3 Bed Semi-Detached House, Cash/Bridging Only, Ipswich, IP4 5JG, £269,950

Bloomfield Street, Ipswich, IP4 5JG - 2 months ago

Cash
ROI: 1%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£135K - £421.5K
Sold Prices/m²£1.8K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£264,089

 

 

End Value (After Refurb)

£265,083

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,488

Stamp Duty & Legal Fees

£11,500

Refurb Costs

£43,200

Bridging Loan Interest

£7,086

Total Cash In

£131,024

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£265,083

Mortgage (After Refinance)

£198,813

Mortgage LTV

75%

Cash Left In

£131,024

Equity

£66,271

Rent Range

£950 - £1,650

Rent Estimate

£1,214

Running Costs/mo

£1,091

Cashflow/mo

£123

Cashflow/yr

£1,474

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £135K to £421.5K, average is £226.8K. £1.8K/m² to £3.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£246K08/210 mi21, Bloomfield Street, Ipswich, Suffolk IP4 5JG3
£240K05/210 mi29, Bloomfield Street, Ipswich, Suffolk IP4 5JG3
£190K10/220 mi10, Bloomfield Street, Ipswich, Suffolk IP4 5JG3
£225K06/210.05 mi42, Starfield Close, Ipswich, Suffolk IP4 5JQ3
£245K01/230.05 mi54, Starfield Close, Ipswich, Suffolk IP4 5JQ3
£225K06/210.05 mi42, Starfield Close, Ipswich, Suffolk IP4 5JQ3
£205K07/210.07 mi486, Spring Road, Ipswich, Suffolk IP4 5LZ3
£325K02/230.09 mi50, Britannia Road, Ipswich, Suffolk IP4 5LD3
£421.5K11/210.09 mi29, Cowper Street, Ipswich, Suffolk IP4 5JB3
£281K11/210.1 mi2, Mandy Close, Ipswich, Suffolk IP4 5JE3
£219K12/220.1 mi2, Cowper Street, Ipswich, Suffolk IP4 5JD3
£255K11/200.11 mi12, Crozier Mews, Ipswich, Suffolk IP4 4PA3
£240K03/230.12 mi3, Mandy Close, Ipswich, Suffolk IP4 5JE3
£255K02/210.12 mi7, Mandy Close, Ipswich, Suffolk IP4 5JE3
£225.5K02/210.12 mi21, Howard Street, Ipswich, Suffolk IP4 4PL3
£275K12/210.12 mi1, Thanet Road, Ipswich, Suffolk IP4 5LB3
£180K02/210.13 mi17, Milton Street, Ipswich, Suffolk IP4 4PP3
£180K04/210.13 mi378, Spring Road, Ipswich, Suffolk IP4 5NE3
£257.5K02/230.16 mi564, Spring Road, Ipswich, Suffolk IP4 5LX3
£228K11/210.16 mi12, Crabbe Street, Ipswich, Suffolk IP4 5HP3
£220K11/210.17 mi831, Woodbridge Road, Ipswich, Suffolk IP4 4NS3
£320K11/210.18 mi77, Freehold Road, Ipswich, Suffolk IP4 5HZ3
£240K11/200.18 mi127, Britannia Road, Ipswich, Suffolk IP4 5JX3
£186K10/200.18 mi147, Freehold Road, Ipswich, Suffolk IP4 5JP3
£167K02/210.18 mi149, Freehold Road, Ipswich, Suffolk IP4 5JP3
£200K02/210.19 mi108, Freehold Road, Ipswich, Suffolk IP4 5JL3
£286K09/210.19 mi3, Thanet Road, Ipswich, Suffolk IP4 5LB3
£248.5K01/210.19 mi53, Thanet Road, Ipswich, Suffolk IP4 5LB3
£206K11/200.2 mi803, Woodbridge Road, Ipswich, Suffolk IP4 4NN3
£135K03/210.21 mi90, Freehold Road, Ipswich, Suffolk IP4 5HY3
£162K06/210.21 mi90, Freehold Road, Ipswich, Suffolk IP4 5HY3
£225K07/230.21 mi62, Freehold Road, Ipswich, Suffolk IP4 5HY3
£241K06/210.21 mi44, Kirby Street, Ipswich, Suffolk IP4 4PT3
£229K06/230.22 mi25, Reading Road, Ipswich, Suffolk IP4 4NP3
£225K02/230.24 mi19, Reading Road, Ipswich, Suffolk IP4 4NP3
£340K12/220.24 mi24, Goring Road, Ipswich, Suffolk IP4 5LR3
£230K02/230.24 mi139, Cauldwell Hall Road, Ipswich, Suffolk IP4 5BS3
£310K12/210.24 mi12, Randolph Close, Ipswich, Suffolk IP4 5GB3
£322.5K11/200.26 mi75, Cauldwell Hall Road, Ipswich, Suffolk IP4 4QG3
£220K03/230.27 mi16, Newbury Road, Ipswich, Suffolk IP4 5EX3
£325K12/210.27 mi44, Newbury Road, Ipswich, Suffolk IP4 5EX3
£325K12/210.27 mi8, Clementine Gardens, Ipswich, Suffolk IP4 5GA3
£325K04/210.27 mi6, Clementine Gardens, Ipswich, Suffolk IP4 5GA3
£220K04/210.27 mi58, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£219K06/210.27 mi20, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£218K02/210.27 mi709, Woodbridge Road, Ipswich, Suffolk IP4 4NB3
£213.5K10/220.27 mi32, Phoenix Road, Ipswich, Suffolk IP4 4ND3
£218K08/210.27 mi41, Reading Road, Ipswich, Suffolk IP4 4NR3
£188.5K11/220.28 mi302, Spring Road, Ipswich, Suffolk IP4 5NL3
£175K07/210.28 mi44, Kemball Street, Ipswich, Suffolk IP4 5EE3

Local Rents

49 rents from £950/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25002/240.01 mi-3
£1,10012/240.03 mi-3
£95002/240.04 mi-3
£1,20003/250.13 mi-3
£1,20001/240.17 miErnleigh Road, Ipswich, IP43
£1,25001/240.19 miWoodbridge Road, Ipswich3
£1,05009/240.22 mi-3
£1,05009/240.22 miSpring Road, Ipswich, IP43
£1,05010/230.29 mi-3
£1,05002/250.29 mi-3
£1,07003/250.29 mi-3
£1,20004/240.3 miBritannia Road, IPSWICH3
£1,20007/240.3 miBritannia Road, IPSWICH3
£1,20007/240.3 miBritannia Road, IPSWICH3
£1,40004/240.31 mi-3
£1,35008/240.31 miGoring Road, IPSWICH3
£1,30006/240.32 miCauldwell Hall Road, Ipswich, IP43
£1,30007/240.32 miCauldwell Hall Road, Ipswich, IP43
£1,35004/240.32 mi-3
£99504/240.33 miUpland Road, Ipswich, IP43
£99507/240.33 miUpland Road, Ipswich, IP43
£1,15007/240.33 miHenslow Road, Ipswich3
£1,65008/240.33 mi-3
£99507/240.36 miSt Johns Road, Ipswich, IP43
£1,10007/240.38 miCoronation Road, Ipswich3
£1,39511/240.4 mi-3
£1,20006/240.4 miNelson Road, Ipswich, Suffolk, IP43
£1,19507/240.43 miLEOPOLD ROAD, Ipswich, IP43
£1,45012/240.44 mi-3
£1,25004/240.45 miFoxhall Road, Ipswich, Suffolk, IP33
£1,30004/240.45 miNorbury Road, IPSWICH3
£1,29510/240.47 mi-3
£1,29508/240.47 miStradbroke Road, Ipswich, IP43
£1,40004/240.48 miHeath Road, IPSWICH3
£1,30007/240.48 miHeath Road, Ipswich, IP43
£1,30008/240.48 miHeath Road, Ipswich, IP43
£1,20006/240.5 miDarwin Road, Ipswich3
£1,10001/240.5 miDarwin Road, Ipswich, Suffolk, IP43
£1,10004/240.51 miPearce Road, Ipswich, Suffolk, IP33
£1,37504/240.54 mi-3
£97501/240.54 miWellesley Road,Ipswich,IP43
£1,10002/250.54 mi-3
£1,19505/240.55 miFoxhall Road, Ipswich, Suffolk, IP33
£1,59507/240.56 miRuskin Road, Ipswich3
£1,45008/240.57 miRuskin Road, Ipswich, Suffolk, IP43
£95007/240.57 miMeadow Vale Close, Ipswich3
£1,15004/240.58 miStanley Avenue, Ipswich3
£1,10004/240.58 miStanley Avenue, Ipswich3
£1,10004/240.58 mi-3

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.88 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 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 £269,950

March 24, 2025

Price changed to £274,400

March 20, 2025

Listed for £285,000

February 7, 2025

Floor Plans

Description

  • East Ipswich Location +
  • External Outbuilding - Currently Being Used As A Office +
  • Council Tax Band B +
  • Highly Regarded Schools Nearby +
  • Close Proximity To Ipswich Hospital +

Delighted to present this 3-bedroom semi-detached family home, situated in the sought-after East Ipswich area. This well-presented property offers an excellent opportunity for families, featuring spacious living areas and a homely atmosphere throughout. Located in close proximity to Ipswich Hospital and within walking distance to highly regarded schools, this home is ideally positioned for convenience. Whether you’re seeking easy access to local amenities or a peaceful family setting, this property caters to all needs.

This spacious property is arranged over three floors, offering ample living space and flexibility for family living. On the ground floor, you’ll find a welcoming hallway, a bright and airy living room with direct access to the rear garden, and a well-equipped kitchen perfect for family meals. The first floor features two well-proportioned bedrooms, alongside the main family bathroom. The second floor boasts a versatile bedroom, ideal for a variety of uses. Additionally, the property benefits from an outbuilding, currently used as office space, providing further flexibility.

Externally, the property benefits from off-road parking, offering peace of mind, as well as a well-maintained rear garden, perfect for outdoor relaxation.

Located in the popular East Ipswich area, the property is ideally positioned for first-time buyers.Within walking distance, you’ll find excellent schools, including St John’s Primary and Copleston High School. For shopping and leisure, St. John’s Retail Park is nearby, and the beautiful Christchurch Park offers a peaceful retreat. Commuting is straightforward, with Derby Road Railway Station just 1 kilometre away, offering quick access to London Liverpool Street and Norwich. Ipswich town centre is also easily accessible, providing a wide range of amenities and cultural attractions.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

To secure this property in accordance with our terms, a £6,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of £450 inc VAT, which is separate from the purchase price.

All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.

Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale pr

Agent Details

House Sales Direct, Cheadle

0161 524 8266

Next Steps?

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

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