullingham Road, Ipswich, Suffolk IP1 2EG3
£168K11/200.57 mi64, Cullingham Road, Ipswich, Suffolk IP1 2EG3
£205K07/210.58 mi33, Marigold Avenue, Ipswich, Suffolk IP2 0PZ3
£178K11/200.58 mi49, Speedwell Road, Ipswich, Suffolk IP2 0LQ3
£300K03/230.6 mi10, Larchwood Close, Ipswich, Suffolk IP2 0DA3
£105K07/210.6 mi6, Firmin Close, Ipswich, Suffolk IP1 2BF3

Local Rents

50 rents from £900/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.19 miMilden Road, Ipswich3
£1,35008/240.27 miLupin Road, IPSWICH3
£1,40004/240.3 miCowslip Close, IPSWICH3
£1,25008/240.48 miAster Road, IPSWICH3
£1,45003/250.55 mi-3
£1,10004/240.58 miSpeedwell Road, Ipswich, IP23
£1,19504/240.64 miBramford Road, Ipswich, Suffolk, IP13
£1,25008/240.64 miDaffodil Close, Ipswich, Suffolk, IP23
£1,30005/240.64 miSproughton Road, Ipswich3
£98504/240.66 mi-3
£95003/240.67 miElliott Street, Ipswich3
£1,15002/240.67 mi-3
£1,00006/240.67 miBramford Road, Ipswich3
£95008/240.68 miRanelagh Road, Ipswich3
£1,00004/240.69 miBramford Road, IP1, Ipswich 3
£1,09509/240.69 miSorrel Close, Ipswich3
£90003/240.69 miBramford Road, Ipswich3
£1,10005/240.7 miBlakenham Park3
£1,00005/240.7 mi-3
£1,40005/240.7 miSproughton Road, Ipswich, IP13
£99506/240.73 miDillwyn Street West, Ipswich3
£99506/240.73 miDillwyn Street West, Ipswich3
£1,20004/240.74 miIpswich3
£95004/240.76 miKingston Road, Ipswich3
£92504/240.77 miBramford Lane, Ipswich3
£1,12504/240.77 miBramford Lane, IPSWICH3
£1,00005/240.78 miBulwer Road, Ipswich3
£1,00005/240.78 miBulwer Road3
£1,10004/240.79 miSaturn Road, Ipswich, Suffolk, IP13
£1,25006/240.8 miPutney Close, IPSWICH3
£1,34512/230.81 mi-3
£1,10004/240.81 miSaturn Road, Ipswich3
£1,65003/250.83 mi-3
£1,10003/250.83 mi-3
£92501/240.84 mi-3
£1,10004/250.84 mi-3
£1,25008/240.85 miBunting Road3
£1,15004/240.86 miWallace Road, IPSWICH3
£1,25004/240.86 miBramford Road, IPSWICH3
£1,30011/240.87 mi-3
£1,30011/240.87 mi-3
£1,40011/240.87 mi-3
£1,05011/240.88 mi-3
£99501/240.92 mi-3
£99506/240.92 miBramford Lane, Ipswich3
£99506/240.92 miBramford Lane, Ipswich3
£1,30010/240.93 mi-3
£1,10004/240.94 miHawthorn Drive, Ipswich, Suffolk, IP23
£1,20012/240.95 mi-3
£1,20003/250.95 mi-3

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

1.82 miles away

Nearest school

0.30 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £285,000

January 23, 2025

Floor Plans

Description

  • Extended Semi-Detached House +
  • Three Bedrooms +
  • Open Plan Living/Dining Room/Kitchen +
  • Stylish Ground Floor Bathroom +
  • First Floor Shower Room +
  • Off-Road Parking to Front +
  • Large Well-Stocked Rear Garden +
  • EV Charging Point +
  • New Boiler +
  • 10 Solar Panels Generating an Income +

This beautifully presented three bedroom semi-detached house, situated towards the south west side of Ipswich a mere one minute walk from the 124 acres of Chantry Park and just a five minute drive from Ipswich train station, has had a rear ground floor extension creating a fantastic open plan living / dining room / kitchen. The property occupies a good size plot and benefits from off-road parking to the front for two cars, a large well-stocked rear garden, EV charging point that was installed in 2023, wood burner that was installed three years ago, new boiler which was installed in 2023, and 10 solar panels installed in 2021 generating an income so, for six months of the year, the current owners do not buy electricity. As agents, we recommend the earliest possible internal viewing to appreciate the quality of accommodation on offer which comprises entrance hall, 24ft living room with wood burner which opens through to the modern kitchen which in turns opens into the dining room, stylish ground floor bathroom with freestanding bath, first floor landing, three bedrooms, and a shower room.

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: C
EPC Rating: D - An updated rating is expected due to the installation of the solar panels.

Agent Details

Palmer & Partners, Suffolk

01473 211705

Next Steps?

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