2 Bed Terraced House, Single Let, Ipswich, IP1 3PE, £290,000

45 Orford Street, Ipswich, Suffolk, IP1 3PE - 3 months ago

BTL
~98 m²
+11 photos

ValuationOvervalued

Sold Prices£118K - £585K
Sold Prices/m²£1.8K/m² - £4.4K/m²

 

 

Square Metres

~97.62 m²
Price/m²£3K/m²

Value Estimate

£242,590

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£20,200

Total Cash In

£92,700

 

 

Cash Out

 

Rent Range

£695 - £1,800

Rent Estimate

£800

Running Costs/mo

£1,086

Cashflow/mo

£-286

Cashflow/yr

£-3,435

Gross Yield

3%

Local Sold Prices

50 sold prices from £118K to £585K, average is £175K. £1.8K/m² to £4.4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£185K10/210.05 mi14, Cardigan Street, Ipswich, Suffolk IP1 3PF2
£300K02/210.08 mi23, Alpe Street, Ipswich, Suffolk IP1 3NZ2
£279K08/210.08 mi17, Alpe Street, Ipswich, Suffolk IP1 3NZ2
£237.5K03/230.09 mi36, Orford Street, Ipswich, Suffolk IP1 3NS2
£170K07/210.1 mi52, Ann Street, Ipswich, Suffolk IP1 3PD2
£142K03/210.1 mi33, Ann Street, Ipswich, Suffolk IP1 3PD2
£158K08/230.1 mi51, Ann Street, Ipswich, Suffolk IP1 3PD2
£125K04/210.17 mi7, Granville Street, Ipswich, Suffolk IP1 2JE2
£137.5K12/200.17 mi15, Granville Street, Ipswich, Suffolk IP1 2JE2
£226K12/220.24 mi53, High Street, Ipswich, Suffolk IP1 3QL2
£180K06/230.25 mi15, Wilberforce Street, Ipswich, Suffolk IP1 2JP2
£118K03/210.26 mi47, Rendlesham Road, Ipswich, Suffolk IP1 2LX2
£230K07/230.27 mi46, St Georges Street, Ipswich, Suffolk IP1 3LH2
£158K10/210.27 mi40, Rendlesham Road, Ipswich, Suffolk IP1 2LY2
£158K04/230.27 mi14, Rendlesham Road, Ipswich, Suffolk IP1 2LY2
£123K01/210.34 mi24, Dillwyn Street West, Ipswich, Suffolk IP1 2HP2
£210K08/220.34 mi95a, Victoria Street, Ipswich, Suffolk IP1 2JX2
£142.5K02/210.36 mi75, Sirdar Road, Ipswich, Suffolk IP1 2LB2
£133K11/200.37 mi69, Elliott Street, Ipswich, Suffolk IP1 2HJ2
£150K03/230.4 mi9, Elliott Street, Ipswich, Suffolk IP1 2HN2
£167K04/210.4 mi55, Waterloo Road, Ipswich, Suffolk IP1 4EA2
£210K07/230.46 mi20, All Saints Road, Ipswich, Suffolk IP1 4DG2
£227.5K05/230.46 mi18, Sherrington Road, Ipswich, Suffolk IP1 4HX2
£175K12/200.54 mi69, Cullingham Road, Ipswich, Suffolk IP1 2EG2
£160K04/210.55 mi114, Bramford Lane, Ipswich, Suffolk IP1 4DQ2
£185K01/210.55 mi67, Cullingham Road, Ipswich, Suffolk IP1 2EG2
£195K10/200.56 mi25, Tower Mill Road, Ipswich, Suffolk IP1 4QF2
£290K01/230.57 mi20, Kensington Road, Ipswich, Suffolk IP1 4LD2
£140K08/210.57 mi26, Richmond Road, Ipswich, Suffolk IP1 4DP2
£215K07/230.58 mi42, Richmond Road, Ipswich, Suffolk IP1 4DP2
£211.8K06/230.58 mi62, Bolton Lane, Ipswich, Suffolk IP4 2BY2
£200K09/210.59 mi21, Dhobi Place, Ipswich, Suffolk IP1 4QA2
£145K03/230.6 mi38, Hampton Road, Ipswich, Suffolk IP1 4AP2
£185K06/230.62 mi130, Richmond Road, Ipswich, Suffolk IP1 4DL2
£177K11/220.62 mi234, Bramford Road, Ipswich, Suffolk IP1 4AS2
£175K04/230.63 mi185, Bramford Lane, Ipswich, Suffolk IP1 4DS2
£217K06/230.66 mi305, Bramford Road, Ipswich, Suffolk IP1 4AT2
£168.5K01/210.66 mi13, Cobbold Street, Ipswich, Suffolk IP4 2DN2
£165K03/210.66 mi22, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£170K03/210.68 mi17, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£160K08/210.68 mi42, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£172.5K09/210.68 mi57, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£225K06/210.69 mi122, Hervey Street, Ipswich, Suffolk IP4 2EU2
£585K12/220.7 mi3, Kingsfield Avenue, Ipswich, Suffolk IP1 3TA2
£175K12/200.7 mi348, Norwich Road, Ipswich, Suffolk IP1 4EJ2
£170K07/210.72 mi71, Hervey Street, Ipswich, Suffolk IP4 2ET2
£198K10/210.72 mi95, Hervey Street, Ipswich, Suffolk IP4 2ET2
£165K05/230.72 mi20, Hervey Street, Ipswich, Suffolk IP4 2ES2
£185K01/230.73 mi3, Riverside Road, Ipswich, Suffolk IP1 4AR2
£130K11/200.73 mi24, Cemetery Road, Ipswich, Suffolk IP4 2EP2

Local Rents

51 rents from £695/mo to £1.8K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£92505/240.04 miNewson Street, Ipswich2
£1,00003/240.09 mi-2
£85004/240.1 miAnn Street, Ipswich, IP12
£90005/240.1 miAnn Street, Ipswich, IP12
£1,15012/240.15 mi-2
£1,80004/250.15 mi-2
£82505/240.15 miBerners Street, IP1 2
£85005/240.16 miBerners Street2
£87512/240.17 mi-2
£1,20004/240.17 mi-2
£1,05011/240.17 mi-2
£1,40004/240.17 mi-2
£85012/240.2 mi-2
£87501/240.24 mi-2
£99504/240.26 miFonnereau Road, Ipswich2
£85004/240.26 miRendlesham Road, IP12
£90003/240.26 miBulwer Road, Ipswich, Suffolk, IP12
£90004/240.27 miRendlesham Road, Ipswich, Suffolk, IP12
£79505/240.27 miSt. Georges Street, IPSWICH2
£85004/240.27 miRendlesham Road, Ipswich2
£85006/240.28 mi25 Elm Street, Ipswich, IP12
£95005/240.29 miWellington Street, IPSWICH2
£82504/240.3 miChevallier Street, Ipswich, IP12
£89506/240.3 miProvidence Lane, Ipswich, IP12
£85004/240.33 miNorwich Court, Chevallier Street, Ipswich, Suffolk, IP12
£82505/240.33 miNorwich Court, Chevallier Street, Ipswich, Suffolk, IP12
£82504/240.33 mi-2
£95003/240.34 mi-2
£90012/240.34 mi-2
£69512/230.34 mi-2
£95005/240.36 miBurlington Road, Ipswich2
£97508/240.37 mi-2
£80004/240.38 miChevallier Street, Ipswich, Suffolk, IP12
£92501/250.39 mi-2
£85006/240.4 miConstitution Hill, Ipswich, Suffolk, UK, IP12
£86003/240.41 mi-2
£1,10011/240.42 mi-2
£1,10011/240.42 mi-2
£1,20006/240.42 miMuseum Street, Ipswich2
£1,10004/240.42 miMuseum Street, Ipswich2
£1,20005/240.42 miMuseum Street, IPSWICH2
£97506/240.42 miFootmans, Lloyd Avenue 2
£1,10004/240.43 miArcade Street, Ipswich2
£1,10005/240.43 miArcade Street, IPSWICH2
£77504/240.43 miLondon Road, Ipswich, IP12
£80006/240.43 miLondon Road, Ipswich2
£1,20005/240.46 miElm Street, Ipswich2
£99504/240.48 mi-2
£80004/240.48 miNorwich Road, Ipswich, Suffolk, IP12
£85002/250.49 mi-2
£95004/240.49 miPrinces Street, Ipswich, IP12

Local Area Statistics

Population in IP1

39,363

Population in Ipswich

219,393

Town centre distance

0.99 miles away

Nearest school

0.20 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Price changed to £290,000

February 8, 2025

Listed for £310,000

January 25, 2025

Floor Plans

Description

An exceptionally well-presented terraced house located close to Christchurch Park

Occupied by the current owner since 1999, this exceptionally well-presented home has undergone complete renovation to a high standard resulting in a stylish and comfortable home, whilst maintaining many original features of its era. The Victorian terraced property is conveniently located close to the town centre, and forms part of the pretty street scene which surrounds Christchurch Park to the north of Ipswich.

A welcoming entrance hall leads to the ground floor accommodation comprising sitting room with original pine flooring and attractive fireplace, dining room - a light and airy room with built in storage and attractive feature fireplace, with French doors leading to the pretty rear garden. To the rear of the house lies a fully fitted kitchen forming a later addition built 25 years ago, providing bespoke base and eye level units with solid oak and granite worktops, integrated appliances to include dishwasher and gas hob with electric oven, and French doors leading to the rear garden. The ground floor accommodation also provides a cloakroom.

On the first floor, a landing provides access to bedroom one – a spacious room which is placed at the front of the house offering a double built in wardrobe, feature fireplace, and pine floors. Bedroom two enjoys views over the rear garden and provides built in wardrobes. The family bathroom offers a pleasing combination of tiles and wooden panelling with separate bath and walk in shower, and an airing cupboard housing a recently installed gas combi boiler. A loft access with built in ladder leads to a fully boarded loft area with Velux window offering great potential for further development (subject to the correct permissions), lending itself to many different uses such as a study, hobby room or bedroom.

Outside lies a pretty, walled rear garden with outbuilding and rear pedestrian access to Cardigan Street.

Location
Ipswich is home to the thriving Waterfront, with a wide range of restaurants, cafes, and bars. The town offers various amenities including Junior and Senior schools, Ipswich Hospital, theatres, museums, and the popular Christchurch Mansion and park. For the commuter, Ipswich offers a mainline railway station with a frequent service to London Liverpool Street and provides easy access to the A12 and A14.

Services
We understand all mains services are connected.

Local Authority and Council Tax Band
Ipswich Council
Band B

EPC Rating
Current D (63). Potential B (82).

Agent Details

Chapman Stickels, Hadleigh

01473 943929

Next Steps?

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