2 Bed Terraced House, Refurb/BRRR, Ipswich, IP4 2DJ, £180,000

85 Stroud Green Road, Finsbury Park, London, N4 3EG - 1 views - a month ago

Refurb/BRRR
ROI: 3%
~68 m²
+8 photos

ValuationFair Value

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

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£182,530

 

 

End Value (After Refurb)

£175,625

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Refurb Costs

£31,639

Bridging Loan Interest

£4,725

Total Cash In

£94,414

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£175,625

Mortgage (After Refinance)

£131,719

Mortgage LTV

75%

Cash Left In

£94,414

Equity

£43,906

Rent Range

£700 - £3,600

Rent Estimate

£1,012

Running Costs/mo

£771

Cashflow/mo

£241

Cashflow/yr

£2,889

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £130K to £235K, average is £190.8K. £1.7K/m² to £4.5K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£130K11/200.04 mi24, Cemetery Road, Ipswich, Suffolk IP4 2EP2
£168.5K01/210.07 mi13, Cobbold Street, Ipswich, Suffolk IP4 2DN2
£160K03/210.08 mi70, Woodbridge Road, Ipswich, Suffolk IP4 2NG2
£165K05/230.08 mi20, Hervey Street, Ipswich, Suffolk IP4 2ES2
£190K04/210.1 mi12, Arthurs Terrace, Ipswich, Suffolk IP4 2NN2
£177.5K06/230.12 mi7, Finchley Road, Ipswich, Suffolk IP4 2HX2
£148K06/230.12 mi20, Finchley Road, Ipswich, Suffolk IP4 2HX2
£170K07/210.15 mi71, Hervey Street, Ipswich, Suffolk IP4 2ET2
£198K10/210.15 mi95, Hervey Street, Ipswich, Suffolk IP4 2ET2
£158K02/210.15 mi21, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£170K11/200.15 mi36, Norfolk Road, Ipswich, Suffolk IP4 2HB2
£235K06/210.17 mi66, Lacey Street, Ipswich, Suffolk IP4 2PH2
£211.8K06/230.19 mi62, Bolton Lane, Ipswich, Suffolk IP4 2BY2
£145K03/210.2 mi41, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£157K12/200.21 mi80, Suffolk Road, Ipswich, Suffolk IP4 2EZ2
£230K12/200.23 mi21, Palmerston Road, Ipswich, Suffolk IP4 2NU2
£225K06/210.23 mi122, Hervey Street, Ipswich, Suffolk IP4 2EU2
£230K12/220.24 mi22, Hayhill Road, Ipswich, Suffolk IP4 2HP2
£180K03/230.25 mi192, Woodbridge Road, Ipswich, Suffolk IP4 2PB2
£189K01/210.27 mi156, Cemetery Road, Ipswich, Suffolk IP4 2HL2
£205K12/220.27 mi116, Lacey Street, Ipswich, Suffolk IP4 2PL2
£179K06/210.27 mi18, Lancaster Road, Ipswich, Suffolk IP4 2NY2
£228.5K09/210.3 mi38, Warwick Road, Ipswich, Suffolk IP4 2QE2
£160K05/210.3 mi23, North Hill Road, Ipswich, Suffolk IP4 2PW2
£140K04/230.31 mi24, Alexandra Road, Ipswich, Suffolk IP4 2RH2
£170K02/210.31 mi53, Tuddenham Avenue, Ipswich, Suffolk IP4 2HF2
£201K01/210.34 mi7, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£184K06/230.34 mi32, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£215K05/230.34 mi43, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£220K12/220.34 mi1, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£195K12/220.35 mi28, Nottidge Road, Ipswich, Suffolk IP4 2RJ2
£210K09/210.37 mi37, Alexandra Road, Ipswich, Suffolk IP4 2RL2
£188K06/210.38 mi32, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£177K09/210.4 mi14, Meridian Rise, Ipswich, Suffolk IP4 2GA2
£198K04/210.41 mi114, Tuddenham Avenue, Ipswich, Suffolk IP4 2HG2
£191.5K07/210.42 mi42, Spring Road, Ipswich, Suffolk IP4 2RS2
£207.5K06/230.48 mi27, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£173K01/210.48 mi18, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£185.5K10/220.48 mi55, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£215K01/230.48 mi61, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£226K12/220.48 mi53, High Street, Ipswich, Suffolk IP1 3QL2
£195K07/210.49 mi63, Finbars Walk, Ipswich, Suffolk IP4 1HY2
£210K03/210.51 mi100, Spring Road, Ipswich, Suffolk IP4 2RR2
£230K07/230.51 mi46, St Georges Street, Ipswich, Suffolk IP1 3LH2
£212K08/210.53 mi141, Back Hamlet, Ipswich, Suffolk IP3 8AW2
£200K12/220.55 mi25, Parade Road, Ipswich, Suffolk IP4 4BH2
£195K09/210.55 mi42, Parade Road, Ipswich, Suffolk IP4 4BH2
£164.5K02/210.55 mi6, Parade Road, Ipswich, Suffolk IP4 4BH2
£187K02/230.58 mi34, Woodville Road, Ipswich, Suffolk IP4 1PD2
£200K12/220.58 mi54, Rosebery Road, Ipswich, Suffolk IP4 1PS2

Local Rents

51 rents from £700/mo to £3.6K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£97506/240.03 miCemetery Road, Ipswich, IP42
£89504/240.03 miHervey Street, Ipswich2
£87504/240.05 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£87507/240.05 miCobbold Street, Ipswich, Suffolk, IP4 2DN2
£80004/240.06 miWoodbridge Road, Ipswich, Suffolk, IP42
£97504/240.06 miChristchurch Street,Ipswich,IP42
£1,00005/240.06 miChristchurch Street, Ipswich2
£1,10009/240.07 mi-2
£99510/240.08 mi-2
£75004/240.09 miChristchurch Street, Ipswich2
£92504/240.13 mi-2
£92504/240.13 mi-2
£87504/240.13 miSt Helens Street, Ipswich2
£77508/240.15 miSt. Helens Street, Ipswich2
£75008/240.15 miSt. Helens Street, Ipswich2
£70004/240.16 miWithipoll Street, Ipswich, IP42
£85004/240.16 mi-2
£85004/240.16 miCemetery Road, Ipswich, Suffolk, IP42
£95007/240.17 miBond Street, IPSWICH2
£3,60005/240.18 mi-2
£3,60010/240.18 mi-2
£92507/240.18 miFinchley Road, Ipswich2
£82507/240.18 miFlat 705, Carr Street, Ipswich2
£95012/230.18 mi-2
£85007/240.19 miNorfolk Road, Ipswich, Suffolk, UK, IP42
£87504/250.19 mi-2
£90005/240.19 miFinchley Road2
£99501/240.2 miColman Gardens, 15 Great Colman Street, Ipswich, Suffolk, IP42
£90006/240.2 miGreat Colman Street, Colman Gardens, Ipswich, Suffolk, IP42
£87504/240.2 mi-2
£87505/240.21 miSuffolk Road, IP42
£1,00006/240.22 miSuffolk Road, Ipswich, Suffolk, IP42
£1,00004/240.23 miSt Edmund House, Rope Walk, Ipswich, Suffolk, IP42
£90007/240.23 miSt Helens Street, Ipswich2
£1,00004/240.24 miRope Walk, Ipswich2
£99504/240.28 mi-2
£80005/240.29 miGrimwade Street, Ipswich2
£97505/240.29 miFoundation Street, Ipswich2
£87508/240.29 miStar Lane, Ipswich, Suffolk, UK, IP42
£82507/240.29 miTown Centre Apartment, Ipswich2
£80008/240.29 miTown Centre Apartment, Ipswic2
£95007/240.29 miMeridian Rise, Ipswich, Suffolk, IP42
£95008/240.29 miMeridian Rise, Ipswich, Suffolk, IP42
£75005/240.29 miStar Lane, Ipswich, Suffolk, IP42
£92506/240.29 miStar Lane, Ipswich, Suffolk, IP42
£82508/240.29 miTacket Street, Ipswich2
£89504/240.29 miFoundation Street, Ipswich, IP42
£89504/240.29 miFoundation Street, Ipswich, IP42
£1,05008/240.29 miFoundation Street, IPSWICH2
£1,10004/240.3 mi-2
£99504/240.3 miWoodbridge Road, Ipswich, IP42

Local Area Statistics

Population in IP4

36,429

Population in Ipswich

219,393

Town centre distance

0.27 miles away

Nearest school

0.10 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+13%

Property History

Listed for £180,000

April 1, 2025

Description

  • 2 double bedrooms +
  • Terraced house +
  • Freehold tenure +
  • EPC rating C +
  • 0.2 miles from Christchurch Park +
  • 0.5 miles from Ipswich Town Centre +

Welcome to your charming abode on Christchurch Street, Ipswich. This newly renovated 2 double bedroom terraced house offers a delightful blend of modern convenience and classic charm.

Upon entering, you’re greeted by an inviting open plan living and dining area, perfect for entertaining guests or enjoying cozy evenings in. The newly renovated kitchen boasts sleek grey shaker cabinetry, providing ample storage space and a contemporary aesthetic.

Adjacent to the kitchen, you’ll find the newly fitted bathroom, complete with a spacious walk-in shower, WC, and basin, offering both style and functionality.

Step outside to discover the low-maintenance courtyard-style garden, providing a tranquil retreat for outdoor relaxation and al fresco dining.

Venturing upstairs, you’ll find two generously sized double bedrooms, one overlooking the peaceful rear and the other front facing.

Throughout the property, recent renovations include fresh paint, new carpets, and updated electrics, ensuring a modern and comfortable living environment.

With its prime location on Christchurch Street, within close proximity of Christchurch Park and other local convinces including Swimming and Gym facilities at Crown Pools and a fantastic local pub The Woolpack.

Agent Details

Davies & Davies, Finsbury Park

020 3869 5548

Next Steps?

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