2 Bed Flat, Single Let, Felixstowe, IP11 2LU, £162,500
Wadgate Road, Felixstowe, IP11 2LU - 24 days ago
Leasehold
BTL
ROI: 3%
~68 m²





+6 photos
ValuationUndervalued
Sold Prices | £86K - £420K |
Sold Prices/m² | £1.9K/m² - £4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.4K/m² |
Value Estimate | £183,610 |
BMV | 13% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £40,625 |
Stamp Duty & Legal Fees | £10,075 |
Total Cash In | £50,700 |
| |
Cash Out | |
Rent Range | £700 - £1,300 |
Rent Estimate | £820 |
Running Costs/mo | £692 |
Cashflow/mo | £128 |
Cashflow/yr | £1,538 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
20 sold prices from £86K to £420K, average is £180.8K. £1.9K/m² to £4K/m², average is £2.7K/m².
Local Rents
25 rents from £700/mo to £1.3K/mo, average is £900/mo.
Local Area Statistics
Population in IP11 | 29,290 |
Population in Felixstowe | 29,294 |
Town centre distance | 0.58 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.73 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | 0% |
Sales demand | Balanced market |
Capital growth (5yrs) | +16% |
Property History
Listed for £162,500
March 12, 2025
Description
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