2 Bed Flat, Single Let, Ipswich, IP3 0AR, £150,000





ValuationFair Value
Sold Prices | £107.5K - £322.5K |
Sold Prices/m² | £1.5K/m² - £4.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.2K/m² |
Value Estimate | £152,321£152,321 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £37,500£37,500 |
Stamp Duty & Legal Fees | £8,700£8,700 |
Total Cash In | £46,200£46,200 |
| |
Cash Out | |
Rent Range | £800 - £4,000£800 - £4,000 |
Rent Estimate | £850 |
Running Costs/mo | £659£659 |
Cashflow/mo | £191£191 |
Cashflow/yr | £2,295£2,295 |
ROI | 5%5% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £107.5K to £322.5K, average is £134.5K. £1.5K/m² to £4.3K/m², average is £2.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£140K | 11/21 | 0.14 mi | 239, Duke Street, Ipswich, Suffolk IP3 0BX | - | - | 2 | Flat | |
£147K | 10/22 | 0.15 mi | 106, Siloam Place, Ipswich, Suffolk IP3 0FF | £2,492 | 59 | 2 | Flat | |
£136K | 04/23 | 0.15 mi | 92, Siloam Place, Ipswich, Suffolk IP3 0FF | £1,936 | 70 | 2 | Flat | |
£130K | 10/22 | 0.15 mi | 36, Hope Court, Ipswich, Suffolk IP3 0DX | £1,605 | 81 | 2 | Flat | |
£138.5K | 10/22 | 0.16 mi | 19, Hope Court, Ipswich, Suffolk IP3 0DW | £1,979 | 70 | 2 | Flat | |
£140K | 12/22 | 0.16 mi | 32, Siloam Place, Ipswich, Suffolk IP3 0FB | £2,373 | 59 | 2 | Flat | |
£119K | 10/20 | 0.16 mi | 22, Siloam Place, Ipswich, Suffolk IP3 0FB | £2,644 | 45 | 2 | Flat | |
£125.5K | 05/21 | 0.17 mi | 42, Siloam Place, Ipswich, Suffolk IP3 0FB | £1,476 | 85 | 2 | Flat | |
£114K | 01/23 | 0.17 mi | 59, Siloam Place, Ipswich, Suffolk IP3 0FD | £1,781 | 64 | 2 | Flat | |
£151.5K | 12/20 | 0.18 mi | 53, Pownall Road, Ipswich, Suffolk IP3 0DN | £2,658 | 57 | 2 | Flat | |
£125K | 06/21 | 0.18 mi | 6, Isham Place, Ipswich, Suffolk IP3 0DZ | £2,128 | 59 | 2 | Flat | |
£130K | 02/23 | 0.19 mi | 21, Isham Place, Ipswich, Suffolk IP3 0DY | £2,319 | 56 | 2 | Flat | |
£110K | 06/21 | 0.19 mi | 1, Isham Place, Ipswich, Suffolk IP3 0DY | £1,833 | 60 | 2 | Flat | |
£134K | 02/23 | 0.19 mi | 5, Isham Place, Ipswich, Suffolk IP3 0DY | £2,627 | 51 | 2 | Flat | |
£135K | 04/23 | 0.21 mi | 58, Fore Hamlet, Ipswich, Suffolk IP3 8BD | £1,824 | 74 | 2 | Flat | |
£118K | 06/21 | 0.21 mi | 32, Fore Hamlet, Ipswich, Suffolk IP3 8BD | £1,686 | 70 | 2 | Flat | |
£120K | 04/21 | 0.21 mi | 56, Pownall Road, Ipswich, Suffolk IP3 0DR | £2,034 | 59 | 2 | Flat | |
£128K | 07/21 | 0.21 mi | 64, Pownall Road, Ipswich, Suffolk IP3 0DR | £1,882 | 68 | 2 | Flat | |
£130K | 11/20 | 0.21 mi | 48, Pownall Road, Ipswich, Suffolk IP3 0DR | £2,321 | 56 | 2 | Flat | |
£128K | 07/21 | 0.21 mi | 64, Pownall Road, Ipswich, Suffolk IP3 0DR | £1,882 | 68 | 2 | Flat | |
£135K | 05/23 | 0.21 mi | 46, Pownall Road, Ipswich, Suffolk IP3 0DR | £2,252 | 60 | 2 | Flat | |
£133K | 09/22 | 0.22 mi | 93, Pownall Road, Ipswich, Suffolk IP3 0DA | £1,900 | 70 | 2 | Flat | |
£322.5K | 06/23 | 0.31 mi | 51, Neptune Square, Ipswich, Suffolk IP4 1QH | £4,300 | 75 | 2 | Flat | |
£315K | 07/23 | 0.31 mi | 39, Neptune Square, Ipswich, Suffolk IP4 1QH | £4,297 | 73 | 2 | Flat | |
£290K | 02/21 | 0.31 mi | 51, Neptune Square, Ipswich, Suffolk IP4 1QH | £3,867 | 75 | 2 | Flat | |
£167K | 01/21 | 0.31 mi | 10, Neptune Square, Ipswich, Suffolk IP4 1QH | £3,199 | 52 | 2 | Flat | |
£255K | 06/21 | 0.31 mi | 48, Neptune Square, Ipswich, Suffolk IP4 1QH | £3,400 | 75 | 2 | Flat | |
£320K | 04/21 | 0.34 mi | 155, Stoke Quay, Ipswich, Suffolk IP2 8SN | £2,991 | 107 | 2 | Flat | |
£108K | 11/21 | 0.49 mi | 88, Vernon Street, Ipswich, Suffolk IP2 8JB | £1,742 | 62 | 2 | Flat | |
£135K | 11/21 | 0.53 mi | 6, Bruff Road, Ipswich, Suffolk IP2 8GY | £2,318 | 58 | 2 | Flat | |
£137.5K | 04/23 | 0.53 mi | 31, Seymour Road, Ipswich, Suffolk IP2 8EN | £2,500 | 55 | 2 | Flat | |
£110K | 10/21 | 0.55 mi | 25, Sinclair Drive, Ipswich, Suffolk IP2 8HZ | - | - | 2 | Flat | |
£142K | 02/23 | 0.57 mi | 50, Finbars Walk, Ipswich, Suffolk IP4 1HY | £2,679 | 53 | 2 | Flat | |
£110K | 12/20 | 0.61 mi | 88, Bruff Road, Ipswich, Suffolk IP2 8GX | £1,964 | 56 | 2 | Flat | |
£128K | 12/22 | 0.61 mi | 102, Bruff Road, Ipswich, Suffolk IP2 8GX | £2,281 | 56 | 2 | Flat | |
£153.5K | 12/22 | 0.63 mi | 43, Bruff Road, Ipswich, Suffolk IP2 8GS | £2,952 | 52 | 2 | Flat | |
£115K | 08/21 | 0.64 mi | 18, Silk Street, Ipswich, Suffolk IP4 2PA | £1,716 | 67 | 2 | Flat | |
£134K | 10/22 | 0.65 mi | 16, Silk Street, Ipswich, Suffolk IP4 2PA | £1,887 | 71 | 2 | Flat | |
£180K | 05/21 | 0.67 mi | 12, Fuchsia Lane, Ipswich, Suffolk IP4 1QB | - | - | 2 | Flat | |
£155K | 07/23 | 0.68 mi | 183d, Foxhall Road, Ipswich, Suffolk IP3 8LB | £3,217 | 48 | 2 | Flat | |
£150K | 02/21 | 0.74 mi | 72, Wolsey Street, Ipswich, Suffolk IP1 1AF | £2,174 | 69 | 2 | Flat | |
£162.5K | 04/21 | 0.74 mi | 58, Wolsey Street, Ipswich, Suffolk IP1 1AF | £2,500 | 65 | 2 | Flat | |
£170K | 06/21 | 0.74 mi | 54, Wolsey Street, Ipswich, Suffolk IP1 1AF | £2,017 | 84 | 2 | Flat | |
£122.5K | 03/21 | 0.74 mi | 92, Wolsey Street, Ipswich, Suffolk IP1 1AF | £1,801 | 68 | 2 | Flat | |
£120K | 01/23 | 0.75 mi | Flat B, Chilton Court, Belstead Avenue, Ipswich, Suffolk IP2 8NS | £2,256 | 53 | 2 | Flat | |
£161K | 09/21 | 0.76 mi | 15, St Nicholas Court, Ipswich, Suffolk IP1 1TG | £1,789 | 90 | 2 | Flat | |
£123.5K | 04/21 | 0.76 mi | 32, Maidenhall Approach, Ipswich, Suffolk IP2 8NX | - | - | 2 | Flat | |
£135K | 03/23 | 0.82 mi | 125, Cemetery Road, Ipswich, Suffolk IP4 2HZ | - | - | 2 | Flat | |
£120K | 07/21 | 0.85 mi | 42, Postmill Close, Ipswich, Suffolk IP4 2RF | £2,105 | 57 | 2 | Flat | |
£107.5K | 06/21 | 0.85 mi | 30, Postmill Close, Ipswich, Suffolk IP4 2RF | £1,920 | 56 | 2 | Flat |
Local Rents
53 rents from £800/mo to £4K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,100 | 05/24 | 0.04 mi | Anchor Street, Ipswich | 2 | Flat | |
£1,250 | 12/24 | 0.04 mi | - | 2 | Flat | |
£1,100 | 12/24 | 0.04 mi | - | 2 | Flat | |
£1,150 | 01/24 | 0.04 mi | Anchor Street, Ipswich, Suffolk, IP3 | 2 | Flat | |
£995 | 04/24 | 0.04 mi | 1 Anchor Street, Orwell Quay, Ipswich, IP3 | 2 | Flat | |
£1,200 | 12/24 | 0.06 mi | - | 2 | Flat | |
£1,200 | 12/24 | 0.06 mi | - | 2 | Flat | |
£950 | 01/24 | 0.06 mi | Anchor Street, Ipswich | 2 | Flat | |
£1,100 | 05/24 | 0.07 mi | Patteson Road, Ipswich | 2 | Flat | |
£1,100 | 05/24 | 0.07 mi | Patteson Road, IPSWICH | 2 | Flat | |
£850 | 12/24 | 0.08 mi | - | 2 | Flat | |
£875 | 01/24 | 0.12 mi | Tye Road, Ipswich, Suffolk, IP3 | 2 | Flat | |
£950 | 04/24 | 0.15 mi | Siloam Place, Modus Development, Ipswich, Suffolk, IP3 | 2 | Flat | |
£875 | 06/24 | 0.15 mi | Hope Court, Modus | 2 | Flat | |
£850 | 05/24 | 0.19 mi | Isham Place, Ipswich, Suffolk, IP3 | 2 | Flat | |
£885 | 05/24 | 0.19 mi | Isham Place, Ipswich | 2 | Flat | |
£895 | 12/24 | 0.2 mi | - | 2 | Flat | |
£950 | 12/24 | 0.22 mi | - | 2 | Flat | |
£850 | 01/24 | 0.22 mi | Pownall Road, Ipswich, Suffolk, IP3 | 2 | Flat | |
£995 | 04/24 | 0.23 mi | Neptune Marina, Ipswich, IP3 | 2 | Flat | |
£1,100 | 04/24 | 0.23 mi | Neptune Marina, 1 Coprolite Street, Ipswich, Suffolk, IP3 | 2 | Flat | |
£1,050 | 05/24 | 0.23 mi | Coprolite Street, Ipswich | 2 | Flat | |
£1,200 | 10/24 | 0.24 mi | - | 2 | Flat | |
£1,200 | 10/24 | 0.24 mi | - | 2 | Flat | |
£975 | 05/24 | 0.24 mi | Coprolite Street, Ipswich | 2 | Flat | |
£800 | 12/24 | 0.25 mi | Fore Hamlet, Ipswich | 2 | Flat | |
£875 | 05/24 | 0.28 mi | Mitre Way, Ipswich | 2 | Terraced House | |
£825 | 01/24 | 0.28 mi | Fore Hamlet, Ipswich | 2 | Flat | |
£900 | 03/25 | 0.29 mi | - | 2 | Terraced House | |
£1,150 | 01/24 | 0.31 mi | Neptune Square, Ipswich, IP4 | 2 | Flat | |
£1,200 | 07/24 | 0.31 mi | Neptune Square, Ipswich, IP4 | 2 | Flat | |
£950 | 08/24 | 0.31 mi | Neptune Square, Ipswich, IP4 | 2 | Flat | |
£1,200 | 01/24 | 0.31 mi | Neptune Square, Ipswich, Suffolk, IP4 | 2 | Flat | |
£1,325 | 04/24 | 0.31 mi | Neptune Square, Ipswich | 2 | Flat | |
£1,200 | 07/24 | 0.31 mi | Neptune Square, Ipswich, IP4 | 2 | Flat | |
£1,250 | 08/24 | 0.31 mi | Neptune Square, Ipswich, Suffolk, IP4 | 2 | Flat | |
£1,250 | 08/24 | 0.31 mi | Neptune Square, Ipswich, Suffolk, IP4 | 2 | Flat | |
£1,000 | 07/24 | 0.34 mi | Stoke Quay, IP2 | 2 | Flat | |
£950 | 08/24 | 0.34 mi | Stoke Quay, Ipswich, IP2 | 2 | Flat | |
£800 | 01/24 | 0.36 mi | Fore Street, Ipswich, Suffolk, IP4 | 2 | Flat | |
£985 | 08/24 | 0.36 mi | Stoke Quay, Ipswich | 2 | Flat | |
£985 | 09/24 | 0.36 mi | Stoke Quay, Ipswich | 2 | Flat | |
£4,000 | 11/24 | 0.41 mi | - | 2 | Flat | |
£4,000 | 11/24 | 0.41 mi | - | 2 | Flat | |
£1,000 | 04/24 | 0.41 mi | The Winerack, Key Street, Ipswich | 2 | Flat | |
£1,200 | 07/24 | 0.41 mi | The Winerack, Key Street, Ipswich | 2 | Flat | |
£1,000 | 07/24 | 0.41 mi | The Winerack, Key Street, Ipswich | 2 | Flat | |
£1,150 | 07/24 | 0.41 mi | The Winerack, Key Street, Ipswich | 2 | Flat | |
£1,095 | 08/24 | 0.41 mi | The Cambria, Key Street, Ipswich | 2 | Flat | |
£1,050 | 08/24 | 0.41 mi | The Winerack, Key Street, Ipswich | 2 | Flat | |
£1,125 | 01/24 | 0.42 mi | 44 The Cambria, Regatta Quay, Key Street, Ipswich, Suffolk, IP4 | 2 | Flat | |
£1,250 | 07/24 | 0.42 mi | The Cambria, Quay Street, Ipswich, IP4 | 2 | Flat | |
£1,250 | 07/24 | 0.42 mi | The Cambria, Quay Street, Ipswich, IP4 | 2 | Flat |
Local Area Statistics
Population in IP3 | 34,30834,308 |
Population in Ipswich | 219,393219,393 |
Town centre distance | 0.60 miles away0.60 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.77 miles away0.77 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +1%+1% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +9%+9% |
Property History
Listed for £150,000
March 10, 2025
Floor Plans

Description
- SECOND FLOOR APARTMENT WITH RIVER VIEWS +
- OPEN PLAN LIGHT AND SPACIOUS LIVING AREA +
- TWO DOUBLE BEDROOMS, BEDROOM ONE WITH FITTED WARDROBES +
- ADJACENT TO THE REJUVENATED MARINA +
- SECURE ALLOCATED PARKING SPACE +
- NO ONWARD CHAIN +
SUMMARY
A contemporary apartment flooded with natural light located adjacent to the Waterfront Marina. The home boasts two double bedrooms, a spacious living area, a secure parking space, river views and is being sold with no onward chain.
DESCRIPTION
Located adjacent to the marina, an internal viewing is highly recommended on this well presented two double bedroom second floor apartment. The property comprises of a natural light filled open plan living area which is a great space for entertaining, kitchen, two double bedrooms, bedroom one with fitted wardrobes, bathroom and the outside of the property has a secure allocated parking space. The apartment also has the added bonus of being offered with no onward chain.
Ipswich Waterfront is one of the most recognisable areas of the town, popular for the many bars, cafes and bistros perched along the waters edge, and with views over the marinas. Festivals and events are held along Waterfront throughout the year. The Waterfront is also home to DanceEast, the University of Suffolk’s Ipswich Campus, the Suffolk Archives’ new, cutting-edge visitor centre The Hold and two river trip operators.
The property is also within walking distance to the mainline station, which has direct trains to London (around one hour) and the Midlands. Ipswich, being located on the A12 and A14, means its within easy reach of London and the rest of the country, and of course the stunning Suffolk countryside and coastline.
Communal Entrance Hall
Accessed via security entrance door and stairs rising to the second floor:
Entrance Hall
Accessed via entrance door, walk in storage/airing cupboard, electric panel, radiator, smooth ceiling with inset spotlighting, newly laid carpet and doors giving access to:
Open Plan Living Area 21' x 12' 3" ( 6.40m x 3.73m )
Lounge Area
Upvc double glazed apex window to front, newly laid carpet, smooth coved ceiling and electric panel radiator.
Kitchen
Upvc double glazed window to side, built-in oven, built-in hob with stainless steel splashback and stainless steel extractor hood over space for fridge freezer, circle bowl and drainer sink inset with mixer tap inset in a worktop with cupboards and drawers under and matching above, tiled splashbacks and electric panel radiator.
Bedroom One 15' x 10' 7" ( 4.57m x 3.23m )
Upvc double glazed patio door giving access to a Juliet balcony, newly laid carpet, electric panel radiator, built-in double wardrobe, television point and smooth ceiling.
Bedroom Two 11' 9" x 10' 7" ( 3.58m x 3.23m )
Upvc double glazed window to front, radiator, newly laid carpet and smooth ceiling.
Bathroom
Shaped and panel bath with mixer tap and independent shower over, enclosed w/c, wash hand basin with mixer tap, heated towel rail, tile effect vinyl flooring, smooth ceiling with inset spotlighting and extractor fan.
Outside
The property benefits from a secure allocated parking space.
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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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