3 Bed Terraced House, Single Let, Ipswich, IP2 9EQ, £234,950

Downing Close, Ipswich, IP2 9EQ - 20 days ago

BTL
ROI: 1%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£160K - £650K
Sold Prices/m²£1.9K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£263,677
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,738

Stamp Duty & Legal Fees

£12,948

Total Cash In

£71,685

 

 

Cash Out

 

Rent Range

£995 - £1,600

Rent Estimate

£995

Running Costs/mo

£953

Cashflow/mo

£42

Cashflow/yr

£501

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £160K to £650K, average is £243.8K. £1.9K/m² to £4.2K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£184K12/200.03 mi117, Downing Close, Ipswich, Suffolk IP2 9EQ3
£275K10/200.1 mi4, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£300K04/230.1 mi14, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£200K05/210.12 mi158, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£235K06/230.12 mi150, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£350K06/210.13 mi28, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£357.5K03/210.13 mi40, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£360K08/210.14 mi34, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£366K05/230.15 mi98, Sandringham Close, Ipswich, Suffolk IP2 9DU3
£160K10/200.19 mi11, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£210K06/230.19 mi56, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£315K11/200.19 mi26, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£270K10/200.19 mi14, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£285K02/230.2 mi44, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£275K01/230.21 mi119, Mallard Way, Ipswich, Suffolk IP2 9LZ3
£650K02/210.21 mi263, Belstead Road, Ipswich, Suffolk IP2 9DX3
£285K07/230.23 mi46, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£250K03/210.23 mi37, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£250K02/230.24 mi85, Sandpiper Road, Ipswich, Suffolk IP2 9HT3
£240K10/220.25 mi56, Sandpiper Road, Ipswich, Suffolk IP2 9HU3
£295K08/220.27 mi22, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£247.5K04/230.27 mi84, Plover Road, Ipswich, Suffolk IP2 9ND3
£225K12/220.27 mi29, Plover Road, Ipswich, Suffolk IP2 9ND3
£330K03/210.29 mi18, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£200K04/210.29 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£220K03/210.3 mi62, Mallard Way, Ipswich, Suffolk IP2 9LX3
£265K11/220.3 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£199K06/210.31 mi153, Fountains Road, Ipswich, Suffolk IP2 9SN3
£262K09/210.31 mi22, Dawnbrook Close, Ipswich, Suffolk IP2 9JW3
£200K11/210.32 mi31, Tern Road, Ipswich, Suffolk IP2 9NJ3
£184K12/200.33 mi246, Sheldrake Drive, Ipswich, Suffolk IP2 9NF3
£195K07/210.33 mi10, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£251K01/230.33 mi29, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£255K04/230.33 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£220K03/210.33 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£195K10/210.33 mi37, Fountains Road, Ipswich, Suffolk IP2 9EF3
£261K07/220.33 mi9, Newark Close, Ipswich, Suffolk IP2 9TS3
£215K02/210.34 mi9, Annbrook Road, Ipswich, Suffolk IP2 9JN3
£253K03/210.35 mi18, Evesham Close, Ipswich, Suffolk IP2 9DH3
£210K03/230.35 mi68, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£195K02/210.35 mi14, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£174K12/200.36 mi113, Fountains Road, Ipswich, Suffolk IP2 9ET3
£172K03/210.36 mi115, Fountains Road, Ipswich, Suffolk IP2 9ET3
£220K12/220.36 mi127, Fountains Road, Ipswich, Suffolk IP2 9ET3
£190K02/230.37 mi37, Dunlin Road, Ipswich, Suffolk IP2 9QE3
£231K02/230.37 mi177, Sheldrake Drive, Ipswich, Suffolk IP2 9JU3
£370K04/230.37 mi3, Lynnbrook Close, Ipswich, Suffolk IP2 9JR3
£217.5K04/210.38 mi5, Blyth Close, Ipswich, Suffolk IP2 9SE3
£252K02/230.38 mi37, Annbrook Road, Ipswich, Suffolk IP2 9JP3
£197K02/210.38 mi13, St Osyth Close, Ipswich, Suffolk IP2 9EY3

Local Rents

30 rents from £995/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,60001/250.02 mi-3
£1,00005/240.19 miFitzwilliam Close, Ipswich IP23
£1,09507/240.2 miFitzwilliam Close, Ipswich3
£1,09508/240.2 miFitzwilliam Close, Ipswich3
£1,20007/240.26 miRamsey Road, Ipswich3
£1,35009/240.31 miDawnbrook Close, Ipswich, Suffolk, IP23
£1,25006/240.33 miFountains Road, Ipswich, Suffolk, IP23
£1,20007/240.33 miFountains Road, Ipswich, Suffolk, IP23
£1,20008/240.33 miFountains Road, Ipswich, Suffolk, IP23
£1,20007/240.33 miAnnbrook Road, Ipswich, Suffolk, IP23
£1,25005/240.35 miGlastonbury Close, Ipswich3
£1,20004/240.38 miSheldrake Drive, Ipswich, Suffolk, IP23
£99506/240.38 miAbbotsbury Close, Ipswich3
£1,35008/240.46 mi-3
£1,25004/240.46 mi-3
£99507/240.47 miFritton Close, IP23
£1,10005/240.47 miFritton Close, Ipswich, Suffolk, IP2 9TE3
£1,05006/240.48 miIrlam Road, IP23
£1,39508/240.48 miIrlam Road, Ipswich, IP23
£1,09509/240.5 miSorrel Close, Ipswich3
£1,00004/240.54 miHeatherhayes, Ipswich, Suffolk, IP23
£1,10004/240.55 miCanterbury Close, Ipswich, Suffolk, IP23
£1,25008/240.55 miDaffodil Close, Ipswich, Suffolk, IP23
£1,20007/240.58 miBridgwater Road, IPSWICH3
£1,25007/240.58 miBridgwater Road, IP23
£1,20007/240.58 miBridgwater Road, IP23
£1,20004/240.6 miIpswich3
£1,20008/240.6 miRadcliffe Drive, Ipswich3
£1,25008/240.62 miBunting Road3
£1,45003/250.62 mi-3

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

2.01 miles away

Nearest school

0.10 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £234,950

March 25, 2025

Floor Plans

Description

Property - ALL DOUBLE BEDROOMS!! We are pleased to offer for sale, this spacious, mid terrace family house located in the South West of Ipswich with easy access to the A14 and other town amenities. Throughout the property, the accommodation offers well apportioned dimensions, with the ground floor space matched by 3 double bedrooms to the first floor. Quietly set back from the road off of a pedestrian walk way, the house boasts a modern kitchen/dining room across the rear of the house overlooking the garden, gas c/heating and UPVc double glazing. Offered with NO ONWARD CHAIN the property needs to be viewed to be fully appreciated.

Entrance Hallway - Doors to 2 x storage cupboards. Door to cloakroom. Stairs to first floor. Under stair storage area. Doors off to:

Cloakroom - Low level wc. Wash hand basin.

Sitting Room - 4.6 x 3.4 (15'1" x 11'1") - Window to front aspect. Radiator. Laminate wood flooring.

Kitchen/Diner - 4.2 x 5.3 (13'9" x 17'4") - Fitted with a range of modern units eye level and matching base units. Fitted electric hob an oven with extractor over. Single drainer sink unit. Built in dishwasher. Standing spaces for appliances including washing machine, tumble dryer, fridge freezer/fridge. Radiator. Window to rear aspect. Double doors to garden. Door to storage cupboard. Laminate flooring.

Landing - Landing with access to loft space. Door to airing cupboard. Door to storage cupboard. Doors off to:

Bedroom 1 - 4.6 x 2.6 (15'1" x 8'6") - Window to front aspect. Radiator. Door to built in wardrobe.

Bedroom 2 - 3.5 x 2.6 (11'5" x 8'6") - Window to rear aspect. Radiator. Door to built in wardrobe.

Bedroom 3 - 2.5 x 2.5 (8'2" x 8'2") - Window to front aspect. Radiator.

Bathroom - Fitted with suite comprising panel bath with shower over and glazed screen, wash hand basin and low level wc. Window to rear aspect. Radiator.

Outside - The front of the property is approached via a pedestrian pathway, with steps down to the front door. The front is predominantly laid to low maintenance landscaping, with twin doors to external storage rooms. The rear garden has paved seating area immediately adjacent to the double doors, with the remainder of the garden laid to lawn. Timber fencing boundary.

Agent Details

Grace Estate Agents, Ipswich

01473 943361

Next Steps?

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