3 Bed Terraced House, Single Let, Ipswich, IP2 9EQ, £250,000

Downing Close, Ipswich, IP2 9EQ - 24 days ago

BTL
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£160K - £650K
Sold Prices/m²£1.4K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£271,091
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Total Cash In

£78,700

 

 

Cash Out

 

Rent Range

£995 - £1,600

Rent Estimate

£1,031

Running Costs/mo

£1,007

Cashflow/mo

£24

Cashflow/yr

£283

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £160K to £650K, average is £248.8K. £1.4K/m² to £4.9K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£184K12/200 mi117, Downing Close, Ipswich, Suffolk IP2 9EQ3
£275K10/200.12 mi4, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£300K04/230.12 mi14, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£366K05/230.13 mi98, Sandringham Close, Ipswich, Suffolk IP2 9DU3
£200K05/210.14 mi158, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£235K06/230.14 mi150, Chesterton Close, Ipswich, Suffolk IP2 9UJ3
£160K10/200.16 mi11, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£210K06/230.16 mi56, Fitzwilliam Close, Ipswich, Suffolk IP2 9ST3
£350K06/210.16 mi28, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£357.5K03/210.16 mi40, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£360K08/210.17 mi34, Balmoral Close, Ipswich, Suffolk IP2 9EJ3
£315K11/200.18 mi26, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£270K10/200.18 mi14, Sandringham Close, Ipswich, Suffolk IP2 9DT3
£275K01/230.18 mi119, Mallard Way, Ipswich, Suffolk IP2 9LZ3
£285K02/230.19 mi44, Holyrood Close, Ipswich, Suffolk IP2 9DZ3
£650K02/210.21 mi263, Belstead Road, Ipswich, Suffolk IP2 9DX3
£250K02/230.22 mi85, Sandpiper Road, Ipswich, Suffolk IP2 9HT3
£240K10/220.25 mi56, Sandpiper Road, Ipswich, Suffolk IP2 9HU3
£247.5K04/230.26 mi84, Plover Road, Ipswich, Suffolk IP2 9ND3
£225K12/220.26 mi29, Plover Road, Ipswich, Suffolk IP2 9ND3
£285K07/230.26 mi46, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£250K03/210.26 mi37, Wigmore Close, Ipswich, Suffolk IP2 9SW3
£220K03/210.27 mi62, Mallard Way, Ipswich, Suffolk IP2 9LX3
£200K04/210.28 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£265K11/220.28 mi66, Plover Road, Ipswich, Suffolk IP2 9ND3
£295K08/220.29 mi22, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£200K11/210.3 mi31, Tern Road, Ipswich, Suffolk IP2 9NJ3
£330K03/210.3 mi18, Ramsey Close, Ipswich, Suffolk IP2 9EA3
£184K12/200.32 mi246, Sheldrake Drive, Ipswich, Suffolk IP2 9NF3
£262K09/210.33 mi22, Dawnbrook Close, Ipswich, Suffolk IP2 9JW3
£195K07/210.33 mi10, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£251K01/230.33 mi29, Sandpiper Road, Ipswich, Suffolk IP2 9HX3
£199K06/210.34 mi153, Fountains Road, Ipswich, Suffolk IP2 9SN3
£253K03/210.35 mi18, Evesham Close, Ipswich, Suffolk IP2 9DH3
£215K02/210.35 mi9, Annbrook Road, Ipswich, Suffolk IP2 9JN3
£195K10/210.36 mi37, Fountains Road, Ipswich, Suffolk IP2 9EF3
£255K04/230.36 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£220K03/210.36 mi26, Fountains Road, Ipswich, Suffolk IP2 9ES3
£475K10/220.36 mi203, Belstead Road, Ipswich, Suffolk IP2 9DW3
£190K02/230.36 mi37, Dunlin Road, Ipswich, Suffolk IP2 9QE3
£261K07/220.37 mi9, Newark Close, Ipswich, Suffolk IP2 9TS3
£247K11/210.37 mi20, Byland Close, Ipswich, Suffolk IP2 9BQ3
£269K03/230.37 mi20, Byland Close, Ipswich, Suffolk IP2 9BQ3
£195K05/210.37 mi34, Byland Close, Ipswich, Suffolk IP2 9BQ3
£231K02/230.38 mi177, Sheldrake Drive, Ipswich, Suffolk IP2 9JU3
£183K03/210.38 mi73, Sheldrake Drive, Ipswich, Suffolk IP2 9NP3
£210K03/230.38 mi68, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£195K02/210.38 mi14, Glastonbury Close, Ipswich, Suffolk IP2 9EE3
£200K07/210.38 mi16, Kittiwake Close, Ipswich, Suffolk IP2 9NT3
£252K02/230.39 mi37, Annbrook Road, Ipswich, Suffolk IP2 9JP3

Local Rents

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

RentDateDistanceAddressBeds 
£1,60001/250.02 mi-3
£1,00005/240.16 miFitzwilliam Close, Ipswich IP23
£1,09507/240.17 miFitzwilliam Close, Ipswich3
£1,09508/240.17 miFitzwilliam Close, Ipswich3
£1,20007/240.28 miRamsey Road, Ipswich3
£1,35009/240.33 miDawnbrook Close, Ipswich, Suffolk, IP23
£1,20007/240.34 miAnnbrook Road, Ipswich, Suffolk, IP23
£1,25006/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20007/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20008/240.35 miFountains Road, Ipswich, Suffolk, IP23
£1,20004/240.38 miSheldrake Drive, Ipswich, Suffolk, IP23
£1,25005/240.38 miGlastonbury Close, Ipswich3
£99506/240.4 miAbbotsbury Close, Ipswich3
£1,09509/240.47 miSorrel Close, Ipswich3
£1,25004/240.48 mi-3
£99507/240.48 miFritton Close, IP23
£1,10005/240.48 miFritton Close, Ipswich, Suffolk, IP2 9TE3
£1,05006/240.48 miIrlam Road, IP23
£1,39508/240.48 miIrlam Road, Ipswich, IP23
£1,35008/240.49 mi-3
£1,25008/240.52 miDaffodil Close, Ipswich, Suffolk, IP23
£1,00004/240.52 miHeatherhayes, Ipswich, Suffolk, IP23
£1,20004/240.57 miIpswich3
£1,20007/240.58 miBridgwater Road, IPSWICH3
£1,25007/240.58 miBridgwater Road, IP23
£1,20007/240.58 miBridgwater Road, IP23
£1,10004/240.58 miCanterbury Close, Ipswich, Suffolk, IP23
£1,45003/250.59 mi-3
£1,25008/240.6 miBunting Road3
£1,20008/240.61 miRadcliffe Drive, Ipswich3

Local Area Statistics

Population in IP2

30,997

Population in Ipswich

219,393

Town centre distance

1.99 miles away

Nearest school

0.10 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-1%

Sales demand

Balanced market

Capital growth (5yrs)

+28%

Property History

Listed for £250,000

March 21, 2025

Floor Plans

Description

  • POPULAR SOUTH WESTERLY LOCATION +
  • DOWNSTAIRS SHOWER ROOM +
  • BEING SOLD WITH NO ONWARD CHAIN +
  • SPACIOUS KITCHEN/DINER +
  • OFF ROAD PARKING +
  • WELL PRESENTED REAR GARDEN +

SUMMARY
A three bedroom mid-terraced property well positioned for the mainline railway station, town centre and the rejuvenated waterfront marina. The home boasts a spacious kitchen/diner, downstairs shower room, well presented rear garden, off road parking and is being sold with no onward chain.

DESCRIPTION
Connells are pleased to offer with no onward chain this mid-terraced property located to the south west side of Ipswich which offers good access to the mainline train station as well as the A 12 and A 14. The home comprises of a downstairs shower room, living room, kitchen/diner and store room, upstairs the property has three good sized bedrooms and a bathroom. Externally the property benefits from a block paved drive providing off road parking and a well presented rear garden with a raised decking area, lawned area and a shed.

Close by 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.

Entrance Porch 
Accessed via upvc double glazed door, wood effect flooring and door giving access to:

Entrance Hall  
Wood effect flooring, storage cupboard, stairs raising to the first floor with storage cupboard under and radiator.

Shower Room  
Upvc double glazed window to front, close coupled w/c and wash had basin with mixer tap, tiled flooring, tiled walls, fully tiled shower cubicle with independent shower over, smooth ceiling with spot lighting and extractor fan.

Study 7' x 5' 2" ( 2.13m x 1.57m )
Upvc double glazed window to front, wood effect flooring and storage cupboard.

Lounge  15' 1" x 11' 4" ( 4.60m x 3.45m )
Upvc double glazed window to front, radiator, wood effect flooring and textured and coved ceiling.

Kitchen/Diner 17' max x 14' 1" max ( 5.18m max x 4.29m max )
Two upvc double glazed windows to rear, space for American style fridge freezer, space for tumble dryer, radiator, tiled flooring, upvc double glazed door giving access to the rear garden, space for cooker with stainless steel splash backs and filter hood over, space and plumbing for washing machine, 1 1/2 bowl sink with mixer tap inset in a roll edge work top with cupboards and drawers under and matching above, smooth coved ceiling and storage cupboard with wifi heating control.

First Floor Accommodation  

Landing  
Airing cupboard, wood effect flooring, coved ceiling with loft access and retractable ladder.

Bedroom One  15' 1" x 8' 8" ( 4.60m x 2.64m )
Upvc double glazed window to front, wood effect flooring, range of fitted sharpes wardrobes and textured and coved ceiling.

Bedroom Two  11' 5" x 11' 5" max ( 3.48m x 3.48m max )
Upvc double glazed window to rear, radiator, smooth ceiling, built in wardrobes and wood effect flooring.

Bedroom Three  11' 5" x 8' 4" ( 3.48m x 2.54m )
Upvc double glazed window to front, radiator, wood effect flooring, textured and coved ceiling and storage cupboard.

Bathroom  
Upvc double glazed window to rear, extractor fan, shaped and panel bath with mixer tap and shower attachment, tiled flooring, enclosed w/c, vanity wash hand basin with mixer tap, cupboard housing wall mounted boiler and smooth coved ceiling.

Outside  
To the front of the property is a blocked paved drive providing off road parking. There is gated side access to the rear garden which comprises of a raised decking area, has been landscaped to lawn and stone and also has a shed to remain.

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.

Agent Details

Connells, Ipswich

01473 943139

Next Steps?

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