2 Bed Flat, Single Let, Ipswich, IP4 2GA, £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 | £151,518£151,518 |
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 | £700 - £1,200£700 - £1,200 |
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 £135.5K. £1.5K/m² to £4.3K/m², average is £2.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£145K | 07/21 | 0.01 mi | 12, Meridian Rise, Ipswich, Suffolk IP4 2GA | £2,312 | 63 | 2 | Flat | |
£130K | 04/21 | 0.05 mi | 31, Meridian Rise, Ipswich, Suffolk IP4 2GF | £2,407 | 54 | 2 | Flat | |
£138K | 04/21 | 0.05 mi | 23, Meridian Rise, Ipswich, Suffolk IP4 2GF | £2,379 | 58 | 2 | Flat | |
£145K | 08/21 | 0.05 mi | 133, Meridian Rise, Ipswich, Suffolk IP4 2GF | £2,197 | 66 | 2 | Flat | |
£148.5K | 10/20 | 0.05 mi | 113, Meridian Rise, Ipswich, Suffolk IP4 2GF | £2,184 | 68 | 2 | Flat | |
£145K | 06/21 | 0.05 mi | 25, Meridian Rise, Ipswich, Suffolk IP4 2GF | £2,500 | 58 | 2 | Flat | |
£146.5K | 01/23 | 0.1 mi | 7, Haslemere Drive, Ipswich, Suffolk IP4 2PP | £2,526 | 58 | 2 | Flat | |
£134.5K | 07/21 | 0.1 mi | 1, Haslemere Drive, Ipswich, Suffolk IP4 2PP | £2,453 | 55 | 2 | Flat | |
£125K | 04/23 | 0.21 mi | 24, Postmill Close, Ipswich, Suffolk IP4 2RF | £2,155 | 58 | 2 | Flat | |
£120K | 07/21 | 0.21 mi | 42, Postmill Close, Ipswich, Suffolk IP4 2RF | £2,105 | 57 | 2 | Flat | |
£107.5K | 06/21 | 0.21 mi | 30, Postmill Close, Ipswich, Suffolk IP4 2RF | £1,920 | 56 | 2 | Flat | |
£135K | 03/23 | 0.23 mi | 125, Cemetery Road, Ipswich, Suffolk IP4 2HZ | - | - | 2 | Flat | |
£134K | 10/22 | 0.46 mi | 16, Silk Street, Ipswich, Suffolk IP4 2PA | £1,887 | 71 | 2 | Flat | |
£115K | 08/21 | 0.47 mi | 18, Silk Street, Ipswich, Suffolk IP4 2PA | £1,716 | 67 | 2 | Flat | |
£120K | 12/22 | 0.48 mi | 147, Oakstead Close, Ipswich, Suffolk IP4 4HW | £2,143 | 56 | 2 | Flat | |
£142K | 02/23 | 0.48 mi | 50, Finbars Walk, Ipswich, Suffolk IP4 1HY | £2,679 | 53 | 2 | Flat | |
£167.5K | 11/22 | 0.68 mi | Flat F, 26, Fonnereau Road, Ipswich, Suffolk IP1 3JP | £3,213 | 52 | 2 | Flat | |
£322.5K | 06/23 | 0.73 mi | 51, Neptune Square, Ipswich, Suffolk IP4 1QH | £4,300 | 75 | 2 | Flat | |
£315K | 07/23 | 0.73 mi | 39, Neptune Square, Ipswich, Suffolk IP4 1QH | £4,297 | 73 | 2 | Flat | |
£290K | 02/21 | 0.73 mi | 51, Neptune Square, Ipswich, Suffolk IP4 1QH | £3,867 | 75 | 2 | Flat | |
£167K | 01/21 | 0.73 mi | 10, Neptune Square, Ipswich, Suffolk IP4 1QH | £3,199 | 52 | 2 | Flat | |
£255K | 06/21 | 0.73 mi | 48, Neptune Square, Ipswich, Suffolk IP4 1QH | £3,400 | 75 | 2 | Flat | |
£133K | 09/22 | 0.74 mi | 93, Pownall Road, Ipswich, Suffolk IP3 0DA | £1,900 | 70 | 2 | Flat | |
£120K | 04/21 | 0.75 mi | 56, Pownall Road, Ipswich, Suffolk IP3 0DR | £2,034 | 59 | 2 | Flat | |
£128K | 07/21 | 0.75 mi | 64, Pownall Road, Ipswich, Suffolk IP3 0DR | £1,882 | 68 | 2 | Flat | |
£130K | 11/20 | 0.75 mi | 48, Pownall Road, Ipswich, Suffolk IP3 0DR | £2,321 | 56 | 2 | Flat | |
£128K | 07/21 | 0.75 mi | 64, Pownall Road, Ipswich, Suffolk IP3 0DR | £1,882 | 68 | 2 | Flat | |
£135K | 05/23 | 0.75 mi | 46, Pownall Road, Ipswich, Suffolk IP3 0DR | £2,252 | 60 | 2 | Flat | |
£135K | 04/23 | 0.76 mi | 58, Fore Hamlet, Ipswich, Suffolk IP3 8BD | £1,824 | 74 | 2 | Flat | |
£118K | 06/21 | 0.76 mi | 32, Fore Hamlet, Ipswich, Suffolk IP3 8BD | £1,686 | 70 | 2 | Flat | |
£180K | 05/21 | 0.76 mi | 12, Fuchsia Lane, Ipswich, Suffolk IP4 1QB | - | - | 2 | Flat | |
£130K | 02/23 | 0.78 mi | 21, Isham Place, Ipswich, Suffolk IP3 0DY | £2,319 | 56 | 2 | Flat | |
£110K | 06/21 | 0.78 mi | 1, Isham Place, Ipswich, Suffolk IP3 0DY | £1,833 | 60 | 2 | Flat | |
£134K | 02/23 | 0.78 mi | 5, Isham Place, Ipswich, Suffolk IP3 0DY | £2,627 | 51 | 2 | Flat | |
£125K | 06/21 | 0.79 mi | 6, Isham Place, Ipswich, Suffolk IP3 0DZ | £2,128 | 59 | 2 | Flat | |
£151.5K | 12/20 | 0.79 mi | 53, Pownall Road, Ipswich, Suffolk IP3 0DN | £2,658 | 57 | 2 | Flat | |
£125.5K | 05/21 | 0.79 mi | 42, Siloam Place, Ipswich, Suffolk IP3 0FB | £1,476 | 85 | 2 | Flat | |
£140K | 12/22 | 0.8 mi | 32, Siloam Place, Ipswich, Suffolk IP3 0FB | £2,373 | 59 | 2 | Flat | |
£119K | 10/20 | 0.8 mi | 22, Siloam Place, Ipswich, Suffolk IP3 0FB | £2,644 | 45 | 2 | Flat | |
£114K | 01/23 | 0.8 mi | 59, Siloam Place, Ipswich, Suffolk IP3 0FD | £1,781 | 64 | 2 | Flat | |
£155K | 07/23 | 0.8 mi | 183d, Foxhall Road, Ipswich, Suffolk IP3 8LB | £3,217 | 48 | 2 | Flat | |
£138.5K | 10/22 | 0.81 mi | 19, Hope Court, Ipswich, Suffolk IP3 0DW | £1,979 | 70 | 2 | Flat | |
£130K | 10/22 | 0.82 mi | 36, Hope Court, Ipswich, Suffolk IP3 0DX | £1,605 | 81 | 2 | Flat | |
£140K | 11/21 | 0.82 mi | 239, Duke Street, Ipswich, Suffolk IP3 0BX | - | - | 2 | Flat | |
£161K | 09/21 | 0.84 mi | 15, St Nicholas Court, Ipswich, Suffolk IP1 1TG | £1,789 | 90 | 2 | Flat | |
£147K | 10/22 | 0.84 mi | 106, Siloam Place, Ipswich, Suffolk IP3 0FF | £2,492 | 59 | 2 | Flat | |
£136K | 04/23 | 0.84 mi | 92, Siloam Place, Ipswich, Suffolk IP3 0FF | £1,936 | 70 | 2 | Flat | |
£165K | 12/22 | 0.91 mi | Flat 21, Henley Court, Henley Road, Ipswich, Suffolk IP1 3SD | - | - | 2 | Flat | |
£220K | 03/21 | 0.91 mi | 6, Starfield Close, Ipswich, Suffolk IP4 5JQ | £4,151 | 53 | 2 | Flat | |
£150K | 02/21 | 0.93 mi | 72, Wolsey Street, Ipswich, Suffolk IP1 1AF | £2,174 | 69 | 2 | Flat |
Local Rents
51 rents from £700/mo to £1.2K/mo, average is £950/mo.
Rent | Date | Distance | Address | Beds | Type | |
£950 | 01/24 | 0.05 mi | Meridian Rise, Ipswich | 2 | Flat | |
£1,050 | 06/24 | 0.05 mi | Meridian Rise, IPSWICH | 2 | Flat | |
£1,000 | 08/24 | 0.1 mi | Bramley Hill, Ipswich | 2 | Terraced House | |
£950 | 09/24 | 0.11 mi | Bramley Hill, IPSWICH | 2 | Flat | |
£950 | 07/24 | 0.16 mi | Meridian Rise, Ipswich, Suffolk, IP4 | 2 | Flat | |
£950 | 08/24 | 0.16 mi | Meridian Rise, Ipswich, Suffolk, IP4 | 2 | Flat | |
£1,100 | 07/24 | 0.17 mi | Woodbridge Road, Ipswich, Suffolk, IP4 | 2 | Semi-Detached House | |
£1,000 | 06/24 | 0.17 mi | Suffolk Road, Ipswich, Suffolk, IP4 | 2 | Terraced House | |
£875 | 04/24 | 0.18 mi | - | 2 | Terraced House | |
£995 | 04/24 | 0.19 mi | Woodbridge Road, Ipswich, IP4 | 2 | Terraced House | |
£950 | 06/24 | 0.19 mi | Parade Road, Ipswich, Suffolk, IP4 | 2 | Terraced House | |
£900 | 05/24 | 0.19 mi | Finchley Road | 2 | Terraced House | |
£850 | 07/24 | 0.2 mi | Norfolk Road, Ipswich, Suffolk, UK, IP4 | 2 | House | |
£975 | 07/24 | 0.2 mi | Parade Road, Ipswich, Suffolk, IP4 | 2 | Terraced House | |
£975 | 07/24 | 0.2 mi | Parade Road, Ipswich, IP4 | 2 | Terraced House | |
£1,050 | 07/24 | 0.21 mi | Belle Vue Road, Ipswich, Suffolk | 2 | House | |
£925 | 07/24 | 0.21 mi | Finchley Road, Ipswich | 2 | House | |
£875 | 05/24 | 0.23 mi | Suffolk Road, IP4 | 2 | Terraced House | |
£850 | 04/24 | 0.23 mi | Cemetery Road, Ipswich, Suffolk, IP4 | 2 | Flat | |
£850 | 04/24 | 0.23 mi | - | 2 | Terraced House | |
£945 | 01/24 | 0.24 mi | Belle Vue Road, Ipswich, Suffolk, IP4 | 2 | Terraced House | |
£925 | 04/24 | 0.25 mi | - | 2 | Terraced House | |
£925 | 04/24 | 0.25 mi | - | 2 | Terraced House | |
£875 | 04/24 | 0.25 mi | Brunswick Road, IP4 | 2 | Terraced House | |
£975 | 04/24 | 0.29 mi | - | 2 | Terraced House | |
£995 | 10/24 | 0.31 mi | - | 2 | Terraced House | |
£925 | 08/24 | 0.31 mi | Nottidge Road, Ipswich, Suffolk, IP4 | 2 | Terraced House | |
£1,100 | 06/24 | 0.31 mi | Nottidge Road, Ipswich | 2 | Semi-Detached House | |
£925 | 04/24 | 0.33 mi | Woodbridge Road, Ipswich, Suffolk, IP4 | 2 | Terraced House | |
£975 | 08/24 | 0.33 mi | Woodbridge Road, Ipswich, Suffolk, IP4 | 2 | Terraced House | |
£750 | 04/24 | 0.34 mi | Christchurch Street, Ipswich | 2 | Flat | |
£875 | 03/25 | 0.34 mi | - | 2 | Flat | |
£950 | 08/24 | 0.35 mi | St Marys Road, IPSWICH | 2 | Flat | |
£925 | 08/24 | 0.35 mi | St. Marys Road, Ipswich, Suffolk, UK, IP4 | 2 | Flat | |
£975 | 06/24 | 0.36 mi | Cemetery Road, Ipswich, IP4 | 2 | Terraced House | |
£1,200 | 04/24 | 0.36 mi | Whitby Road, IPSWICH | 2 | Bungalow | |
£700 | 04/24 | 0.37 mi | Withipoll Street, Ipswich, IP4 | 2 | Flat | |
£1,050 | 07/24 | 0.37 mi | Burnham Close, Ipswich | 2 | House | |
£975 | 04/24 | 0.37 mi | Christchurch Street,Ipswich,IP4 | 2 | Terraced House | |
£1,000 | 05/24 | 0.37 mi | Christchurch Street, Ipswich | 2 | Terraced House | |
£950 | 07/24 | 0.39 mi | - | 2 | Flat | |
£950 | 12/23 | 0.39 mi | - | 2 | Flat | |
£895 | 04/24 | 0.39 mi | Hervey Street, Ipswich | 2 | Terraced House | |
£875 | 04/24 | 0.42 mi | Cobbold Street, Ipswich, Suffolk, IP4 2DN | 2 | Flat | |
£875 | 07/24 | 0.42 mi | Cobbold Street, Ipswich, Suffolk, IP4 2DN | 2 | Flat | |
£900 | 07/24 | 0.42 mi | St Helens Street, Ipswich | 2 | Terraced House | |
£800 | 04/24 | 0.43 mi | Woodbridge Road, Ipswich, Suffolk, IP4 | 2 | Flat | |
£1,100 | 09/24 | 0.43 mi | - | 2 | Terraced House | |
£850 | 09/24 | 0.44 mi | Oxford Road, IPSWICH | 2 | Flat | |
£775 | 08/24 | 0.47 mi | St. Helens Street, Ipswich | 2 | Flat | |
£750 | 08/24 | 0.47 mi | St. Helens Street, Ipswich | 2 | Flat |
Local Area Statistics
Population in IP4 | 36,42936,429 |
Population in Ipswich | 219,393219,393 |
Town centre distance | 0.36 miles away0.36 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 0.99 miles away0.99 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +5%+5% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +13%+13% |
Property History
Listed for £150,000
March 18, 2025
Floor Plans

Description
- OPEN PLAN LIVING AREA PERFECT FOR ENTERTAINING +
- TWO GENEROUS SIZED BEDROOMS WITH EN-SUITE TO MASTER BEDROOM +
- ALLOCATED SECURE PARKING SPACE +
- POPULAR EAST SIDE OF IPSWICH LOCATION, WALK ABLE TO THE TOWN CENTRE +
- NO ONWARD CHAIN +
- MODERN KITCHEN WITH INTEGRATED APPLIANCES +
SUMMARY
A delightfully decorated apartment located within a walkable distance to the town centre. The Home boasts two generously sized bedrooms, en-suite and built in wardrobes to the master bedroom, a large light hallway, modern kitchen with integrated appliances and secure allocated parking.
DESCRIPTION
Located to the east of Ipswich on the Crest Nicholson development, you will find this well presented first-floor apartment offered with the added bonus of no onward chain. The communal entrance is accessed via a security entrance door, and there are stairs rising to the apartment. The large hallway gives access to the rooms as well as two storage cupboards, the large living accommodation is open plan and light and is a great space for entertaining. There are
two double bedrooms with an en-suite to the master bedroom and the outside of the property benefits from secure allocated parking. Ipswich has a cutting-edge theatre and arts scene, many schooling facilities, cosy Suffolk pubs, and a vibrant community of independent stores. Ipswich also has the benefit of being home to a mainline railway station that gives direct access into London Liverpool Street, Cambridge, Norwich and many more destinations. It also benefits from a rejuvenated waterfront Marina which boasts many restaurants, bars and cafes.
Communal Entrance
Accessed via fire security entrance door, stairs rising to the first floor and a door giving access to allocated parking area.
Entrance Hall
Accessed via entrance door, airing/storage cupboard with lighting, security entry phone, wood effect flooring, radiator, smooth ceiling and doors giving access to:
Open Plan Living Area 21' 1" x 14' 7" ( 6.43m x 4.45m )
Lounge Area
Two upvc double glazed windows to front, two radiators, wood effect flooring and smooth ceiling.
Kitchen Area
Upvc double glazed window to front, built-in fridge, built-in freezer, built-in oven , built-in Bosch hob with stainless steel splash back and extractor hood over, built-in Bosch washer / dryer, smooth ceiling with inset spotlighting, single drainage stainless steel sink with mixer tap inset in a roll edge work surface with cupboards and drawers under and matching above and cupboard housing
wall mounted boiler.
Bedroom One 15' 3" x 12' 5" narrowing to 9' 6" ( 4.65m x 3.78m narrowing to 2.90m )
Upvc double glazed window to rear, built-in double wardrobe, smooth ceiling, radiator and door giving access to:
En-Suite
Upvc double glazed window to rear, fully tiled double shower cubicle with independent shower over, wood effect vinyl flooring, low-level w/c, pedestal wash hand basin with mixer tap, heated towel rail,
shaver point, smooth ceiling with inset spotlighting and extractor fan.
Bedroom Two 10' x 10' ( 3.05m x 3.05m )
Upvc double glazed window to front, radiator and smooth ceiling.
Bathroom
Upvc double glazed window to side, enclosed w/c, shaped and panel bath with mixer tap and shower attachment with shower screen, tile effect vinyl flooring, wash hand basin with mixer tap, smooth ceiling with inset spotlighting and extractor fan, heated towel rail, shaver point and part tiled walls.
Outside
The property benefits from a allocated parking space and communal bin store and bike store.
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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