3 Bed Semi-Detached House, Refurb/BRRR, Ipswich, IP1 4EH, £280,000

3 Broom Hill Road, Ipswich, IP1 4EH - 2 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~93 m²
+12 photos

ValuationOvervalued

Sold Prices£121K - £460K
Sold Prices/m²£1.6K/m² - £4.6K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£230,020

 

 

End Value (After Refurb)

£252,688

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Refurb Costs

£43,322

Bridging Loan Interest

£7,350

Total Cash In

£141,622

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£252,688

Mortgage (After Refinance)

£189,516

Mortgage LTV

75%

Cash Left In

£141,622

Equity

£63,172

Rent Range

£900 - £3,750

Rent Estimate

£1,212

Running Costs/mo

£1,052

Cashflow/mo

£160

Cashflow/yr

£1,919

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £121K to £460K, average is £230K. £1.6K/m² to £4.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£252.3K12/220 mi29, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£250K06/210 mi28, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£183K04/210 mi59, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£305K09/220 mi32, Broom Hill Road, Ipswich, Suffolk IP1 4EH3
£460K07/230.06 mi9, Westwood Avenue, Ipswich, Suffolk IP1 4EQ3
£425K11/220.08 mi14, Westwood Avenue, Ipswich, Suffolk IP1 4EQ3
£254K06/230.13 mi7, Kensington Road, Ipswich, Suffolk IP1 4LB3
£205K01/210.13 mi7, Kensington Road, Ipswich, Suffolk IP1 4LB3
£232K11/200.13 mi97, Kensington Road, Ipswich, Suffolk IP1 4LB3
£185K12/200.13 mi99, Kensington Road, Ipswich, Suffolk IP1 4LB3
£355K06/230.14 mi10, Westholme Road, Ipswich, Suffolk IP1 4HH3
£230K12/200.14 mi32, Kensington Road, Ipswich, Suffolk IP1 4LD3
£217.5K03/210.14 mi55, Sherrington Road, Ipswich, Suffolk IP1 4HT3
£185K02/210.15 mi31, All Saints Road, Ipswich, Suffolk IP1 4DG3
£340K07/210.16 mi6, Valley Road, Ipswich, Suffolk IP1 4ED3
£229K07/230.17 mi18, Blenheim Road, Ipswich, Suffolk IP1 4EB3
£215K11/210.18 mi59, All Saints Road, Ipswich, Suffolk IP1 4DG3
£260K01/230.18 mi22, All Saints Road, Ipswich, Suffolk IP1 4DG3
£220K03/210.18 mi39, All Saints Road, Ipswich, Suffolk IP1 4DG3
£243K02/210.21 mi64, Anglesea Road, Ipswich, Suffolk IP1 3PN3
£325K12/220.21 mi32, Dales View Road, Ipswich, Suffolk IP1 4HL3
£250K02/230.22 mi61, Richmond Road, Ipswich, Suffolk IP1 4DW3
£200K06/210.23 mi38, Richmond Road, Ipswich, Suffolk IP1 4DP3
£295K06/230.23 mi23, Pine View Road, Ipswich, Suffolk IP1 4HR3
£175K04/210.23 mi23, Pine View Road, Ipswich, Suffolk IP1 4HR3
£245K12/220.23 mi14, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£380K04/230.25 mi15, Park View Road, Ipswich, Suffolk IP1 4HN3
£233K12/220.25 mi75, Bramford Lane, Ipswich, Suffolk IP1 4DF3
£185K11/210.25 mi90, Bramford Lane, Ipswich, Suffolk IP1 4DQ3
£216.5K11/220.25 mi92, Bramford Lane, Ipswich, Suffolk IP1 4DQ3
£205K09/210.26 mi36, Waterloo Road, Ipswich, Suffolk IP1 2NY3
£190K10/200.26 mi30, Waterloo Road, Ipswich, Suffolk IP1 2NY3
£240K01/230.26 mi20, Waterloo Road, Ipswich, Suffolk IP1 2NY3
£240K01/210.26 mi6, Springfield Lane, Ipswich, Suffolk IP1 4EL3
£198K09/210.26 mi33, Kitchener Road, Ipswich, Suffolk IP1 4DT3
£190K12/200.26 mi18, Kitchener Road, Ipswich, Suffolk IP1 4DT3
£185K04/230.26 mi24, Kitchener Road, Ipswich, Suffolk IP1 4DT3
£285K09/210.26 mi32, Silverdale Close, Ipswich, Suffolk IP1 4JF3
£290K05/210.26 mi8, Pine Avenue, Ipswich, Suffolk IP1 4HW3
£195K04/230.27 mi7, Bramford Lane, Ipswich, Suffolk IP1 4DB3
£230K12/220.28 mi362, Norwich Road, Ipswich, Suffolk IP1 4EJ3
£220K09/210.28 mi18, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£252K06/230.28 mi17, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£270K06/210.28 mi56, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£230K01/210.28 mi46, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£202K01/210.28 mi6, Mornington Avenue, Ipswich, Suffolk IP1 4LA3
£205K06/230.29 mi9, Wellington Street, Ipswich, Suffolk IP1 2NT3
£121K12/200.29 mi23, Chevallier Street, Ipswich, Suffolk IP1 2PF3
£175K08/210.3 mi41, Windsor Road, Ipswich, Suffolk IP1 4AN3
£275K11/200.3 mi21, Park View Road, Ipswich, Suffolk IP1 4HP3

Local Rents

31 rents from £900/mo to £3.8K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,45004/240 miBroom Hill Road, IPSWICH3
£1,29505/240.23 miPine Avenue, Ipswich3
£1,12504/240.25 miBramford Lane, IPSWICH3
£1,20012/240.26 mi-3
£1,20003/250.26 mi-3
£92504/240.37 miBramford Lane, Ipswich3
£1,25006/240.39 miPutney Close, IPSWICH3
£1,15002/240.4 mi-3
£1,40011/240.42 mi-3
£95003/240.42 miCromer Road, Ipswich, Suffolk, IP13
£98504/240.42 mi-3
£95004/240.43 miKingston Road, Ipswich3
£90003/240.43 miBramford Road, Ipswich3
£1,00005/240.44 miBulwer Road, Ipswich3
£1,00005/240.44 miBulwer Road3
£1,00006/240.44 miBramford Road, Ipswich3
£1,19504/240.46 miBramford Road, Ipswich, Suffolk, IP13
£1,25003/240.48 mi-3
£1,05005/240.49 miAshcroft Road, Ipswich, IP13
£1,40011/230.49 mi-3
£1,00004/240.51 miBramford Road, IP1, Ipswich 3
£1,25005/240.51 mi-3
£1,30004/250.54 mi-3
£92501/240.54 mi-3
£1,30010/240.55 mi-3
£99506/240.55 miBramford Lane, Ipswich3
£99506/240.55 miBramford Lane, Ipswich3
£3,75007/240.56 mi-3
£99506/240.59 miDillwyn Street West, Ipswich3
£99506/240.59 miDillwyn Street West, Ipswich3
£1,40005/240.62 miSproughton Road, Ipswich, IP13

Local Area Statistics

Population in IP1

39,363

Population in Ipswich

219,393

Town centre distance

1.38 miles away

Nearest school

0.30 miles away

Nearest train station

1.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £280,000

February 8, 2025

Floor Plans

Description

  • Complete onward chain +
  • Stunning Victorian, double bay fronted home +
  • High standard renovation +
  • Seperate bathroom & en suite to master bedroom +
  • Cosy bay fronted lounge, seperate dining room & kitchen/diner +
  • High spec fitted kitchen +
  • On street parking +
  • Short walk to Ipswich Town Centre, schools & a range of amenities +

SUMMARY
This stunning, Victorian, double bay fronted home has been renovated to a very high standard and boasts a cosy bay fronted lounge, seperate dining room and kitchen/diner, three bedrooms, a seperate bathroom, an en suite to master bedroom, on street parking and a COMPLETE ONWARD CHAIN!

DESCRIPTION
.

Entrance Porch 
A door to the entrance hall.

Entrance Hall 21' 4" x 4' 9" ( 6.50m x 1.45m )
Stunning, long sweeping entrance hall with Victorian character, wood effect flooring throughout, one radiator and a panelled staircase.

Lounge 14' 5" x 12' 3" ( 4.39m x 3.73m )
Beautiful, cosy, bay fronted lounge with wood effect flooring, one radiator and TV point.

Dining Room 11' 8" x 10' 8" ( 3.56m x 3.25m )
Double glazed window to the rear, wood effect flooring, one radiator and ample space for a large table and chairs.

Kitchen/Diner 19' 5" x 9' 2" ( 5.92m x 2.79m )
High spec kitchen, which has been renovated by the current vendors, with hard tiled Herringbone wood effect flooring throughout, French doors leading to the garden, two double glazed windows to the side, a range of eye and base level units in white and navy with white worktop surfaces, a butler sink with chrome mixer tap, a white Herringbone splashback, suspended lights, an integrated oven, microwave, induction hob and extractor hood, an integrated dishwasher, space for an American fridge/freezer, ample draw space, a Victorian style radiator, spot lights, a storage cupboard and ample space for a table and chairs. This is an excellent entertaining area, with direct access to the garden.

First Floor Landing 
A storage cupboard, loft hatch and carpet flooring.

Master Bedroom 14' 1" x 14' 4" max ( 4.29m x 4.37m max )
Double glazed bay window to the front, carpet flooring, one radiator and a door leading to the en suite.

En Suite 8' 4" x 4' 4" ( 2.54m x 1.32m )
Low level WC, pedestal wash hand basin, a shower with gold glass enclosure, gold waterfall showerhead and gold shower attachment, a grey tiled splashback, a gold heated towel rail and double glazed window to the side.

Bedroom Two 11' 5" x 10' 8" ( 3.48m x 3.25m )
Double glazed window to the rear, carpet flooring, one radiator and a wall papered wall.

Bedroom Three 12' 5" max x 9' 9" ( 3.78m max x 2.97m )
Double glazed window to the rear, wood effect flooring and one radiator.

Bathroom 9' 1" x 6' 2" ( 2.77m x 1.88m )
Low level WC, a vanity sink, a roll top bath with waterfall shower, standalone tap and gold glass enclosure, tiled splashback, tiled flooring, chrome heated towel rail, part Metro tiled walls, an extractor fan and double glazed window to the side.

Outside: 

Front Garden 
A walled border, an original pathway leading to the front door and a side gate leading to the rear garden.

Rear Garden 
Beautifully presented, landscaped rear garden with a patio area, a large lawned area with shingle borders either side, a raised decking area to the rear, a fully enclosed border, a side gate and an outside tap and light.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

William H. Brown, Ipswich

01473 943298

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