St Edmund House, Rope Walk, Ipswich, IP4
MA

St Edmund House, Rope Walk, Ipswich, IP4

By Marks & Mann Estate Agents Ltd

£ 150,000

Reviews

3 out of 5 stars

Marks & Mann Estate Agents Ltd says ..

An excellent opportunity for a FIRST TIME BUYER or BUY TO LET INVESTOR to purchase this extremely light and spacious first floor apartment located in CENTRAL IPSWICH with two LIFT FACILITIES and ALLOCATED SECURE UNDERGROUND PARKING SPACES. The accommodation offers main open plan living and kit...

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in St Edmund House, Rope Walk, Ipswich. The apartment appears to be in good condition based on the provided photos. The interior is modern and well-maintained, with a contemporary kitchen and bathrooms. There is no evidence of significant repairs or renovations needed. The location is close to Suffolk New College (0.11 KM), and several other educational institutions and amenities. Public transportation options are also within a reasonable distance. However, the lack of plot size suggests the property does not have a garden. Considering the list price of £150,000, the average price in the area is significantly higher at £590,968. The average price per square foot is £492.00, while this property’s price per square foot is considerably lower. However, the lack of plot size and the fact that this is an apartment, rather than a house, must be taken into account when assessing value. Nearby comparable properties are also significantly smaller in size and lower in price than the area average, suggesting the price may be reasonable in the context of the local apartment market.

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
8
Condition
9
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
1,017.19

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
570,435.00 £
Increased by 16.78 %
from 488,470.00 £
Est sale value
583,867.06 £
Increased by 21.35 %
from 481,130.87 £
Average area rental value
1,562.00 £/mo
Increased by 10.39 %
from 1,415.00 £/mo
Est letting value
1,017.19 £/mo
Unchanged by 0.00 %
from 1,017.19 £/mo
Est rental Yield
3.29 %
Decreased by 5.46 %
from 3.48 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Marks & Mann Estate Agents Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Suffolk New CollegeFurther EducationRequires improvement0.11 KM
Learning Support, Southern Area Education OfficeMiscellaneous0.18 KM
St Helen'S Primary SchoolAcademy ConverterGood0.26 KM
University Of SuffolkHigher Education InstitutionsRequires improvement0.35 KM
St Margaret'S Church Of England Voluntary Aided Primary School, IpswichVoluntary Aided SchoolGood0.69 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Argyle Street £ 000.00 KM
A1071 £ 179,99500.00 KM
St. Helens Street £ 000.00 KM
Clench Close £ 000.00 KM
Orchard Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Derby Road (Ipswich)7212DBR2.12 KM
Ipswich7217IPS2.25 KM
Westerfield7226WFI2.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
St. Edmund House, Rope Walk, IP4 £ 110,000BUY5 / 100.01 KM
Rope Walk, Ipswich, IP4 £ 140,000BUY5 / 100.04 KM
Rope Walk, Ipswich £ 150,000BUY5 / 100.04 KM
Rope Walk, Ipswich £ 180,000BUY5 / 100.05 KM
Rope Walk, Ipswich £ 150,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
13 Grimwade Street £ 19,0000.12 KM
9 Grimwade Street £ 122,0000.12 KM
19 Grimwade Street £ 117,0000.12 KM
17 Grimwade Street £ 110,0000.12 KM
3 Grimwade Street £ 195,0000.12 KM