2 Bed Terraced House, Single Let, Ipswich, IP4 2EZ, £130,000

72 Suffolk Road, Ipswich, IP4 2EZ - 15 days ago

BTL
ROI: 6%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£130K - £235K
Sold Prices/m²£1.7K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£158,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Total Cash In

£40,200

 

 

Cash Out

 

Rent Range

£700 - £3,600

Rent Estimate

£769

Running Costs/mo

£580

Cashflow/mo

£189

Cashflow/yr

£2,267

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £130K to £235K, average is £188.5K. £1.7K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£157K12/200 mi80, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£145K03/210.01 mi41, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£170K07/210.06 mi71, Hervey Street, Ipswich, Suffolk IP4 2ET2
£198K10/210.06 mi95, Hervey Street, Ipswich, Suffolk IP4 2ET2
£158K02/210.06 mi21, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£170K11/200.06 mi36, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£225K06/210.07 mi122, Hervey Street, Ipswich, Suffolk IP4 2EU2
£189K01/210.1 mi156, Cemetery Road, Ipswich, Suffolk IP4 2HL2
£170K02/210.11 mi53, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF2
£165K05/230.12 mi20, Hervey Street, Ipswich, Suffolk IP4 2ES2
£230K12/220.13 mi22, Hayhill Road, Ipswich, Suffolk IP4 2HP2
£177.5K06/230.14 mi7, Finchley Road, Ipswich, Suffolk IP4 2HX2
£148K06/230.14 mi20, Finchley Road, Ipswich, Suffolk IP4 2HX2
£130K11/200.16 mi24, Cemetery Road, Ipswich, Suffolk IP4 2EP2
£211.8K06/230.17 mi62, Bolton Lane, Ipswich, Suffolk IP4 2BY2
£235K06/210.19 mi66, Lacey Street, Ipswich, Suffolk IP4 2PH2
£198K04/210.2 mi114, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG2
£190K04/210.2 mi12, Arthurs Terrace, Ipswich, Suffolk IP4 2NN2
£205K12/220.21 mi116, Lacey Street, Ipswich, Suffolk IP4 2PL2
£188K06/210.23 mi32, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£160K05/210.24 mi23, North Hill Road, Ipswich, Suffolk IP4 2PW2
£168.5K01/210.24 mi13, Cobbold Street, Ipswich, Suffolk IP4 2DN2
£180K03/230.25 mi192, Woodbridge Road, Ipswich, Suffolk IP4 2PB2
£177K09/210.26 mi14, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£160K03/210.27 mi70, Woodbridge Road, Ipswich, Suffolk IP4 2NG2
£230K12/200.29 mi21, Palmerston Road, Ipswich, Suffolk IP4 2NU2
£140K04/230.32 mi24, Alexandra Road, Ipswich, Suffolk IP4 2RH2
£228.5K09/210.32 mi38, Warwick Road, Ipswich, Suffolk IP4 2QE2
£179K06/210.34 mi18, Lancaster Road, Ipswich, Suffolk IP4 2NY2
£195K12/220.36 mi28, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£201K01/210.36 mi7, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£184K06/230.36 mi32, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£215K05/230.36 mi43, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£220K12/220.36 mi1, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£210K09/210.37 mi37, Alexandra Road, Ipswich, Suffolk IP4 2RL2
£200K12/220.42 mi25, Parade Road, Ipswich, Suffolk IP4 4BH2
£195K09/210.43 mi42, Parade Road, Ipswich, Suffolk IP4 4BH2
£164.5K02/210.43 mi6, Parade Road, Ipswich, Suffolk IP4 4BH2
£191.5K07/210.45 mi42, Spring Road, Ipswich, Suffolk IP4 2RS2
£184K12/220.47 mi28, Brunswick Road, Ipswich, Suffolk IP4 4BL2
£210K03/210.52 mi100, Spring Road, Ipswich, Suffolk IP4 2RR2
£200K12/200.52 mi7, Khartoum Road, Ipswich, Suffolk IP4 4EX2
£226K12/220.53 mi53, High Street, Ipswich, Suffolk IP1 3QL2
£195K07/210.54 mi63, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£207.5K06/230.54 mi27, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£173K01/210.54 mi18, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£185.5K10/220.54 mi55, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£215K01/230.54 mi61, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£188K11/200.55 mi29, Hutland Road, Ipswich, Suffolk IP4 4EZ2
£170K03/210.55 mi379, Woodbridge Road, Ipswich, Suffolk IP4 4ES2

Local Rents

51 rents from £700/mo to £3.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£87505/240 miSuffolk Road, IP42
£1,00006/240.06 miSuffolk Road, Ipswich, Suffolk, IP42
£85004/240.08 miCemetery Road, Ipswich, Suffolk, IP42
£85004/240.1 mi-2
£92504/240.11 mi-2
£92504/240.11 mi-2
£87503/250.11 mi-2
£85007/240.12 miNorfolk Road, Ipswich, Suffolk, UK, IP42
£99510/240.12 mi-2
£87504/240.12 mi-2
£90005/240.12 miFinchley Road2
£75004/240.13 miChristchurch Street, Ipswich2
£70004/240.14 miWithipoll Street, Ipswich, IP42
£92507/240.14 miFinchley Road, Ipswich2
£95012/230.17 mi-2
£97504/240.17 miChristchurch Street,Ipswich,IP42
£1,00005/240.17 miChristchurch Street, Ipswich2
£97506/240.18 miCemetery Road, Ipswich, IP42
£95001/240.2 miMeridian Rise, Ipswich2
£1,05006/240.2 miMeridian Rise, IPSWICH2
£89504/240.2 miHervey Street, Ipswich2
£87504/240.22 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£87507/240.22 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£95007/240.22 miMeridian Rise, Ipswich, Suffolk, IP42
£95008/240.22 miMeridian Rise, Ipswich, Suffolk, IP42
£1,10009/240.23 mi-2
£99504/240.25 miWoodbridge Road, Ipswich, IP42
£80004/240.26 miWoodbridge Road, Ipswich, Suffolk, IP42
£95009/240.28 miBramley Hill, IPSWICH2
£1,00008/240.28 miBramley Hill, Ipswich2
£1,10007/240.31 miWoodbridge Road, Ipswich, Suffolk, IP42
£87504/240.33 miSt Helens Street, Ipswich2
£94501/240.34 miBelle Vue Road, Ipswich, Suffolk, IP42
£77508/240.34 miSt. Helens Street, Ipswich2
£75008/240.34 miSt. Helens Street, Ipswich2
£97504/240.35 mi-2
£99501/240.35 miColman Gardens, 15 Great Colman Street, Ipswich, Suffolk, IP42
£90006/240.35 miGreat Colman Street, Colman Gardens, Ipswich, Suffolk, IP42
£1,05007/240.36 miBelle Vue Road, Ipswich, Suffolk2
£82507/240.36 miFlat 705, Carr Street, Ipswich2
£1,10006/240.36 miNottidge Road, Ipswich2
£92508/240.36 miNottidge Road, Ipswich, Suffolk, IP42
£90007/240.36 miSt Helens Street, Ipswich2
£3,60005/240.36 mi-2
£3,60010/240.36 mi-2
£95007/240.37 miBond Street, IPSWICH2
£95007/240.39 mi-2
£95006/240.4 miParade Road, Ipswich, Suffolk, IP42
£1,00004/240.41 miSt Edmund House, Rope Walk, Ipswich, Suffolk, IP42
£85009/240.42 miOxford Road, IPSWICH2
£1,00004/240.42 miRope Walk, Ipswich2

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.35 miles away

Nearest school

0.20 miles away

Nearest train station

1.10 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £130,000

March 21, 2025

Floor Plans

Description

  • No Onward Chain +
  • Two Bedroom Terraced Home +
  • Two Separate Reception Rooms +
  • Secluded Rear Garden +
  • Sought After IP4 Location +
  • Walking Distance To Christ Church Park +
  • Ideal First Time Buy +
  • Great Investment Opportunity With Rental Potential £1000pcm (Once renovated) +
  • Walking Distance To Town Centre +
  • Guide Price £130,000 - £150,000 +

Nestled on the charming Suffolk Road in Ipswich, this delightful two-bedroom Victorian terrace house presents an excellent opportunity for both first-time buyers and savvy investors. The property boasts two separate reception rooms, providing ample space for relaxation and entertaining.

With the potential for refurbishment, this home allows you to put your personal touch on it, making it truly your own. The absence of an onward chain simplifies the buying process, ensuring a smooth transition into your new abode.

Conveniently located within walking distance to the picturesque Christchurch Park and the vibrant Ipswich Town Centre, you will find yourself surrounded by a wealth of amenities, including shops, restaurants, and recreational facilities.

This property is not just a house; it is a canvas awaiting your vision. Whether you are looking to settle down in a welcoming community or seeking a promising investment opportunity, this Victorian terrace is a must-see. Don’t miss your chance to explore the potential that this charming home has to offer.

Open House Event Friday 28th March. Call To Confirm Your Appointment.

Guide Price £130,000 - £150,000

Lounge -

Dining Room -

Kitchen -

Bathroom -

Master Bedroom -

Bedroom Two -

Secluded Rear Garden -

Agent Details

Rock Estates Suffolk, Needham Market

01449 709106

Next Steps?

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