Princes Street, Ipswich
CO

Princes Street, Ipswich

By Connells

£ 850,000

Reviews

2 out of 5 stars

Connells says ..

Investment Opportunity. Located in the Town Centre we are offering a chance to purchase this portfolio of property comprising of Two Commercial Units and Three Apartments along with the Freehold of the Building. All of the units are currently let so please call for further details.

Property Oracle says ..

This property in Ipswich, Suffolk, is listed as an investment opportunity, encompassing two commercial units and three apartments within a single building on Princes Street. The central location offers easy access to Ipswich train station, various schools, and local amenities. The exterior appears well-maintained although further assessment is required. The lack of square footage data for the entire property and the individual apartments hinders a complete analysis of the value proposition. The £850,000 asking price may be subject to negotiation depending on factors like the individual unit sizes, rental yields, and the overall condition of the building. Further due diligence is strongly recommended, including a detailed property survey, verification of rental income potential, and thorough legal checks before committing to such a significant purchase. Potential buyers should seek independent professional advice to assess the investment opportunity accurately.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
2

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 £
Average area rental value
1,562.00 £/mo
Increased by 10.39 %
from 1,415.00 £/mo
Est rental Yield
3.29 %
Decreased by 5.46 %
from 3.48 %
Crime Rate
33.00 %
Unchanged by 0.00 %
from 33.00 %

Agent Activity

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
St Matthew'S Church Of England Primary School, IpswichAcademy Converter0.59 KM
Ipswich SchoolOther Independent School0.86 KM
St Margaret'S Church Of England Voluntary Aided Primary School, IpswichVoluntary Aided SchoolGood0.94 KM
Westbridge AcademyAcademy Alternative Provision ConverterGood1.15 KM
Hillside Primary SchoolAcademy Sponsor LedRequires improvement1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lion Street £ 000.00 KM
Cornhill £ 000.00 KM
Friars Courtyard £ 000.00 KM
Black Horse Lane £ 000.00 KM
Grey Friars Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ipswich7217IPS1.06 KM
Westerfield7226WFI3.12 KM
Derby Road (Ipswich)7212DBR3.49 KM

Nearby Listings

AddressPriceTypeScoreDistance
Princes Street, Ipswich £ 850,000BUY5 / 100.00 KM
Princes Street, Ipswich, IP1 £ 110,000BUY5 / 100.01 KM
Princes Street, IPSWICH £ 110,000BUY5 / 100.01 KM
Princes Street, Ipswich, IP1 £ 120,000BUY5 / 100.02 KM
Princes Street, Ipswich, IP1 £ 145,000BUY5 / 100.04 KM

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