2 Bed Bungalow, Single Let, Ipswich, IP1 5DG, £255,000

Waveney Road, Ipswich, IP1 5DG - a month ago

BTL
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£132.5K - £267K
Sold Prices/m²£1.6K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£185,757

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£14,200

Total Cash In

£77,950

 

 

Cash Out

 

Rent Range

£795 - £1,700

Rent Estimate

£800

Running Costs/mo

£977

Cashflow/mo

£-177

Cashflow/yr

£-2,122

Gross Yield

4%

Local Sold Prices

50 sold prices from £132.5K to £267K, average is £177.5K. £1.6K/m² to £4.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£160K07/210.02 mi79, Waveney Road, Ipswich, Suffolk IP1 5DF2
£132.5K12/200.02 mi87, Waveney Road, Ipswich, Suffolk IP1 5DF2
£190K05/230.02 mi89, Waveney Road, Ipswich, Suffolk IP1 5DF2
£150K04/230.04 mi112, Waveney Road, Ipswich, Suffolk IP1 5DG2
£149K01/210.04 mi110, Waveney Road, Ipswich, Suffolk IP1 5DG2
£194K01/230.04 mi87, Waveney Road, Ipswich, Suffolk IP1 5DF2
£160K05/230.06 mi65, Wallace Road, Ipswich, Suffolk IP1 5DA2
£168.5K10/200.07 mi7, Henniker Road, Ipswich, Suffolk IP1 5HD2
£168K06/210.08 mi106, Wallace Road, Ipswich, Suffolk IP1 5BZ2
£175K11/220.08 mi80, Wallace Road, Ipswich, Suffolk IP1 5BZ2
£180K06/230.1 mi26, Wallace Road, Ipswich, Suffolk IP1 5DB2
£250K09/210.11 mi37, Shafto Road, Ipswich, Suffolk IP1 5HA2
£180K02/230.13 mi140, Wallace Road, Ipswich, Suffolk IP1 5DD2
£170K02/210.13 mi511, Bramford Road, Ipswich, Suffolk IP1 5AU2
£168.5K04/230.16 mi43, Henniker Road, Ipswich, Suffolk IP1 5HF2
£185K01/230.17 mi513, Bramford Road, Ipswich, Suffolk IP1 5AU2
£190K08/210.19 mi50, Bennett Road, Ipswich, Suffolk IP1 5HX2
£153K03/210.19 mi44, Eustace Road, Ipswich, Suffolk IP1 5BT2
£170K02/230.19 mi48, Eustace Road, Ipswich, Suffolk IP1 5BT2
£147K10/200.19 mi48, Eustace Road, Ipswich, Suffolk IP1 5BT2
£267K01/230.2 mi61, Bennett Road, Ipswich, Suffolk IP1 5HX2
£179K11/210.2 mi12, Thebe Close, Ipswich, Suffolk IP1 5AR2
£168K12/210.21 mi115, Jovian Way, Ipswich, Suffolk IP1 5AW2
£235K03/230.23 mi28, Brockley Crescent, Ipswich, Suffolk IP1 5HT2
£250K09/210.23 mi26, Brockley Crescent, Ipswich, Suffolk IP1 5HT2
£182K03/210.25 mi30, Saturn Road, Ipswich, Suffolk IP1 5PR2
£153K03/210.27 mi306, Bramford Road, Ipswich, Suffolk IP1 4BB2
£235K11/200.27 mi493, Bramford Lane, Ipswich, Suffolk IP1 5JD2
£150K01/210.28 mi35, Westbourne Road, Ipswich, Suffolk IP1 5EW2
£161.5K04/230.29 mi277, Bramford Lane, Ipswich, Suffolk IP1 4EU2
£189K12/220.32 mi276, Bramford Lane, Ipswich, Suffolk IP1 4ES2
£205K11/210.32 mi35, High View Road, Ipswich, Suffolk IP1 5HJ2
£179K08/210.33 mi15, Matson Road, Ipswich, Suffolk IP1 4ET2
£178K05/210.34 mi6, Europa Way, Ipswich, Suffolk IP1 5DL2
£140K11/200.36 mi39, Deben Road, Ipswich, Suffolk IP1 5EL2
£185K09/210.37 mi34, Fulham Way, Ipswich, Suffolk IP1 4FD2
£160K08/210.38 mi42, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£172.5K09/210.38 mi57, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£170K03/210.38 mi17, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£165K03/210.4 mi22, Surbiton Road, Ipswich, Suffolk IP1 4AX2
£185K01/230.4 mi3, Riverside Road, Ipswich, Suffolk IP1 4AR2
£183K03/230.41 mi437, Norwich Road, Ipswich, Suffolk IP1 5DW2
£230K06/230.42 mi2, Rayleigh Road, Ipswich, Suffolk IP1 5EE2
£215K12/220.42 mi6, Rayleigh Road, Ipswich, Suffolk IP1 5EE2
£217K06/230.42 mi305, Bramford Road, Ipswich, Suffolk IP1 4AT2
£175K04/230.42 mi185, Bramford Lane, Ipswich, Suffolk IP1 4DS2
£165K05/230.43 mi146, Henniker Road, Ipswich, Suffolk IP1 5HQ2
£185K06/230.44 mi130, Richmond Road, Ipswich, Suffolk IP1 4DL2
£235K10/210.44 mi2, Rayleigh Road, Ipswich, Suffolk IP1 5EE2
£177K11/220.45 mi234, Bramford Road, Ipswich, Suffolk IP1 4AS2

Local Rents

34 rents from £795/mo to £1.7K/mo, average is £985/mo.

RentDateDistanceAddressBeds 
£87502/240.08 mi-2
£87504/240.08 miWallace Road, Off Bramford Road, Ipswich, IP12
£87505/240.08 miWallace Road, Off Bramford Road, Ipswich, IP12
£87506/240.08 miWallace Road, Off Bramford Road, Ipswich, IP12
£80006/240.09 miBramford Road, Ipswich, Suffolk, IP12
£89501/240.1 mi-2
£1,40005/240.1 mi-2
£1,55008/240.1 mi-2
£1,70011/240.1 mi-2
£1,70012/240.1 mi-2
£1,40011/240.1 mi-2
£1,70012/240.1 mi-2
£1,10012/240.11 mi-2
£85004/240.2 miSaturn Road, Ipswich2
£79504/240.23 miSproughton Road, East Ipswich, Ipswich, IP12
£1,20001/240.25 mi-2
£90005/240.27 miIpswich, Suffolk2
£92504/240.28 miWestbourne Road, Ipswich, IP12
£1,20009/230.3 mi-2
£85002/240.31 mi-2
£85002/240.31 mi-2
£95005/240.31 miBramford Lane, Ipswich, IP12
£1,20006/240.33 miMimas Way, Ipswich IP12
£1,20004/240.33 miMimas Way, IPSWICH2
£1,20005/240.33 miMimas Way, IP12
£1,20005/240.33 miMimas Way, IP12
£90004/240.38 miBramford Lane, Ipswich, Suffolk, IP12
£99503/240.4 mi-2
£97504/240.45 miKitchener Road, Ipswich2
£99506/240.47 miBramford Lane, IPSWICH2
£90002/240.54 miBramford Road, Ipswich2
£1,09507/240.55 mi-2
£80004/240.6 miNorwich Road, Ipswich, Suffolk, IP12
£99504/240.61 miBeaconsfield Road, IPSWICH2

Local Area Statistics

Population in IP1

39,363

Population in Ipswich

219,393

Town centre distance

2.05 miles away

Nearest school

0.30 miles away

Nearest train station

1.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+50%

Sales demand

Balanced market

Capital growth (5yrs)

+29%

Property History

Listed for £255,000

March 7, 2025

Floor Plans

Description

  • End Terraced Bungalow +
  • Two Double Bedrooms +
  • Lounge/Diner +
  • Kitchen +
  • Shower Room +
  • Secure Gated Community +
  • Allocated Parking +
  • Popular Location +

Nestled in the charming area of Waveney Road, Ipswich, this delightful end terraced bungalow offers a perfect blend of comfort and security. Situated within a secure gated community, this property is ideal for those seeking a peaceful and safe environment.

The bungalow features a welcoming reception room, providing a warm and inviting space for relaxation or entertaining guests. With two well-proportioned bedrooms, there is ample room for those wishing to downsize without compromising on space. The shower room is conveniently located, ensuring ease of access for all residents.

The location is particularly appealing, as it is set in a popular area of Ipswich, known for its community spirit and accessibility to local amenities. Residents will enjoy the tranquillity of the surroundings while still being within reach of the vibrant town centre, which offers a variety of shops, restaurants, and recreational facilities.

This property presents an excellent opportunity for anyone looking to settle in a comfortable and secure home in a sought-after location.

Hallway - Built in cupboard and one radiator.

Lounge - 5.08m x 3.56m (16'8 x 11'8) - French doors to rear, two radiators.

Kitchen - 2.57m x 2.51m (8'5 x 8'3 ) - Fitted with a range of base units and drawers with matching wall mounted cabinets and 11/2 bowl sink and drainer unit. There is space for washing machine and fridge/freezer. There is a tiled splash back and wall mounted boiler. A window to the rear.

Bedroom 1 - 4.32m x 3.35m (14'2 x 11) - Window to front and one radiator.

Bedroom 2 - 3.23m x 3.05m (10'7 x 10) - Window to front. There is a built-in double wardrobe and one radiator.

Shower Room - Fitted with shower cubicle and vanity inset sink, a WC and one radiator.

Outside - The property is accessed via private security gate and leads to an allocated parking space. The front garden is predominantly laid to lawn. The rear garden has a large decking area and is also predominantly laid to lawn and enclosed by timber fencing.

Agent Details

Keystone, Ipswich

01473 943998

Next Steps?

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