Land to the rear of 119 Felixstowe Road, Ipswich, Suffolk, IP3 8EA
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Land to the rear of 119 Felixstowe Road, Ipswich, Suffolk, IP3 8EA

By Goldings

£ 75,000

Reviews

3 out of 5 stars

Goldings says ..

For sale by auction on Wednesday 15 May 2024 at Live Broadcast Auction Freehold site in East Ipswich... potential for variety of uses (stp)

Property Oracle says ..

This property listing is for a plot of land located to the rear of 119 Felixstowe Road, Ipswich, Suffolk. The land is relatively large, measuring 4,036.47 sq ft, and is currently surfaced with gravel and enclosed by fencing. The site’s location offers some positive aspects. It’s reasonably close to several primary schools and the Derby Road train station. However, the surrounding area appears to be primarily residential, with a mix of housing types. The absence of a house on the land itself means the property offers development potential but requires planning permissions to be put to full use. The listing price of £75,000 will need to consider potential development costs and related fees against the final value of the property once developed. Nearby property prices range considerably, with terraced houses on Felixstowe Road selling for significantly more, highlighting the value of development in the area. While there are several advantages to this property, such as the land size, location and proximity to transportation and education, there are also limitations to consider. Buyers should weigh up the advantages and disadvantages carefully. The information provided does not indicate zoning or planning permissions so further investigation is required before a full investment decision is made.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
4
Bedrooms
0
Bathrooms
0
Sqft (est)
1,399.31
Lot (est)
4,036.47

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
234,999.00 £
Increased by 17.66 %
from 199,732.00 £
Est sale value
352,626.12 £
Increased by 7.69 %
from 327,438.54 £
Average area rental value
1,012.00 £/mo
Decreased by 0.49 %
from 1,017.00 £/mo
Est letting value
1,399.31 £/mo
Unchanged by 0.00 %
from 1,399.31 £/mo
Est rental Yield
5.17 %
Decreased by 15.38 %
from 6.11 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Goldings marked this listing as sold.

  • Goldings created the listing.

Nearby Schools

NameTypeOfstedDistance
Rose Hill PrimaryAcademy Converter0.36 KM
Clifford Road Primary School & NurseryCommunity SchoolGood0.85 KM
Murrayfield Primary - A Paradigm AcademyAcademy Sponsor LedGood0.91 KM
East Ipswich Children'S CentreChildren's Centre1.01 KM
Cliff Lane Primary SchoolAcademy ConverterRequires improvement1.09 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lee Road £ 495,00000.00 KM
Wye Road £ 295,00000.00 KM
Derby Close £ 000.00 KM
Gladstone Road £ 190,00000.00 KM
Churchill Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby Road (Ipswich)7212DBR0.44 KM
Ipswich7217IPS3.85 KM
Westerfield7226WFI3.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Salisbury Road, Ipswich, IP3 £ 235,000BUY6 / 100.09 KM
Salisbury Road, Ipswich £ 210,000BUY7 / 100.10 KM
Newton Road, Ipswich £ 200,000BUY6 / 100.11 KM
York Road, Ipswich £ 250,000BUY7 / 100.11 KM
York Road, Ipswich £ 180,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
133 Felixstowe Road £ 180,0000.01 KM
131 Felixstowe Road £ 127,5000.01 KM
127 Felixstowe Road £ 180,0000.01 KM
121 Felixstowe Road £ 158,0000.01 KM
123 Felixstowe Road £ 137,5000.01 KM