4 Bed Terraced House, Refurb/BRRR, Ipswich, IP4 4PZ, £60,000

12 Kirby Street, Ipswich, IP4 4PZ - 8 views - 19 days ago

Auction
Refurb/BRRR
ROI: 7%
110 m²
+13 photos

ValuationFair Value

Sold Prices£166.5K - £730K
Sold Prices/m²£2K/m² - £6.1K/m²

 

 

Square Metres

110 m²
Price/m²£545/m²

Value Estimate

£61,200

 

 

End Value (After Refurb)

£179,440

Uplift in Value

+199%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£51,097

Bridging Loan Interest

£1,575

Total Cash In

£73,622

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£179,440

Agent Fees (1%)

£1,794

Bridging Loan

£45,000

Bridging Loan Interest

£1,575

Flip Profit

£59,024

Local Sold Prices

51 sold prices from £166.5K to £730K, average is £330K. £2K/m² to £6.1K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£284.5K08/210.21 mi471, Woodbridge Road, Ipswich, Suffolk IP4 4EP4
£355K12/200.26 mi9, Jupiter Road, Ipswich, Suffolk IP4 4NT4
£405K02/230.26 mi154, St Johns Road, Ipswich, Suffolk IP4 5DD4
£355K03/210.27 mi156, St Johns Road, Ipswich, Suffolk IP4 5DD4
£268K06/210.27 mi214, Spring Road, Ipswich, Suffolk IP4 5NW4
£565K04/210.3 mi53, Cauldwell Avenue, Ipswich, Suffolk IP4 4DZ4
£326K02/210.34 mi32, Halliwell Road, Ipswich, Suffolk IP4 5LS4
£730K06/210.35 mi117, Rushmere Road, Ipswich, Suffolk IP4 4LH4
£210K03/210.35 mi67, Hutland Road, Ipswich, Suffolk IP4 4HQ4
£166.5K04/210.36 mi188, Spring Road, Ipswich, Suffolk IP4 5NR4
£270K07/210.37 mi15, Springhurst Close, Ipswich, Suffolk IP4 5NU4
£270K06/210.37 mi24, Springhurst Close, Ipswich, Suffolk IP4 5NU4
£430K01/230.37 mi34, Crofton Road, Ipswich, Suffolk IP4 4QS4
£365K06/210.39 mi5, St Marys Road, Ipswich, Suffolk IP4 4SW4
£445K07/230.39 mi2, St Marys Road, Ipswich, Suffolk IP4 4SW4
£365K11/200.39 mi276, Colchester Road, Ipswich, Suffolk IP4 4QX4
£390K02/210.4 mi32, St Marys Road, Ipswich, Suffolk IP4 4SW4
£478K11/200.42 mi48, Crofton Road, Ipswich, Suffolk IP4 4QP4
£375K02/210.43 mi9, Lattice Avenue, Ipswich, Suffolk IP4 5LJ4
£590K07/210.45 mi148, Rushmere Road, Ipswich, Suffolk IP4 3LA4
£330K11/200.46 mi10, St Anthonys Crescent, Ipswich, Suffolk IP4 4SY4
£317.5K11/200.46 mi48, St Anthonys Crescent, Ipswich, Suffolk IP4 4SY4
£400K08/210.46 mi2, St Anthonys Crescent, Ipswich, Suffolk IP4 4SY4
£283K03/230.49 mi4, Churchill Avenue, Ipswich, Suffolk IP4 5DR4
£530K10/200.51 mi267, Colchester Road, Ipswich, Suffolk IP4 4SH4
£500K03/230.51 mi29, Digby Road, Ipswich, Suffolk IP4 3NB4
£320K06/210.52 mi72, Newbury Road, Ipswich, Suffolk IP4 5EY4
£325K07/210.57 mi52, Beverley Road, Ipswich, Suffolk IP4 4BU4
£355K01/230.57 mi29, Whitby Road, Ipswich, Suffolk IP4 4AF4
£360K12/210.57 mi197, Sidegate Lane, Ipswich, Suffolk IP4 4JN4
£325K12/200.57 mi22, Caithness Close, Ipswich, Suffolk IP4 3ET4
£295K01/230.6 mi246, Woodbridge Road, Ipswich, Suffolk IP4 2QT4
£287K08/210.6 mi103, Belvedere Road, Ipswich, Suffolk IP4 4AD4
£269.5K11/220.61 mi2, Braeburn Close, Ipswich, Suffolk IP4 2GB4
£280K01/230.63 mi125, Shetland Close, Ipswich, Suffolk IP4 3DZ4
£328K12/200.65 mi14, Somerset Road, Ipswich, Suffolk IP4 4BZ4
£390K11/200.65 mi6, Somerset Road, Ipswich, Suffolk IP4 4BZ4
£225K12/200.65 mi21, Prentice Way, Ipswich, Suffolk IP3 8GH4
£405K11/220.65 mi211, Woodbridge Road, Ipswich, Suffolk IP4 2QJ4
£244K12/210.66 mi49, Dover Road, Ipswich, Suffolk IP3 8JQ4
£270K11/200.68 mi16, Gladstone Road, Ipswich, Suffolk IP3 8AT4
£300K06/210.71 mi5, Clare Road, Ipswich, Suffolk IP4 4DJ4
£500K11/220.71 mi61, Mayfield Road, Ipswich, Suffolk IP4 3NG4
£314.5K02/210.74 mi97, Colchester Road, Ipswich, Suffolk IP4 4ST4
£485K06/210.77 mi51, Melbourne Road, Ipswich, Suffolk IP4 5QB4
£375K07/230.79 mi18, Sandhurst Avenue, Ipswich, Suffolk IP3 8DU4
£375K07/230.79 mi18, Sandhurst Avenue, Ipswich, Suffolk IP3 8DU4
£370K12/200.8 mi43, Heath Lane, Ipswich, Suffolk IP4 5RS4
£212K03/210.8 mi171, Cemetery Road, Ipswich, Suffolk IP4 2HL4
£280K06/230.8 mi149, Cemetery Road, Ipswich, Suffolk IP4 2HL4
£330K06/210.81 mi149, Woodbridge Road, Ipswich, Suffolk IP4 2PF4

Local Rents

50 rents from £950/mo to £1.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,05009/240.06 mi-3
£1,05009/240.06 miSpring Road, Ipswich, IP43
£1,35004/240.14 mi-3
£1,10012/240.16 mi-3
£1,25002/240.19 mi-3
£1,40004/240.19 mi-3
£95002/240.2 mi-3
£99504/240.21 miUpland Road, Ipswich, IP43
£99507/240.21 miUpland Road, Ipswich, IP43
£1,05010/230.22 mi-3
£1,05001/250.22 mi-3
£1,07003/250.22 mi-3
£1,39511/240.23 mi-3
£1,20006/240.23 miNelson Road, Ipswich, Suffolk, IP43
£1,69506/240.26 miJupiter Road, Ipswich4
£1,69507/240.26 miJupiter Road, Ipswich4
£99507/240.27 miSt Johns Road, Ipswich, IP43
£1,29508/240.31 miStradbroke Road, Ipswich, IP43
£1,29510/240.31 mi-3
£1,20003/250.31 mi-3
£1,25001/240.31 miWoodbridge Road, Ipswich3
£1,30006/240.31 miCauldwell Hall Road, Ipswich, IP43
£1,30007/240.31 miCauldwell Hall Road, Ipswich, IP43
£1,40004/240.32 miSt. Marys Road, Ipswich, Suffolk, UK, IP44
£1,20001/240.32 miErnleigh Road, Ipswich, IP43
£1,19507/240.34 miLEOPOLD ROAD, Ipswich, IP43
£1,30003/250.35 mi-4
£1,65008/240.38 mi-3
£1,45005/240.4 miSpringhurst Close, Ipswich, IP44
£1,45005/240.4 miSpringhurst Close, Ipswich, IP44
£1,45007/240.4 miSpringhurst Close, Ipswich, IP44
£95007/240.4 miMeadow Vale Close, Ipswich3
£1,30006/240.4 miMeadowvale Close, Ipswich, IP43
£1,30004/240.42 miNorbury Road, IPSWICH3
£1,30007/240.42 miSt Anthonys Crescent, Ipswich, IP43
£1,20004/240.45 miBritannia Road, IPSWICH3
£1,20007/240.45 miBritannia Road, IPSWICH3
£1,20007/240.45 miBritannia Road, IPSWICH3
£1,37504/240.45 mi-3
£97501/240.46 miWellesley Road,Ipswich,IP43
£1,15007/240.46 miHenslow Road, Ipswich3
£1,10002/250.46 mi-3
£1,20006/240.47 miDarwin Road, Ipswich3
£1,10001/240.47 miDarwin Road, Ipswich, Suffolk, IP43
£1,10007/240.49 miCoronation Road, Ipswich3
£1,35008/240.49 miGoring Road, IPSWICH3
£1,59507/240.5 miRuskin Road, Ipswich3
£95006/240.5 miSpring Road, Ipswich3
£95006/240.5 miSpring Road, Ipswich3
£1,10010/240.51 mi-3

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.75 miles away

Nearest school

0.10 miles away

Nearest train station

0.61 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £60,000

March 7, 2025

Floor Plans

Description

LOT 73 FOR SALE BY ONLINE AUCTION on 26th March 2025

Freehold House Vacant Possession

Situated off Woodbridge Road, close to the amenities available in Ipswich Town Centre and travelling facilities including Derby Road and Ipswich Train Stations. Christchurch Park is also nearby.

A Terrace House requiring modernisation with accommodation arranged on Two Floors comprising:

First Floor
Bedroom (One)
Bedroom (Two)
Bedroom (Three)
Bedroom (Four)

Ground Floor
Entrance Porch
Through Reception Room
Kitchen
Bathroom/WC

Front Garden

Garden at Rear

Tenancy
Vacant Possession

EPC Rating
D

Council Tax Band
B

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

Agent Details

McHugh & Co, London

020 3907 9877

Next Steps?

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