2 Bed Flat, Single Let, Ipswich, IP4 1NF, £180,000

Rope Walk, Ipswich, IP4 1NF - a month ago

Sold STC
Leasehold
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£107.5K - £322.5K
Sold Prices/m²£1.5K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£149,190

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£492 - £3,600

Rent Estimate

£750

Running Costs/mo

£733

Cashflow/mo

£18

Cashflow/yr

£210

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £107.5K to £322.5K, average is £135K. £1.5K/m² to £4.3K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£115K08/210.18 mi18, Silk Street, Ipswich, Suffolk IP4 2PA2
£134K10/220.19 mi16, Silk Street, Ipswich, Suffolk IP4 2PA2
£322.5K06/230.21 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£315K07/230.21 mi39, Neptune Square, Ipswich, Suffolk IP4 1QH2
£290K02/210.21 mi51, Neptune Square, Ipswich, Suffolk IP4 1QH2
£167K01/210.21 mi10, Neptune Square, Ipswich, Suffolk IP4 1QH2
£255K06/210.21 mi48, Neptune Square, Ipswich, Suffolk IP4 1QH2
£133K09/220.28 mi93, Pownall Road, Ipswich, Suffolk IP3 0DA2
£120K04/210.3 mi56, Pownall Road, Ipswich, Suffolk IP3 0DR2
£128K07/210.3 mi64, Pownall Road, Ipswich, Suffolk IP3 0DR2
£130K11/200.3 mi48, Pownall Road, Ipswich, Suffolk IP3 0DR2
£128K07/210.3 mi64, Pownall Road, Ipswich, Suffolk IP3 0DR2
£135K05/230.3 mi46, Pownall Road, Ipswich, Suffolk IP3 0DR2
£151.5K12/200.31 mi53, Pownall Road, Ipswich, Suffolk IP3 0DN2
£135K04/230.31 mi58, Fore Hamlet, Ipswich, Suffolk IP3 8BD2
£118K06/210.31 mi32, Fore Hamlet, Ipswich, Suffolk IP3 8BD2
£130K02/230.32 mi21, Isham Place, Ipswich, Suffolk IP3 0DY2
£110K06/210.32 mi1, Isham Place, Ipswich, Suffolk IP3 0DY2
£134K02/230.32 mi5, Isham Place, Ipswich, Suffolk IP3 0DY2
£125.5K05/210.33 mi42, Siloam Place, Ipswich, Suffolk IP3 0FB2
£140K12/220.33 mi32, Siloam Place, Ipswich, Suffolk IP3 0FB2
£119K10/200.33 mi22, Siloam Place, Ipswich, Suffolk IP3 0FB2
£138.5K10/220.34 mi19, Hope Court, Ipswich, Suffolk IP3 0DW2
£125K06/210.34 mi6, Isham Place, Ipswich, Suffolk IP3 0DZ2
£135K03/230.35 mi125, Cemetery Road, Ipswich, Suffolk IP4 2HZ2
£140K11/210.35 mi239, Duke Street, Ipswich, Suffolk IP3 0BX2
£142K02/230.35 mi50, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£114K01/230.36 mi59, Siloam Place, Ipswich, Suffolk IP3 0FD2
£130K10/220.36 mi36, Hope Court, Ipswich, Suffolk IP3 0DX2
£147K10/220.4 mi106, Siloam Place, Ipswich, Suffolk IP3 0FF2
£136K04/230.4 mi92, Siloam Place, Ipswich, Suffolk IP3 0FF2
£146.5K01/230.43 mi7, Haslemere Drive, Ipswich, Suffolk IP4 2PP2
£134.5K07/210.43 mi1, Haslemere Drive, Ipswich, Suffolk IP4 2PP2
£320K04/210.44 mi155, Stoke Quay, Ipswich, Suffolk IP2 8SN2
£130K04/210.47 mi31, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£138K04/210.47 mi23, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£145K08/210.47 mi133, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£148.5K10/200.47 mi113, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£145K06/210.47 mi25, Meridian Rise, Ipswich, Suffolk IP4 2GF2
£125K04/230.49 mi24, Postmill Close, Ipswich, Suffolk IP4 2RF2
£120K07/210.49 mi42, Postmill Close, Ipswich, Suffolk IP4 2RF2
£107.5K06/210.49 mi30, Postmill Close, Ipswich, Suffolk IP4 2RF2
£161K09/210.5 mi15, St Nicholas Court, Ipswich, Suffolk IP1 1TG2
£145K07/210.53 mi12, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£108K11/210.54 mi88, Vernon Street, Ipswich, Suffolk IP2 8JB2
£150K02/210.55 mi72, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£162.5K04/210.55 mi58, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£170K06/210.55 mi54, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£122.5K03/210.55 mi92, Wolsey Street, Ipswich, Suffolk IP1 1AF2
£137.5K04/230.62 mi31, Seymour Road, Ipswich, Suffolk IP2 8EN2

Local Rents

51 rents from £492/mo to £3.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,00004/240 miRope Walk, Ipswich2
£1,00004/240.01 miSt Edmund House, Rope Walk, Ipswich, Suffolk, IP42
£80005/240.08 miGrimwade Street, Ipswich2
£77508/240.09 miSt. Helens Street, Ipswich2
£75008/240.09 miSt. Helens Street, Ipswich2
£90007/240.11 miSt Helens Street, Ipswich2
£87508/240.11 miStar Lane, Ipswich, Suffolk, UK, IP42
£75005/240.12 miStar Lane, Ipswich, Suffolk, IP42
£92506/240.12 miStar Lane, Ipswich, Suffolk, IP42
£87504/240.12 miSt Helens Street, Ipswich2
£95007/240.14 miBond Street, IPSWICH2
£85009/240.17 miOxford Road, IPSWICH2
£80001/240.17 miFore Street, Ipswich, Suffolk, IP42
£80004/240.2 miWoodbridge Road, Ipswich, Suffolk, IP42
£1,20001/240.2 miNeptune Square, Ipswich, Suffolk, IP42
£1,32504/240.2 miNeptune Square, Ipswich2
£1,20007/240.2 miNeptune Square, Ipswich, IP42
£1,25008/240.2 miNeptune Square, Ipswich, Suffolk, IP42
£1,25008/240.2 miNeptune Square, Ipswich, Suffolk, IP42
£82501/240.21 miFore Hamlet, Ipswich2
£1,15001/240.21 miNeptune Square, Ipswich, IP42
£1,20007/240.21 miNeptune Square, Ipswich, IP42
£95008/240.21 miNeptune Square, Ipswich, IP42
£97505/240.21 miFoundation Street, Ipswich2
£95001/240.22 miLower Orwell Street, Ipswich, IP42
£52706/240.23 mi-2
£89504/240.23 miFoundation Street, Ipswich, IP42
£89504/240.23 miFoundation Street, Ipswich, IP42
£1,05008/240.23 miFoundation Street, IPSWICH2
£53210/240.24 mi-2
£80012/240.24 miFore Hamlet, Ipswich2
£1,20010/240.25 mi-2
£1,20010/240.25 mi-2
£97505/240.25 miCoprolite Street, Ipswich2
£1,05005/240.25 miCoprolite Street, Ipswich2
£1,10004/240.25 miNeptune Marina, 1 Coprolite Street, Ipswich, Suffolk, IP32
£99504/240.25 miNeptune Marina, Ipswich, IP32
£49204/240.26 mi-2
£97506/240.26 miCemetery Road, Ipswich, IP42
£3,60005/240.27 mi-2
£3,60010/240.27 mi-2
£89504/240.27 miHervey Street, Ipswich2
£87504/240.27 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£87507/240.27 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£85001/240.28 miPownall Road, Ipswich, Suffolk, IP32
£1,10009/240.28 mi-2
£82507/240.29 miFlat 705, Carr Street, Ipswich2
£89512/240.29 mi-2
£95012/240.29 mi-2
£1,00004/240.3 miThe Winerack, Key Street, Ipswich2
£1,20007/240.3 miThe Winerack, Key Street, Ipswich2

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.20 miles away

Nearest school

0.10 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £180,000

March 3, 2025

Floor Plans

Description

  • Two 26ft bedrooms with en suites +
  • No onward chain +
  • Open plan kitchen/diner/lounge +
  • Integrated appliances in the kitchen +
  • Two gated parking spaces +
  • Very large apartment +
  • Popular Town Centre & Marina location +
  • Excellent First Time Buy or investment property +

SUMMARY
This incredibly large, top floor apartment would make an excellent First Time Buy or investment property, benefiting from two 26ft bedrooms, both with en suites, a seperate cloakroom, an open plan kitchen/diner/ lounge with integrated appliances, two secure, gated parking spaces and NO ONWARD CHAIN!

DESCRIPTION
.

Entrance Hall 33' 1" x 3' ( 10.08m x 0.91m )
Large, long-sweeping entrance hall with carpet flooring, an entry phone system and a large airing cupboard.

Cloakroom 6' 6" x 2' 6" ( 1.98m x 0.76m )
Low level WC, pedestal wash hand basin, chrome heated towel rail, extractor fan and tiled effect flooring.

Kitchen/Diner/Lounge 23' 2" x 21' 9" ( 7.06m x 6.63m )
Large, open plan room, flooded with natural light and benefiting from a full wall of double glazed windows to the side, carpet flooring in the lounge/diner, one radiator, TV point, wood effect flooring to the kitchen area, a range of eye and base level units in grey and white wood effect with black worktop surfaces, a stainless steel one and a half bowl sink plus drainer and chrome mixer tap, a breakfast bar, spot lights throughout, an integrated oven with electric hob and extractor hood, an integrated washing machine and space for an American fridge/freezer.

Master Bedroom 26' x 9' 7" ( 7.92m x 2.92m )
An internal window to the lounge, carpet flooring, one radiator and a door leading to the en suite.

En Suite 7' x 6' 5" ( 2.13m x 1.96m )
A shower with glass enclosure, a panelled splashback, low level WC, a vanity sink, tiled effect flooring, spot lights, extractor fan and chrome heated towel rail.

Bedroom Two 26' x 9' 7" ( 7.92m x 2.92m )
An internal window to the lounge, carpet flooring, one radiator and a door leading to the en suite.

En Suite 7' x 6' 5" ( 2.13m x 1.96m )
Low level WC, pedestal wash hand basin, a bath with overhead shower and glass screen, spot lights, extractor fan, chrome heated towel rail and tiled effect flooring.

Parking 
Two gated, secure, allocated parking spaces.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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

Next Steps?

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